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The Effect Of Leverage And Liquidity On Company Value With Company Size As A Moderating Variable On Property And Real Estate Companies Listed On The Indonesia Stock Exchange In 2015-2020 vina; Nagian Toni; Galumbang Hutagalung
International Journal of Applied Finance and Business Studies Vol. 10 No. 1 (2022): June: Applied Finance and Business Studies
Publisher : TRIGIN PUBLISHER

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (384.761 KB) | DOI: 10.35335/ijafibs.v10i1.48

Abstract

This study aims to examine and analyze the effect of leverage and liquidity on firm value with firm size as a moderating variable in property and real estate companies listed on the Indonesia Stock Exchange in 2015-2020. The sample of property and real estate is 12 companies, in a period of 6 years. The sampling technique is the Purposive Sampling Technique. The data collection technique is a documentation study with the type of data, namely secondary data. This research uses Partial Least Square data analysis method. And the data is processed with Smart PLS. The results of this study indicate that Leverage has a positive and significant effect on Price to Book Value, Liquidity has a positive and significant effect on Price to Book Value. Then the results of this study also show that Firm Size is not able to moderate the effect of Leverage and Liquidity on Firm Value. The amount of PBV variation can be explained by the independent variable of 5.4% and 94.6% can be explained by other variables such as Total Asset Turnover and others
The Effect of Current Ratio and Debt to Equity Ratio on Stock Prices with Return on Equity as an Intervening Variable in Food and Beverage Companies Christia Christia; Eka Nurmala Sari; Enda Noviyanti Simorangkir; Galumbang Hutagalung
Journal of Social Science Vol. 2 No. 2 (2021): Journal of Social Science
Publisher : Syntax Corporation Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (368.182 KB) | DOI: 10.46799/jss.v2i2.107

Abstract

This study aims to test and analyze the effect of Current Ratio and Debt to Equity Ratio on stock prices with ROE as an intervening variable . This research is a quantitative research. The population of food and beverage companies is 23 companies using purposive sampling technique, so samples that meet the criteria for analysis are 13 companies. The data were analyzed using multiple linear regression analysis, the cc›efficient of determination, the F test, and the T test. The results showed that the Current Ratio had a positive and significant effect on ROE and stock prices. DER has a positive and significant effect on ROE but has a significant negative effect on stock prices and ROE has a positive and significant effect on stock prices. CR and DER have an indirect effect on stock prices through ROE.