The Effect of Liquidity, Leverage, and Profitability on Firm Value with Firm Size as Moderating Variable

DOI

10.2991/aebmr.k.220701.019How to use a DOI?

Keywords

Liquidity; Leverage; Profitability; Firm Value; Firm Size

Abstract

The purpose of this study was to determine the effect of liquidity, leverage, and profitability on firm value, with firm size as the moderating variable. This research used the descriptive verification method. The population in this study was the mining sector companies listed on the Indonesia Stock Exchange with a total of 77 companies, and 40 companies were obtained as samples with purposive sampling technique. The data used is sourced from the 2013-2018 financial statements. The analysis technique uses MRA analysis. The results showed that liquidity and profitability did not affect firm value. Leverage had a positive effect on the company. Furthermore, firm size did not moderate the liquidity and profitability of the company but moderates the effect of leverage on firm value. This shows that leverage is a positive signal that is responded to by investors so that it will increase the value of the company.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Leni Yuliyanti
AU  - Ikaputera Waspada
AU  - Maya Sari
AU  - Nugraha Nugraha
PY  - 2022
DA  - 2022/07/12
TI  - The Effect of Liquidity, Leverage, and Profitability on Firm Value with Firm Size as Moderating Variable
BT  - Proceedings of the 6th Global Conference on Business, Management, and Entrepreneurship (GCBME 2021)
PB  - Atlantis Press
SP  - 88
EP  - 92
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220701.019
DO  - 10.2991/aebmr.k.220701.019
ID  - Yuliyanti2022
ER  -