The Effect of Profitability, Capital Structure and Investment Decisions on Firm Value with Leverage as an Intervening Variable in FnB Sector Companies Listed on the IDX
Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 06
Abstract
This study aims to determine and analyze the effect of profitability, capital structure and investment decisions on leverage and firm value in FnB Sector companies listed on the Indonesia Stock Exchange in 2017-2019. The population of this study are all FnB companies listed on the IDX in 2017-2019 with a total of 26 companies. The sample technique is purposive sampling with the criteria for the availability of company financial statements up to 2019 and positive profitability, obtained a sample of 13 companies. The data analysis technique used statistical description and path analysis. The results showed that there was no significant effect between profitability, capital structure, investment decisions and leverage on firm value. Profitability and investment decisions have a significant effect on leverage.
Authors and Affiliations
Aranta Prista Dilasari, Mesra Berlyn Hakim, Mu’ah, Masram, Nurul Qomariah
Keywords
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- EP ID EP708311
- DOI 10.47191/jefms/v5-i6-28
- Views 84
- Downloads 0
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