Jurnal Ilmiah Wahana Akuntansi
Vol 12 No 1 (2017): Jurnal Ilmiah Wahana Akuntansi

The influence of debt policy on firm value with firm size as a moderating variable.

I Pande Putu Suwisnaya (Fakultas Ekonomi dan Bisnis Universitas Udayana)
Komang Ayu Krisnadewi (Fakultas Ekonomi dan Bisnis Universitas Udayana)



Article Info

Publish Date
31 Jul 2017

Abstract

The purpose of this study is to provide empirical evidence about the effect of debt policy on the company’s value where the size of the company as a moderating variable. This study was performed on companies listed in Indonesia Stock Exchange in 2012-2015. The total sample of 88 companies with a total number of observations as much as 352 observations. The analysis technique used is the moderated regression analysis (MRA). The company's value in this study is proxied by the price book value (PBV), while the debt policy is proxied by debt to equity ratio (DER), and the size of the company is proxied by the natural logarithm of total assets. Based on the analysis found that the debt policy significant positive effect on the value of the company, which weakens the relationship between the size of the company's debt policy on the value of the company.

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Journal Info

Abbrev

wahana-akuntansi

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Journal of Wahana Akuntansi online edition with ISSN: 2302-1810 published by the Faculty of Economics, State University of Jakarta, Campus A, in Rawamangun Muka, East Jakarta 13220, Phone (021) 4721227, Fax (021) 4706285. Journal Wahana Akuntansi contains the results of research, conceptual ideas, ...