Pengaruh Struktur Modal dan Profitabilitas terhadap Nilai Perusahaan yang Dimoderasi Ukuran Perusahaan

Authors

  • Meliza Meliza Fakultas Ekonomi dan Bisnis, Universitas Pekalongan, Indonesia
  • Sifa Urrohman Fakultas Ekonomi dan Bisnis, Universitas Pekalongan, Indonesia
  • Aria Mulyapradana Fakultas Desain Kreatif dan Bisnis Digital, ITSNU Pekalongan, Indonesia

DOI:

https://doi.org/10.31949/entrepreneur.v7i2.16051

Abstract

This study aims to explore the influence of capital structure and profitability on firm value, considering firm size as a moderating variable. Capital structure and profitability are considered important components in assessing financial performance and investment attractiveness. Firm size is assumed to have the potential to strengthen or weaken the relationship between these two main variables on firm value. This study used a sample of 25 companies from the consumer goods sector listed on the Indonesia Stock Exchange (IDX) from 2019 to 2023. The analysis was conducted using a multiple regression method using a fixed-effects (FE) approach to test the direct influence and moderating role of firm size. The results show that capital structure and profitability have a positive and significant influence on firm value. However, firm size was not proven to moderate the relationship between capital structure and profitability on firm value

Keywords:

debt to equity ratio, financial performance, price to book value, return on assets

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References

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Published

2026-07-24

How to Cite

Meliza, M., Urrohman, S., & Mulyapradana, A. (2026). Pengaruh Struktur Modal dan Profitabilitas terhadap Nilai Perusahaan yang Dimoderasi Ukuran Perusahaan . Entrepreneur: Jurnal Bisnis Manajemen Dan Kewirausahaan, 7(2), 15–23. https://doi.org/10.31949/entrepreneur.v7i2.16051

Issue

Vol. 7 No. 2 (2026): JULI

Section

Articles

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Copyright (c) 2026 Meliza Meliza, Sifa Urrohman, Aria Mulyapradana

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