Indonesia Accounting Research Journal
Vol. 10 No. 2 (2022): December: Accounting

The effect of asset growth and company size on company value with profitability as a moderating variable

M Amin (Institut Pemerintahan Dalam Negeri, Indonesia)
Ikhwan Wadi (Universitas Gunung Rinjani, Indonesia)



Article Info

Publish Date
31 Dec 2022

Abstract

This study aims to empirically examine the effect of Asset Growth and Company Size on firm value with profitability as a moderating variable case study on metal companies and the like listed on the Indonesia Stock Exchange over five periods from 2012-2016. This research is a sociative with a form of causal relations. The population in this study were all metal companies and the like listed on the Indonesia Stock Exchange from 2012 to 2016 with the total 16 companies. Sampling in this study used a purposive sampling method. Based on predetermined Criteria, 12 companies were obtained as research samples so that the amount of data processed was 60. Based on the results of data analysis, profitability is not able to moderate the effect of asset growth on the value of the company in metal and similar companies listed on the Indonesia Stock Exchange in 2012-2016. This is indicated by the regression coefficient value of the variable between the growth of assets and profitability (X1.X3) of -0.009 with the value of t <t table (-0.351 <2.00247) with a significance level of 0.727> 0.05. Profitability is not able to moderate the effect of company size on the value of the company in metal companies listed on the Indonesia Stock Exchange in 2012-2016. This is indicated by the variable regression coefficient of interaction between firm size and profitability (X2.X3) of -0.068 with t count <t table (-1.797 <2.00247) with a significance level of 0.078> 0.05

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Journal Info

Abbrev

Accounting

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

The Indonesia Accounting Research Journal (IACRJ) embraces a range of methodological approaches in identifying and solving significant prioritised accounting issues. Submissions are encouraged across all areas on accounting, finance and cognate disciplines. It is strongly recommended that authors ...