JIMEKA
Vol 10, No 2 (2025): Mei 2025

PENGARUH PROFITABILITAS, LIKUIDITAS, DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN DENGAN STRUKTUR MODAL SEBAGAI VARIABEL MODERASI

Kangga, Doris Ratnasari (Unknown)
Suwandhy, Emily (Unknown)
Lee, Mirelline Valencia (Unknown)



Article Info

Publish Date
15 Jul 2025

Abstract

This study aims to examine and analyze the influence of profitability, liquidity, and company size on firm value, with capital structure as a moderating variable, in Consumer Non-Cyclicals companies listed on the Indonesia Stock Exchange for the period 20212023. The population of this study consisted of 122 Consumer Non-Cyclicals companies listed during that period. From this population, a sample of 57 companies was selected using the purposive sampling method. The data analysis method used in this study is Partial Least Squares (PLS) with a two-stage approach model, consisting of an outer model test, a model feasibility test, and an inner model test, using the SmartPLS version 3.2.9 program. The results of the study show that profitability has a positive effect on firm value, while liquidity has a negative effect on firm value. Meanwhile, firm Size and capital structure do not have an effect on firm value. Furthermore, Capital Structure moderates the relationship between profitability and liquidity with firm value, but does not moderate the relationship between firm size and firm value.

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Journal Info

Abbrev

EKA

Publisher

Subject

Economics, Econometrics & Finance Social Sciences Other

Description

Subjek area penelitian yang masuk kedalam ruang lingkup dan cakupan Jurnal Ilmiah Mahasiswa Ekonomi Akuntani (JIMEKA) adalah sebagai berikut: Islamic accounting Public sector accounting Auditing Capital market Accounting information system International accounting Accounting theory Financial ...