scholarly journals The Role of Profitability in Mediating the Effect of Capital Structure and Liquidity on Firm Value in Food and Beverage Sub-Sector in Indonesian Stock Exchange

2020 ◽  
Vol 7 (2) ◽  
pp. 80-91
Author(s):  
Putu Dyah Pradnya Paramitha
Keyword(s):  
Capital Structure ◽  
Firm Value ◽  
Sampling Method ◽  
Stock Exchange ◽  
Secondary Data ◽  
Liquidity Effect ◽  
Analysis Technique ◽  
Food And Beverage ◽  
The Capital Structure

This study aims to analyze the significance of the capital structure and liquidity effect on the profitability value, to analyze the significance of the capital structure, liquidity and profitability effect on firm value, and to analyze the role of profitability in mediating the capital structure and liquidity effect on firm value. The population in this study is food and beverage companies in Indonesia Stock Exchange. The sample was conducted by purposive sampling method and then the number of samples is 12 companies. The research data is secondary data obtained from the website of the Indonesia Stock Exchange and the Indonesia Capital Market Directory from 2013 until 2016. Data analysis is by path analysis technique with IBM SPSS Statistic Version 22. The results of this study showed that: (1) the capital structure negative, not significant impact on profitability. (2) the liquidity had negative significant impact on profitability. (3) the capital structure had negative significant impact on firm value. (4) the liquidity had a negative not significant impact on firm value. (5) the profitability had a positive and significant impact on firm value. (6) profitability is able to mediate the effect of capital structure on firm value significantly. (7) profitability is able to mediate the effect of liquidity on firm value significantly.

scholarly journals THE ROLE OF PROFITABILITY IN MEDICATING THE EFFECT OF THE CAPITAL STRUCTURE OF COMPANY VALUE IN IDX PERIOD 2013-2017

2018 ◽  
Vol 7 (9) ◽  
pp. 4831
Author(s):  
I Gusti Ayu Agung Bulan Windu Kirana ◽  
Ida Bagus Badjra
Keyword(s):  
Capital Structure ◽  
Firm Value ◽  
Sampling Method ◽  
Total Population ◽  
Stock Exchange ◽  
Corporate Value ◽  
Industry Sector ◽  
Company Value ◽  
The Capital Structure

The value of the company reflects the prosperity for the owners of the company and creates the welfare of shareholders. In order for investors to get a high score then need to note the factors that affect the value of the company. This research was conducted in Consumer Goods Industry sector in Indonesia Stock Exchange with total population of 26 companies. The number of samples taken as many as 12 companies with purposive sampling method. Technique Analysis of data used is path analysis. Based on the results of the analysis found that the capital structure has a positive and significant impact on corporate value, profitability has a positive and significant impact on firm value. This means that the capital structure plays an important role for the company in increasing profitability, so the addition of proportion of debt that can increase profitability can be used to obtain higher corporate value. Keywords: capital structure, profitability, firm value  

scholarly journals Pengaruh Profitabilitas, Likuiditas, Struktur Aktiva, Ukuran Perusahaan, dan Tax Avoidance Terhadap Struktur Modal

2021 ◽  
Vol 5 (1) ◽  
pp. 168
Author(s):  
Muhammad Efendi ◽  
Kartika Hendra Titisari ◽  
Suhendro Suhendro
Keyword(s):  
Capital Structure ◽  
Sampling Method ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Tax Avoidance ◽  
Secondary Data ◽  
Multiple Linear Regression Analysis ◽  
Company Size ◽  
Food And Beverage ◽  
Data Source

This study aims to determine the effect of profitability, liquidity, asset structure, company size, and tax avoidance on capital structure. The population in this study is the food and beverage sub-sector companies listed on the Indonesia Stock Exchange (BEI) 2016-2019. The sample was selected from the purposive sampling method and got a sample of 10 companies from several criteria. The data source is secondary data from the website www.idx.co.id. This research uses multiple linear regression analysis. The results of this research indicate that profitability affects the capital structure. Meanwhile, liquidity, asset structure, company size and tax avoidance have no effect on capital structure.

scholarly journals Analysis of Factors Affecting Capital Structures in Companies Listed in Indonesia Stock Exchange Period 2010-2014

2021 ◽  
Vol 9 (2) ◽  
pp. 135-142
Author(s):  
Eva Hardianti
Keyword(s):  
Capital Structure ◽  
Sampling Method ◽  
Stock Exchange ◽  
Sample Selection ◽  
Secondary Data ◽  
Coefficient Of Determination ◽  
Company Size ◽  
Sales Growth ◽  
Factors Affecting ◽  
The Capital Structure

