Jurnal Ekonomi
Vol. 12 No. 01 (2023): Jurnal Ekonomi, 2023 Periode Januari - Maret

THE EFFECTS OF PROFITABILITY, LIQUIDITY AND FIRM SIZE ON FIRM VALUE, WITH SUSTAINABILITY REPORT AS THE MODERATING VARIABLE

Satria Galih Pambudi (Universitas Nasional Jakarta)
Zumratul Meini (Universitas Nasional Jakarta)



Article Info

Publish Date
13 Jan 2023

Abstract

The high price of a company's stock can indicate that the company's achievements have increased its value; the higher the stock price, the greater the company's achievements. This research aimed at investigating the effect of profitability, liquidity, and firm size on firm value, as well as the moderate effect of sustainability reports on the effect of profitability, liquidity, and firm size. In this study, 48 firms listed on the Indonesia Stock Exchange between 2017 and 2021 were analyzed. WarpPLS 8.0 is utilized for information processing. The results of this study indicate that profitability and liquidity have a significant effect on firm value while firm size has no effect on firm value. Sustainability reports can moderate the relationship between profitability and liquidity on firm value, but sustainability reports cannot moderate firm size on firm value.

Copyrights © 2023






Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p. ISSNĀ 2301-6280, e. ISSNĀ 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts ...