Journal of Management and Digital Business
Vol. 3 No. 1 (2023): Journal of Management and Digital Business

Ukuran perusahaan dan leverage terhadap nilai perusahaan di Bursa Efek Indonesia: Return on equity sebagai variabel moderasi

Nur Amalina (Fakultas Bisnis dan Ekonomi, University ‘Aisyiyah Surkarta)
Kharisma Aulia Insani (Fakultas Bisnis dan Ekonomi, University ‘Aisyiyah Surkarta)

Article Info

Publish Date
30 Apr 2023

Abstract

This study examines the effect of firm size and leverage on firm value, with return on equity as a moderating variable. The data used in this study is secondary data from the financial reports of companies listed on the Indonesian Stock Exchange for 2015–2019, using purposive sampling. The analytical method used in this study is moderate regression analysis (MRA). The study results show that firm size, debt-to-equity ratio, and return on equity simultaneously affect firm value. Partially, firm size and the debt-to-equity ratio do not affect firm value. Return on equity has a partial effect on firm value. Return on equity can interact between firm size and firm value but cannot interact between debt-to-equity ratio and firm value. R square in this study is 39.7%, which shows that company size, debt-to-equity ratio, and return on equity contribute 39.7% to firm value.

Copyrights © 2023




Citation Download
RIS
EndNote, Reference Manager, ProCite
BibTex
Latex, Jabref
Original Source
Download Original
Google Scholar
Check in Google Scholar
Journal Info
Journal of Management and Digital Business
Website

Abbrev

jmdb

Publisher

Nur Science Institute

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Journal of Management and Digital Business [2797-9555]contains articles based on conceptual studies and research results in the field of management and business, including organizational behavior, leadership, human resources management, innovation, it, operations and supply chain management, ...