<![CDATA[This study aims to analyze the effect of cost of capital, earnings forecast accuracy, and investment efficiency on firm value, with analyst coverage as a moderating variable. Firm value is an important indicator reflecting investors' perceptions of a company's future prospects and performance. In an increasingly competitive capital market, factors influencing firm value are a primary concern for management, investors, and other stakeholders. A low cost of capital can increase firm value by optimizing funding structures and increasing profitability. Meanwhile, earnings forecast accuracy plays a role in reducing information asymmetry and increasing investor confidence in the information provided by the company. Furthermore, investment efficiency reflects a company's ability to optimally allocate resources, thereby creating added value for shareholders. This study also examines the role of analyst coverage as a moderating variable, which is expected to strengthen or weaken the relationship between the independent variables and firm value. The greater the analyst coverage of a company, the greater the quality of information available in the market, thereby increasing the effectiveness of the influence of cost of capital, earnings forecast accuracy, and investment efficiency on firm value. The results of this study are expected to provide theoretical contributions to the field of corporate finance and serve as a consideration for investors and management in strategic decision-making.]]>
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