Krisna: Kumpulan Riset Akuntansi
Vol. 17 No. 1 (2025): KRISNA: Kumpulan Riset Akuntansi

THE ROLE OF CAPITAL STRUCTURE IN MODERATING LIQUIDITY, PROFITABILITY AND FIRM SIZE

Berta Shania Ayu Wulandari (Unknown)
Hans Hananto Andreas (Universitas Kristen Satya Wacana)



Article Info

Publish Date
08 Jul 2025

Abstract

This study aims to determine the effect of liquidity, profitability, and company size on firm value by using capital structure as a moderating variable. This study uses a quantitative method with a research sample of manufacturing companies listed on the Indonesia Stock Exchange (IDX) using 143 company samples in the 2021-2023 period. The research methods used are panel data regression, multiple regression analysis, and moderation regression analysis. This study proves that liquidity and company size have a negative effect, while profitability has a positive effect on firm value. Capital structure does not moderate the relationship between liquidity and firm size on firm value. However, capital structure is stated to be able to weaken the relationship of profitability to firm value. Keyword: Liquidity, Profitability, Firm Size, Firm Value, Capital Structure

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Journal Info

Abbrev

krisna

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

KRISNA: Kumpulan Riset Akuntansi is a journal research published by Accounting Department, Faculty of Economics, Warmadewa University. This Journal is a group of research including accounting and business development, such as financial accounting, management accounting, Auditing, tax, accounting ...