The Effect of Capital Structure, Profitability on Firm Value with Interest Rates as Moderating Variable

DOI

10.2991/aebmr.k.220501.065How to use a DOI?

Keywords

Capital Structure; Profitability; Firm Value; Interest Rates

Abstract

This study aimed to determine whether capital structure and profitability have an influence on firm value with interest rates as a moderating variable in manufacturing companies listed on the Indonesia Stock Exchange. Samples were taken by purposive sampling method and had several predetermined criteria. The number of samples that were successfully taken were 53 manufacturing companies during the 2017-2020 period. The data is processed using multiple regression analysis and E-views 12 software. Based on the results of the research that has been done, it is found that capital structure has no effect on firm value, while return to assets and net profit margin have a significant effect on firm value. The moderating variable of interest rates cannot moderate the relationship between capital structure, return on assets and net profit margin on firm value.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Rini Tri Hastuti
AU  - Veronica Carolina
PY  - 2022
DA  - 2022/05/11
TI  - The Effect of Capital Structure, Profitability on Firm Value with Interest Rates as Moderating Variable
BT  - Proceedings of the tenth International Conference on Entrepreneurship and Business Management 2021 (ICEBM 2021)
PB  - Atlantis Press
SP  - 429
EP  - 434
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220501.065
DO  - 10.2991/aebmr.k.220501.065
ID  - Hastuti2022
ER  -