Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2022)

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Capital Structure on Company Value with Profitability as a Mediation Variable in Consumer Goods Sector Companies Listed on the Indonesia Stock Exchange

Authors
Edtri Sintiara1, *, Rosyeni Rasyid1
1Universitas Negeri Padang, Padang, Indonesia
*Corresponding author. Email: edtri.sintiara@gmail.com
Corresponding Author
Edtri Sintiara
Available Online 16 September 2025.
DOI
10.2991/978-94-6463-839-4_69How to use a DOI?
Keywords
capital structure; profitability; and company value
Abstract

This study sets out to analyze how different capital structures affect the value of consumer goods companies listed on the Indonesia Stock Exchange, with profitability serving as a moderator. Companies producing consumer goods and trading on the Indonesia Stock Exchange are included in the population. We utilized a sampling strategy designed to get us the data we required. 175 samples were collected from 35 different companies over the course of 5 years. Path analysis is utilized for this data analysis technique. The results showed that the capital structure (LTDER) has a positive and statistically significant impact on the value of a company. Companies are worth more if they are profitable. Capital structure has a notable and favorable effect on investment return (DAR). Company value is affected by the structural capital variable (DAR) through the medium of profitability.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
16 September 2025
ISBN
978-94-6463-839-4
ISSN
2352-5428
DOI
10.2991/978-94-6463-839-4_69How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Edtri Sintiara
AU  - Rosyeni Rasyid
PY  - 2025
DA  - 2025/09/16
TI  - Capital Structure on Company Value with Profitability as a Mediation Variable in Consumer Goods Sector Companies Listed on the Indonesia Stock Exchange
BT  - Proceedings of the 10th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2022)
PB  - Atlantis Press
SP  - 823
EP  - 842
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-839-4_69
DO  - 10.2991/978-94-6463-839-4_69
ID  - Sintiara2025
ER  -