This study empirically examines the effect of capital structure, company growth, and profitability on firm value with inflation as a moderating variable in issuers in 2012-2015. The sample of this study was 245 issuers. The research method uses the Generalized Method of Moments (GMM) method. The result of this study is indicated that partially positive and significant effect on firm value (PBV) is the capital structure variable (DAR) and profitability (ROA), while company growth (growth) partially has a negative and no significant effect on firm value. Therefore, inflation moderates the effect of the relationship of profitability on firm value. The result of Simultaneous test showed that there is a significant effect of capital structure, company growth, profitability, and inflation simultaneously on firm value. This is indicated by the result of R-squared 19.3141% which indicated that variations in company value can be explained by variable capital structure, company growth, profitability and inflation of 19.3141% and the remaining 80.6859% explained by other factors.
Published by | Universitas Tarumanagara |
Journal Name | Jurnal Akuntansi |
Contact Phone | +625655508-9 |
Contact Name | https://ecojoin.org/index.php/EJA |
Contact Email | submisipaper@fe.untar.ac.id |
Location | Kota adm. jakarta barat, Dki jakarta INDONESIA |
Website | EJA| https://ecojoin.org/index.php/EJA| |
ISSN | ISSN : 14103591, EISSN : 25498800, DOI : 10.24912, |
Core Subject | Economy, |
Meta Subject | Economics, Econometrics & Finance, |
Meta Desc | Jurnal Akuntansi [p-ISSN 1410-3591 | e-ISSN 2549-8800] is a peer-reviewed journal published three times a year (January, May, and September) by Faculty of Economics, Universitas Tarumanagara. Jurnal Akuntansi is intended to be the journal for publishing articles reporting the results of research on accounting. Jurnal Akuntansi invites manuscripts in the various topics include, but not limited to, functional areas of International and financial accounting; Management and cost accounting; Tax; Auditing; Accounting information systems; Accounting education; Environmental and social accounting; Accounting for non-profit organisations; Public sector accounting; Corporate governance: accounting/finance; Ethical issues in accounting and financial reporting; Corporate finance; Investments, derivatives; Banking; Capital markets in emerging economies |
Penulis | Michael, Herman Ruslim, |
Publisher Article | Fakultas Ekonomi dan Bisnis Universitas Tarumanagara |
Subtitle Article | Jurnal Akuntansi Vol 23, No 1 (2019): January 2019 |
Scholar Google | http://scholar.google.com/scholar?q=%2Bintitle%3A&… |
View Article | https://ecojoin.org/index.php/… |
DOI | https://doi.org/10.24912/ja.v23i1.4… |
DOI Number | DOI: 10.24912/ja.v23i1.458 |
Download Article [1] | https://ecojoin.org/index.php/EJA/articl… |
Download Article [2] | http://download.garuda.ristekdikti.go.id… |
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