JUEBIR: Journal of Economics and Business Research
Vol. 4 No. 1 (2025): June 2025

Analisis Profitabilitas Perusahaan Energi dengan Struktur Modal Sebagai Variabel Moderasi

Bayu, Bayu (Unknown)
Waharini, Faqiatul Mariya (Unknown)



Article Info

Publish Date
30 Jun 2025

Abstract

This research aims to determine the effect of company size, liquidity and managerial ownership on profitability with capital structure as a moderating variable (Study of Energy Sub-sector Companies Listed on the IDX for the period (2021 - 2023). This research uses a quantitative type of research using multiple regression analysis. The sampling technique uses purposive sampling, and a sample of 22 energy sub-sector companies for the 2021-2023 period is obtained. The research results show that the company size variable has a negative but not significant influence on profitability, Liquidity has a positive but not significant influence on profitability, managerial ownership has a positive but not significant influence on profitability. In the results of the Moderate Regression Analysis (MRA) test, the capital structure variable is not able to act as a moderator in the relationship between liquidity and profitability, capital structure is not able to act as a moderator in the relationship between managerial ownership and profitability, and the variable AR(1) has a positive but not significant effect on profitability.

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Journal Info

Abbrev

juebir

Publisher

Subject

Religion Economics, Econometrics & Finance

Description

Journal of Economics and Business Research (JUEBIR) is an open-access student journal that welcomes scientific contributions from students in the fields of management, finance, business, and Islamic economics, as outlined in its Focus and scope. The journal invites manuscripts in the following ...