Financial Performance of Manufacturing Companies

Randy  Chaidir; Herman

doi:10.55927/ijbae.v3i1.7900

Authors

Randy Chaidir Sekolah Tinggi Ilmu Ekonomi Balikpapan
Herman Sekolah Tinggi Ilmu Ekonomi Balikpapan

DOI:

https://doi.org/10.55927/ijbae.v3i1.7900

Keywords:

Debt value, Profitability, Company Value

Abstract

The purpose of this research is to identify the effect of debt policy and profitability on company value. This study uses secondary data acquired from manufacturing companies listed on the Indonesia Stock Exchange in the period of 2018-2022. Using purposive sampling, 195 companies meeting the predetermined criteria were selected as the sample. The results of the Moderated Regression Analysis have led to the following findings. Debt policy and profitability positively affect firm value.

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