The Influence Of Company Growth and Size On Value Company With Profitability As a Moderation variable
DOI:
https://doi.org/10.63088/4zs5sj75Keywords:
Company Growth, Company Size, Company Value, ProfitabilityAbstract
Purpose: Looking at automotive companies listed on the Indonesia Stock Exchange (BEI) from 2019 to 2023, this study aims to determine how firm value is affected by size and growth, with profitability serving as a moderating element.
Methods: The method used in this research is a quantitative method. The population in this study was 19 companies listed on the Indonesian Stock Exchange during the research period. This research used a purposive sampling technique to select samples and obtained 12 companies. The analytical method used in this research is panel data regression analysis and moderated regression analysis (MRA) using eviews version 13 software.
Results: The research results show that profitability can moderate company growth on company value, while profitability cannot moderate company size on company value. Additionally, company growth and company size have a positive effect on company value.
Conclusions: Profitability may mitigate the impact of business expansion on firm value, according to the study's findings, but profitability is unable to do the same for company size. In part, the value of a firm rises in tandem with its size and rate of expansion. Profitability at a high level suggests that the firm is expanding both in terms of size and the capacity to sustainably create profits from that expansion. This, in turn, inspires confidence among investors, who will go on to boost the company's value.
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Copyright (c) 2025 Linda Dwi P., Eni Suharti, Aulia Aulia (Author)
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