This research aims to analyze the factors that affect the capital structure of companies listed on the Indonesia Stock Exchange in the period 2010-2014. The variables studied were profitability, sales growth, asset structure and company size. This research is a comparative causal study. The data used is secondary data obtained from the site www.idx.co.id.The population in this study are all companies listed on the Indonesia Stock Exchange in the period 2010-2014. The sample selection is done by using purposive sampling method, so that as much as 1089 observational data are obtained. Analysis of the data used is multiple regression analysis. The results of this study indicate that the variable profitability, asset structure and firm size significantly influence the capital structure. The magnitude of the coefficient of determination (Adjusted R Square) is equal to 0.104. This means that 10.4% of the dependent variable that is capital structure can be explained by four independent variables namely profitability, sales growth, asset structure and company size. While the remaining 89.6% is explained by variables or other causes outside the model.

scholarly journals Risiko Bisnis, Profitabilitas, dan Struktur Aktiva Sebagai Penentu Struktur Modal Perusahaan Makanan dan Minuman

2021 ◽  
Vol 31 (11) ◽  
pp. 2748
Author(s):  
Ni Wayan Meitriyani ◽  
Ni Gusti Putu Wirawati
Keyword(s):  
Capital Structure ◽  
Stock Exchange ◽  
Significant Positive Effect ◽  
Manufacturing Companies ◽  
Business Risk ◽  
Analysis Technique ◽  
Food And Beverage ◽  
Negative Effect ◽  
Positive Effect ◽  
The Capital Structure

The purpose of this study was to determine the effect of business risk, profitability, and asset structure on capital structure. This study takes samples from manufacturing companies listed on the Indonesia Stock Exchange for the 2015-2019 period. The sample used is purposive sampling. The analysis technique used is multiple linear regression. The results of business risk research have a significant positive effect on the capital structure of Food and Beverage Companies Listed on the IDX in 2015-2019 while profitability has a significant negative effect on the capital structure of Food and Beverage Companies Listed on the IDX, and asset structure has a significant positive effect on the capital structure in Food and Beverage Companies Listed on the Indonesia Stock Exchange in 2015-2019. Keywords : Food and Beverage; Business Risk; Profitability; Asset Structure.

PENGARUH STRUKTUR MODAL, UKURAN PERUSAHAAN, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN

2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Maria Kopa
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Firm Value ◽  
Stock Exchange ◽  
Secondary Data ◽  
Coefficient Of Determination ◽  
Manufacturing Companies ◽  
Financial Reports ◽  
Company Value ◽  
Food And Beverage

The company has a specific goal by increasing the prosperity of its owners and shareholders through increasing company value. This study aims to determine the effect of capital structure (DER), firm size (total assets) and profitability (ROA) on firm value (PBV). The object of this study is the food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange (BEI) 2015-2019. This study used a purposive sampling method with several specified criteria, and a sample size of 12 companies, and obtained for five years from the annual financial reports, so that a total of 60 company samples. The type of data used in this study is secondary data, where the data obtained from a ready-made form, has been collected and has been processed by other parties in the form of a sample of company annual financial statements. To determine the effect of independent variables on dependent variables, the analysis method used is descriptive statistical test, classical assumptions, multiple regression analysis, hypothesis testing, t test, f test, and analysis of the coefficient of determination using the SPSS program. The results of this study indicate that capital structure has a positive and significant effect on firm value, firm size has a positive and significant effect on firm value, and profitability has a positive and significant effect on firm value.

PENGARUH PROFITABILITAS, STRUKTUR AKTIVA, PERTUMBUHAN PENJUALAN DAN LIKUIDITAS TERHADAP STRUKTUR MODAL (Perusahaan Subsektor Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia Periode 2015-2019)

2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Mutiara Putri Astiana
Keyword(s):  
Regression Analysis ◽  
Capital Structure ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sales Growth ◽  
Analysis Technique ◽  
The Capital Structure

The researchhwas conducted to test whether there is anneffect of profitability (Return OnnAssets), asset structure, salesggrowth and liquidity (CurrentrRatio) on the capital structure (Debt tooEquity Ratio) in food anddbeverage sub-sector companiesslisted on theeIndonesia Stock Exchange (IDX) from 2015-2019. This type of research is descriptiveqquantitative with appopulation of 26ccompanies and the sample used is 10 companies usinggpurposiveesampling method and obsevations for 5 years so that 50 observationalddata are obtained. Secondary data were obtained from the officialwwebsite of the IndonesiasStock Exchange. The analysis technique uses multiple linier regression analysis with the SPSS 15 program. Based on the resultsoof theeanalysis, it can be concluded that profitability anddliquidity have a signicanteeffect on capital structure, while assetsstructure and salesggrowth has noosignificant effectoon capitalsstructure. Keywords: ROA. Asset structure, Sales growth. CR, DER

scholarly journals The Influence of Firm’s Size, Growth, and Profitability on Firm Value with Capital Structure as the Mediator: A Study on the Agricultural Firms Listed in the Indonesian Stock Exchange

2017 ◽  
Vol 9 (8) ◽  
pp. 103 ◽  
Author(s):  
Purwohandoko
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Firm Value ◽  
Firm Growth ◽  
Sampling Method ◽  
Stock Exchange ◽  
Corporate Value ◽  
Purposive Sampling ◽  
Size Growth ◽  
The Capital Structure

