Faktor Yang Mempengaruhi Nilai Perusahaan Dengan Ukuran Perusahaan Sebagai Variabel Moderasi

Abstract

The purpose of this study is to obtain empirical evidence regarding the effect of financial performance and capital structure on firm value with firm size as a moderating variable in manufacturing companies listed on IDX 2017-2019. In this study using secondary data obtained from the site www.idx.co.id by using 66 companies as samples that have been selected using purposive sampling method. The data analysis technique was carried out by using descriptive statistics and hypothesis testing using the regression method using SPSS ver. 25 and Microsoft Excel 2019. The results of this study indicate that financial performance and capital structure have a positive and significant effect on firm value. Firm size can moderate the influence of financial performance on the firm value, while capital structure has no effect on firm value with firm size as a moderating variable. The implication of this study is the need to increase the execution of financial performance and capital structure in the company that will increase firm value in the long run.