标题:THE ROLE OF PROFITABILITY IN MEDIATING THE EFFECT OF LEVERAGE, CORPORATE SIZE, AND GOOD CORPORATE GOVERNANCE ON COMPANY VALUES IN MANUFACTURING COMPANIES OF INDONESIA STOCK EXCHANGE
期刊名称:Russian Journal of Agricultural and Socio-Economic Sciences
印刷版ISSN:2226-1184
电子版ISSN:2226-1184
出版年度:2019
卷号:89
期号:5
页码:157-168
DOI:10.18551/rjoas.2019-05.19
语种:English
出版社:Russian Journal of Agricultural and Socio-Economic Sciences
摘要:Company performance is an important factor for investors that is used as a reference in making investment decisions. One of the considerations of investors in decision making can be seen from the value of the company. While the value of the company can be influenced by several factors including leverage, company size, GCG and profitability. The population of this study is manufacturing companies listed on the Stock Exchange for the period 2013-2018. The sample used in this study amounted to 30 companies using purposive sampling method. This study uses path analysis techniques (Path Analysis) and Sobel test. The results of this study found that leverage, size and profitability had a positive and significant effect on firm value. GCG has a negative and significant effect on company value. The results of the Sobel test in this study revealed that profitability is able to mediate leverage and GCG, but the different results that profitability still cannot mediate the size of the company.