Pengaruh Kepemilikan Manajerial Dan Profitabilitas Terhadap Nilai Perusahaan Dan Ukuran Perusahaan Sebagai Variabel Moderasi

Abstract

This research aims to find out and analyze the impact of profitability and managerial ownership on firm value with company size as moderating variabel on manufactur industry listed based on Indonesia Stock Exchange during 2017-2019. Sample was selected with purposive sampling method with total sample of 72 manufacturing companies. Data gathered and sorted by using Excel program 2016 and data selected were processed using moderating regression analysis by using Eviews 10 program. Final result indicates from this research that profitability proxied by return on assets ratio has positive significant influence towards firm value, managerial ownership proxied by managerial ownership ratio positively does not have significant influence towards firm value, and company size proxied by size ratio positively does not have significant influence towards firm value. Result from moderating regression analysis has shown that company size have negative significant influnce on moderating the effect of profitability on firm value when the result also shows that company has negative but insignificant influence to moderate the effect of managerial ownership.