Jurnal Inovasi Bisnis (Inovbiz)
Vol 7, No 1 (2019)

FIRM VALUE, CAPITAL STRUCTURE, PROFITABILITY, FIRM CHARACTERISTIC AND DISPOSIBLE INCOME AS MODERATOR: AN EMPIRICAL INVESTIGATION OF RETAIL FIRMS IN INDONESIA

Mamay Komarudin (Universitas Bina Bangsa)
Naufal Affandi (Universitas Bina Bangsa)



Article Info

Publish Date
28 Jun 2019

Abstract

This study examined the effect of capital structure on firm value; firm characteristic on firm value with disposible income as moderator variable; the effect of profitability on firm value. The study was conducted in Indonesia Stock Exchange (IDX) with samples of retail  firms listed on the IDX in 2014 to 2016  as many as 21 retail  firms. The analysis methode used Moderated Regression Analysis (MRA), classical assumption test and t test. The results showed that the capital structure didn’t have a significant negative effect on firm value. Profitability had a significant positif effect on firm value. Firm characteristic didn’t have a significant negative effect on firm value with disposible income as a moderator. The conclusion of research indicated that capital structure and profitability had a significant effect  on firm value while firm characteristic with disposible income as moderator didn’t have significant effect on firm value

Copyrights © 2019






Journal Info

Abbrev

IBP

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Inovasi Bisnis (Inovbiz) focuses on how we gain knowledge through innovation and how knowledge encourages the innovation both in economics and business. It is provided for writer, researcher, professor, and practitioner who want to publish their research reports or articles, theoritical or ...