Asian Management and Business Review
Volume 2 Issue 1, 2022

Determinants of firm value with profitability as intervening variables

Ratih Hapsari Handayani (Master of Management, Faculty of Economics, Universitas Semarang, Semarang, Indonesia)
Indarto Indarto (Master of Management, Faculty of Economics, Universitas Semarang, Semarang, Indonesia)
Aprih Santoso (Master of Management, Faculty of Economics, Universitas Semarang, Semarang, Indonesia)



Article Info

Publish Date
08 Mar 2022

Abstract

The research objective is to analyze the factors affecting profitability and their impact on firm value of manufacturing companies on the IDX for the 2017-2019 period. Data collection is done by reading secondary data, with the number of companies that match the characteristics of 27 companies, so that the number of samples becomes 81. The analysis method uses SEM-PLS. The research results are asset structure and profitability influence to firm value, while leverage, capital structure, firm size, liquidity, and firm growth have no effect on firm value. The capital structure has an influence to profitability, but leverage, asset structure, firm size, liquidity, and company growth are not having significant results and profitability is not an intervening variable.

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Journal Info

Abbrev

AMBR

Publisher

Subject

Decision Sciences, Operations Research & Management Social Sciences

Description

Asian Management and Business Review (AMBR) is a peer-review journal published twice a year (February and August) by Master of Management, Department of Management, Faculty of Business and Economics, Universitas Islam Indonesia. AMBR addresses the broad area of management applied and its practices ...