Open AccessLEVERAGE UKURAN PERUSAHAAN PERTUMBUHAN PENJUALAN TERHADAP NILAI PERUSAHAAN DENGAN PROFITABILITAS SEBAGAI VARIABEL MEDIASI
Author(s) -
Zalfa Yulimtinan,
Suci Atiningsih
Publication year - 2021
Publication title -
balance : jurnal akuntansi dan bisnis/balance : jurnal akuntansi dan bisnis
Language(s) - English
Resource type - Journals
eISSN - 2613-8956
pISSN - 2548-7523
DOI - 10.32502/jab.v6i1.3422
Subject(s) - leverage (statistics) , profitability index , stock exchange , business , nonprobability sampling , enterprise value , business administration , population , statistics , accounting , mathematics , finance , demography , sociology
The purpose of this study if determine the effect of leverage, firm size and sales growth on firm value with profitability as intervening variable. The population in this study are automotive sector and metals sector listed on the Indonesia Stock Exchange in the 2015-2019 period using a purposive sampling method, 27 companies were selected in the sample. Analysis of the data used is the analysis of Partial Least Square (PLS) which is assisted with smartPLS 3.0 software. Based on the result of testing the data shows that leverage, firm size and sales growth have a positive effect on profitability. But leverage, firm size and sales growth have not effect on firm value. Profitability has a positive effect on firm value. Profitability is able to mediate the effect of leverage, firm size and sales growth on firm value.