The role of stock prices in moderating the influence of profitability, solvency, and firm size to firm value in consumer goods industry sector companies listed on the Indonesia stock exchange (IDX) 2015-2020 period

Arisanty, Rida Aulia Novi and Riyanto, Feri Dwi (2022) The role of stock prices in moderating the influence of profitability, solvency, and firm size to firm value in consumer goods industry sector companies listed on the Indonesia stock exchange (IDX) 2015-2020 period. Jurnal Ekbis : Analisis, Prediksi dan Informasi, 23 (2). pp. 294-307. ISSN E-ISSN: 2821-4210, P-ISSN: 1979-746X

Preview

Text 16294.pdf - Published Version Available under License Creative Commons Attribution Non-commercial Share Alike. Download (369kB) | Preview

Abstract

This study aims to analyze the effect of profitability, solvency, and firm size on firm value with stock price as a moderating variable. This research was conducted on consumer goods industrial sector companies listed on the Indonesia Stock Exchange (IDX) in 2015-2020. The number of samples in this study was determined by purposive sampling method so that the number of samples that met the criteria were 26 companies. The type of data used is secondary data obtained through www.idx.co.id. The data analysis method used is Panel Data Regression with the Moderated Regression Analysis (MRA) test using the Eviews 10 software application. The results show that profitability has a\ positive and significant effect on firm value, solvency has a positive and significant effect on firm value, and firm size has negative and significant effect on firm value, stock prices are able to moderate the relationship between profitability, solvency, and firm size on firm value.

Item Type:	Journal Article
Keywords:	profitability; solvency; firm size; firm value; stock price
Subjects:	14 ECONOMICS > 1401 Economic Theory > 140102 Macroeconomic Theory 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment > 150201 Finance 14 ECONOMICS > 1401 Economic Theory
Divisions:	Faculty of Economics > Department of Management
Depositing User:	Feri Dwi Riyanto
Date Deposited:	14 Nov 2023 08:18

Downloads

Origin of downloads

Actions (login required)

View Item