Pengaruh Struktur Modal dan Leverage terhadap Nilai Perusahaan dengan Kinerja Keuangan Sebagai Variabel Intervening

Sentri Lestiani
Ati Retna Sari
Supami Wahyu Setyowati

Journal of Ekonomics, Finance, and Management Studies
Vol. 6 No. 10 (2025): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam

This study analyzes the effect of capital structure and leverage on firm value with financial performance as an intervening variable. Data were collected through the IDX website on companies in the goods and consumer sectors in 2021-2024 and analyzed using SmartPLS. The results show that capital structure and leverage affect firm value through financial performance. This study recommends that corporate decisions in financial management related to debt need to be considered with the company's financial performance to minimize corporate risk.