Analisis Kinerja Keuangan Sebagai Penentu Nilai Perusahaan Dengan Size Sebagai Variabel Mediasi

Authors

  • Nekky Rahmiyati FEB Universitas 17 Agustus 1945, Surabaya, Indonesia
  • Alfan Bachtiar Institut Bisnis dan Informatika Kosgoro 1957, Jakarta, Indonesia
  • Rosmegawati Rosmegawati Manajemen, FE Universitas Borobudur, Jakarta, Indonesia
  • Aji Priambodo Institut Teknologi dan Bisnis Muhammadiyah Purbalingga, Indonesia
  • Obing Zaid Sobir Institut Bisnis dan Informatika Kosgoro 1957, Jakarta, Indonesia

DOI:

https://doi.org/10.29040/jie.v7i2.9087

Abstract

This study aims to analyze financial performance as a determinant of firm value with size as a mediating variable. The research used is pharmaceutical companies listed on the Indonesia Stock Exchange for the period 2018 – 2022. Using samples from 7 pharmaceutical companies. The test analysis used is the SmartPLS 3.0 program. Based on the results of the study, the solvency ratio as a proxy for financial performance has no significant effect on firm value, capital structure and financial performance have a significant positive effect on firm value, and size has no significant effect mediating financial performance on firm value. The limitation in this study is to use financial reports sourced from the Indonesian Stock Exchange (IDX) for the pharmaceutical sector starting from 2018-2022 and having financial reports for 5 consecutive years. The implications of this research are expected to provide information for investors on matters that can affect company value, especially the pharmaceutical industry sector Keywords: Financial performance; The value of the company; size; Pharmacy; Indonesia stock exchange

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Published

2023-08-08

How to Cite

Rahmiyati, N., Bachtiar, A., Rosmegawati, R., Priambodo, A., & Sobir, O. Z. (2023). Analisis Kinerja Keuangan Sebagai Penentu Nilai Perusahaan Dengan Size Sebagai Variabel Mediasi. JURNAL ILMIAH EDUNOMIKA, 7(2). https://doi.org/10.29040/jie.v7i2.9087

Issue

Vol. 7 No. 2 (2023): EDUNOMIKA

Section

Articles

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