PENGARUH STRUKTUR MODAL, LIKUIDITAS, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN FIRM SIZE SEBAGAI VARIABEL MODERASI (STUDI EMPIRIS PADA PERUSAHAAN MARITIM YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2015-2019)

Abstrak

The purpose of this study was to determine the effect of capital structure, liquidity, and profitability on firm value with firm size as a moderating variable in maritime companies listed on the Indonesia Stock Exchange in 2015-2019. The sampling method of this research ispurposive sampling and obtained as many as 8 samples that meet the criteria of 25 companies that become observation data. The analytical technique used in this research is Moderated Regression Analysis. The results of the study indicate that the capital structure has a significant effect on firm value. Liquidity, profitability, andfirm size have no significant effect on firm value. Firm size significantly weakens the effect of capital structure on firm value. Firm size does not significantly strengthen the effect of liquidity on firm value and firm size does not significantly weaken the effect of profitability on firm value.