Leverage dan growth opportunity mempengaruhi nilai perusahaan melalui profitabilitas
Companys value is a reflectiond or good name of company. The company value means a lot to investors and potential investors. This researcsh aims to examined the effect of leverage and growth opportunityd on corporate value through profitability. In this studys, the populations of consumer goods comp...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universitas Kanjuruhan Malang
2020-08-01
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| Series: | Jurnal Ekonomi Modernisasi |
| Subjects: | |
| Online Access: | http://ejournal.unikama.ac.id/index.php/JEKO/article/view/4513 |
| _version_ | 1819025705254518784 |
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| author | Supami Wahyu Setiyowati Jamal Abdul Naser Rini Astuti |
| author_facet | Supami Wahyu Setiyowati Jamal Abdul Naser Rini Astuti |
| author_sort | Supami Wahyu Setiyowati |
| collection | DOAJ |
| description | Companys value is a reflectiond or good name of company. The company value means a lot to investors and potential investors. This researcsh aims to examined the effect of leverage and growth opportunityd on corporate value through profitability. In this studys, the populations of consumer goods companies listesd on the Indonesia Stock Exchange in the 2015-2017 period is used. This study used 15 companies as samples. Data processing techniques using path analysis. The results of the leverage study have a negative effect on profitability. A high amount of debt reduces profits. Growth opportunity affects profitability. Increase in assets increases profits. leverge has a negative effect on firm value. A high amount of debt reduces the value of the company. Growth opportunity has a positive effect on firm value. An increase in assets or sales increases the value of the company. Profitability has an effect on firm value. Profits increase firm value. The effect of leverage on firm value with profitability as an intervening variable is not proven. Profitability indirectly has no effect on the relationship between leverage and firm value. The effect of growth opportunity on firm value with profitability as an intervening is proven. Indirectly, profitability affects the relationshipd of growth opportunitsy and firm value. Companies must have right strategy in terms of using funds from outside the company to increase company value. |
| first_indexed | 2024-12-21T05:14:55Z |
| format | Article |
| id | doaj.art-aaeec1faffb8415fb602feedb2c10159 |
| institution | Directory Open Access Journal |
| issn | 0216-373X 2502-4078 |
| language | English |
| last_indexed | 2024-12-21T05:14:55Z |
| publishDate | 2020-08-01 |
| publisher | Universitas Kanjuruhan Malang |
| record_format | Article |
| series | Jurnal Ekonomi Modernisasi |
| spelling | doaj.art-aaeec1faffb8415fb602feedb2c101592022-12-21T19:14:57ZengUniversitas Kanjuruhan MalangJurnal Ekonomi Modernisasi0216-373X2502-40782020-08-01161314010.21067/jem.v16i1.45134513Leverage dan growth opportunity mempengaruhi nilai perusahaan melalui profitabilitasSupami Wahyu Setiyowati0Jamal Abdul Naser1Rini Astuti2Universitas Gajayana Malang, IndonesiaUniversitas Gajayana Malang, IndonesiaUniversitas Gajayana Malang, IndonesiaCompanys value is a reflectiond or good name of company. The company value means a lot to investors and potential investors. This researcsh aims to examined the effect of leverage and growth opportunityd on corporate value through profitability. In this studys, the populations of consumer goods companies listesd on the Indonesia Stock Exchange in the 2015-2017 period is used. This study used 15 companies as samples. Data processing techniques using path analysis. The results of the leverage study have a negative effect on profitability. A high amount of debt reduces profits. Growth opportunity affects profitability. Increase in assets increases profits. leverge has a negative effect on firm value. A high amount of debt reduces the value of the company. Growth opportunity has a positive effect on firm value. An increase in assets or sales increases the value of the company. Profitability has an effect on firm value. Profits increase firm value. The effect of leverage on firm value with profitability as an intervening variable is not proven. Profitability indirectly has no effect on the relationship between leverage and firm value. The effect of growth opportunity on firm value with profitability as an intervening is proven. Indirectly, profitability affects the relationshipd of growth opportunitsy and firm value. Companies must have right strategy in terms of using funds from outside the company to increase company value.http://ejournal.unikama.ac.id/index.php/JEKO/article/view/4513leveragegrowth opportunitycompany valueprofitability |
| spellingShingle | Supami Wahyu Setiyowati Jamal Abdul Naser Rini Astuti Leverage dan growth opportunity mempengaruhi nilai perusahaan melalui profitabilitas Jurnal Ekonomi Modernisasi leverage growth opportunity company value profitability |
| title | Leverage dan growth opportunity mempengaruhi nilai perusahaan melalui profitabilitas |
| title_full | Leverage dan growth opportunity mempengaruhi nilai perusahaan melalui profitabilitas |
| title_fullStr | Leverage dan growth opportunity mempengaruhi nilai perusahaan melalui profitabilitas |
| title_full_unstemmed | Leverage dan growth opportunity mempengaruhi nilai perusahaan melalui profitabilitas |
| title_short | Leverage dan growth opportunity mempengaruhi nilai perusahaan melalui profitabilitas |
| title_sort | leverage dan growth opportunity mempengaruhi nilai perusahaan melalui profitabilitas |
| topic | leverage growth opportunity company value profitability |
| url | http://ejournal.unikama.ac.id/index.php/JEKO/article/view/4513 |
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