The role of profitability in moderating the effect of leverage, liquidity, and firm size on firm value

This study aims to analyze the effect of leverage, liquidity, and firm size on firm value with profitability as a moderating variable in transportation and logistics sector companies listed on the Indonesia Stock Exchange (IDX). The population in this study were 37 transportation and logistics sector companies listed on the IDX for the period 2020-2023. The sampling technique used certain criteria (purposive sampling), 22 companies were obtained as research samples. The data analysis method used is multiple regression analysis and Moderated Regression Analysis (MRA). The results of this study indicate that partially leverage and liquidity have a significant positive effect on firm value, while firm size has a significant negative effect on firm value. In this study, profitability is unable to moderate the effect of leverage and liquidity on firm value, but profitability is able to moderate the effect of firm size on firm value.

Institutions

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-08-30
DOI
https://doi.org/10.5281/zenodo.14850243
Primary Topic
Corporate Governance and Financial Management
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

The role of profitability in moderating the effect of leverage, liquidity, and firm size on firm value

Zenodo (CERN European Organization for Nuclear Research)
Corporate Governance and Financial Management
article

The role of profitability in moderating the effect of leverage, liquidity, and firm size on firm value

article en

Abstract

This study aims to analyze the effect of leverage, liquidity, and firm size on firm value with profitability as a moderating variable in transportation and logistics sector companies listed on the Indonesia Stock Exchange (IDX). The population in this study were 37 transportation and logistics sector companies listed on the IDX for the period 2020-2023. The sampling technique used certain criteria (purposive sampling), 22 companies were obtained as research samples. The data analysis method used is multiple regression analysis and Moderated Regression Analysis (MRA). The results of this study indicate that partially leverage and liquidity have a significant positive effect on firm value, while firm size has a significant negative effect on firm value. In this study, profitability is unable to moderate the effect of leverage and liquidity on firm value, but profitability is able to moderate the effect of firm size on firm value.

Zenodo (CERN European Organization for Nuclear Research)
University of Pembangunan Nasional Veteran Jawa Timur (ID)
Openalex Percentile: Top 41%
Corporate Governance and Financial Management
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

The role of profitability in moderating the effect of leverage, liquidity, and firm size on firm value · Zenodo (CERN European Organization for Nuclear Research) (2024) | TGRS Research Map | TGRS