THE EFFECTS OF PROFITABILITY, LIQUIDITY AND FIRM SIZE ON FIRM VALUE, WITH SUSTAINABILITY REPORT AS THE MODERATING VARIABLE

Satria Galih Pambudi; Zumratul Meini

Authors

Satria Galih Pambudi Universitas Nasional Jakarta
Zumratul Meini Universitas Nasional Jakarta

Keywords:

Profitability; Liquidity; Firm Size; Firm Value; Sustainability Report

Abstract

The high price of a company's stock can indicate that the company's achievements have increased its value; the higher the stock price, the greater the company's achievements. This research aimed at investigating the effect of profitability, liquidity, and firm size on firm value, as well as the moderate effect of sustainability reports on the effect of profitability, liquidity, and firm size. In this study, 48 firms listed on the Indonesia Stock Exchange between 2017 and 2021 were analyzed. WarpPLS 8.0 is utilized for information processing. The results of this study indicate that profitability and liquidity have a significant effect on firm value while firm size has no effect on firm value. Sustainability reports can moderate the relationship between profitability and liquidity on firm value, but sustainability reports cannot moderate firm size on firm value.

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