Authors :
Kusuma Wijayant; Wahyu Budiyanto; Rizkyningtyas; Muhammad Arif
Volume/Issue :
Volume 7 - 2022, Issue 9 - September
Google Scholar :
https://bit.ly/3IIfn9N
Scribd :
https://bit.ly/3zsN4tU
DOI :
https://doi.org/10.5281/zenodo.7264286
Abstract :
The purpose of this study is to explain the
effect of Profitability, Capital Structure, and
Implementation of Good Corporate Governance on Firm
Value. The population of this study are manufacturing
companies listed on the Indonesia Stock Exchange for
the 2016-2020 period. The sampling technique used is
purposive sampling. This study uses a moderate
regression analysis (MRA) approach.
Based on the test results, this study proves that
profitability, capital structure affect the value of the
company. This study also proves that managerial
ownership is a quasi-moderation when it is included in
the relationship between capital structure and firm value
and managerial ownership is a predictor when it comes
to the relationship between profitability and firm value
Keywords :
Profitability, Capital Structure, GCG, Firm Value.
The purpose of this study is to explain the
effect of Profitability, Capital Structure, and
Implementation of Good Corporate Governance on Firm
Value. The population of this study are manufacturing
companies listed on the Indonesia Stock Exchange for
the 2016-2020 period. The sampling technique used is
purposive sampling. This study uses a moderate
regression analysis (MRA) approach.
Based on the test results, this study proves that
profitability, capital structure affect the value of the
company. This study also proves that managerial
ownership is a quasi-moderation when it is included in
the relationship between capital structure and firm value
and managerial ownership is a predictor when it comes
to the relationship between profitability and firm value
Keywords :
Profitability, Capital Structure, GCG, Firm Value.