ARTICLE
TITLE

The EFFECT OF LEVERAGE AND COMPANY SIZE ON COMPANY VALUE WITH PROFITABILITY AS INTERVENING VARIABLES IN BASIC AND CHEMICAL INDUSTRIAL COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE FOR THE 2016-2019 PERIOD

SUMMARY

Firm value can be influenced by various factors, namely leverage, firm size and profitability. In addition, profitability in this study acts as a variable that mediates leverage and firm size on firm value. The purpose of this study was to determine the effect of leverage and firm size on firm value with profitability as an intervening variable. The unit of analysis is the basic and chemical industry companies listed on the IDX 2016-2019. The research method used is non-participant observation method. The research population is 60 companies. The sample is 31 companies with a total of 124 sample data with purposive sampling as a sampling technique. Data analysis using path analysis and using SPSS 25 application. Based on the results of the study, it was obtained that leverage, firm size, profitability had a significant positive effect on firm value. Leverage has a significant negative effect on profitability. Firm size has a significant positive effect on profitability. Profitability is able to mediate the relationship between leverage and firm value, but profitability is not able to mediate the relationship between firm size and firm value.

 Articles related

Andika Suparjan,Ali Sandy Mulya    

Changes in the level of public awareness regarding the development of business in Indonesia, creating a new awareness of the importance of implementing Corporate Social Responsibility (CSR). CSR implies that, every the company has a moral duty ... see more


Dhea Zatira, Ari Nuratriningrum, Andy Andy, Sutandi Sutandi    

This study aims to examine the effect of Company Performance on Share Prices in the Sub-Construction Sector Companies listed on the Indonesia Stock Exchange in the 2015-2018 Period. Company Performance Measurement uses the ratio of Earning Per Share (EPS... see more


Charles Andrews    

Historians of the future will no doubt focus on the transformative role of Internet-based communications as they have changed human interaction in the late twentieth and early twenty-first centuries.  The introduction of modern postal services in Ja... see more


Paloma Fernández Pérez    

Laboratorios Andrómaco was a Spanish pharmaceutical company that opened a commercial subsidiary in the United States in the early months of 1929. It was located right in the heart of Manhattan, at 11 West 47th Street, in front of the New York Public Libr... see more


Cahyanti Hana Pratiwi    

In trading companies, inventory is a valuable resource because it becomes a larger asset than the current assets. Therefore, the main income of the company comes from the sale of goods from inventory. Therefore, accounting management for inventory is imp... see more