This study aims to examine the effect of size, growth, and profitability on corporate value with capital structure as a mediator.This study was conducted on agricultural companies listed on the Indonesia Stock Exchange from 2011 to 2014. The population of this study is an agricultural company listed on the Indonesia Stock Exchange period 2011-2014 with a sample of 14 companies, using purposive sampling method. Data were analyzed using smartpal, because this research adds capital structure as mediator variable.The results of this study indicate that firm size and firm growth have no effect on capital structure. Profitability negatively affects the capital structure.

scholarly journals Analisis Nilai Perusahaan Property Dan Real Estate Bursa Efek Indonesia

2021 ◽  
Vol 14 (2) ◽  
pp. 30-39
Author(s):  
LItausiil Rizqi ◽  
Muhadjir Anwar
Keyword(s):  
Real Estate ◽  
Capital Structure ◽  
Firm Value ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Total Sample ◽  
Sampling Techniques ◽  
Analysis Technique ◽  
Positive Effect

The firm value can be interpreted as a measure of the success of the firm’s performance in increasing the prosperity of shareholders. The purpose of this study to determine the effect of profitability and capital structure on the firm value and the role of the capital structure as an mediating variable in property and real estate companies listed on the Indonesia Stock Exchange period 2017-2019. The sampling techniques in this study using purposive sampling technique with total sample of 44 companies. The analysis technique used is path analysis. This study finds the results that profitability has a significant positive effect on firm value, profitability has a significant positive on capital structure, capital structure has a non significant effect on firm value, and capital structure is not able to mediate the effect of profitability on firm value of property and real estate.

scholarly journals THE EFFECT OF INTERNAL FACTORS ON CAPITAL STRUCTURE AND ITS IMPACT ON FIRM VALUE: EMPIRICAL EVIDENCE FROM THE FOOD AND BAVERAGES INDUSTRY LISTED ON INDONESIAN STOCK EXCHANGE 2013-2017

2020 ◽  
Vol 6 (7) ◽  
pp. 173-191
Author(s):  
M.Noor Salim ◽  
Rina Susilowati
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Firm Value ◽  
Sampling Method ◽  
Stock Exchange ◽  
Secondary Data ◽  
Manufacturing Companies ◽  
Negative Effect ◽  
The Impact ◽  
Positive Effect

This research aims to analyze the effects of profitability (ROA), liquidity (CR), assets growth, and firm size towards capital structure (DER) and the impact on firm value (PBV).This research uses secondary data from yearly financial statement of food and baverages companies listed in Indonesian Stock Exchange for period 2013-2017. The research design uses descriptive quantitative research and causality. Sampling method uses purposive sampling method, with some predetermined criteria, the number of sample is 17 manufacturing companies. The analysis technique used is panel data regression. The research results shows that the profitability (ROA) and firm size partially have negative effect and not significant on capital structure (DER). The liquidity (CR) and assets growth partially have negative effect and significantly on capital structure (DER). Then the capital structure (DER) partially have positive effect but not significantly influences the firm value (PBV). The profitability (ROA) partially have positive effect and significant on firm value (PBV). The liquidity (CR) and assets growth partially have negative and significant effect on firm value (PBV), and firm size partially have negative and not significant effect on firm value (PBV). Simultaneously profitability (ROA), liquidity (CR), assets growth and firm size effect on capital structure (DER). On the other side, simultaneously profitability (ROA), liquidity (CR), assets growth and firm size have effect on firm value (PBV).

scholarly journals PENGARUH UKURAN PERUSAHAAN DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN DENGAN DEWAN KOMISARIS INDEPENDEN SEBAGAI VARIABEL MODERASI

2020 ◽  
Vol 7 (2) ◽  
Author(s):  
Karolina Yunita Dir ◽  
Abdul Halim ◽  
Rita Indah Mustikowati
Keyword(s):  
Regression Analysis ◽  
Capital Structure ◽  
Firm Value ◽  
Sampling Method ◽  
Stock Exchange ◽  
T Test ◽  
Company Size ◽  
Company Value ◽  
Independent Variable ◽  
The Capital Structure

This study aims to explain and test how the influence of company size and capital structure on firm value with an independent board of commissioners as a moderating variable in banking companies listed on the Indonesia Stock Exchange in the period 2016-2017. This type of research is explanatory research, namely by using classical assumptions, using moderated regression analysis, and using the t test. The number of samples is 39 companies, and the sampling method is using purposive judgment sampling. The variables in this study consisted of company size and capital structure as an independent variable, company value as the dependent variable and the independent board of commissioners as moderation. The result of the analysis is that partially the size of the company affects the value of the company, the capital structure influences the value of the company, the independent board of commissioners strengthens the influence of the size of the company on the value of the company and the independent board of commissioners strengthens the effect of the capital structure on the value of the company.

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