PENGARUH STRUKTUR MODAL DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN FINANSIAL DISTRESS SEBAGAI MODERASI
Abstract
Penelitian ini memiliki tujuan agar diketahui pengaruh struktur modal, profitabilitas, nilai perusahaan dan finansial distress sebagai moderasi di perusahaan jasa sektor sektor real estate dan property dan sektor perdagangan, investasi dan jasa yang terdaftar di BEI 2018-2020. Pendekatan penelitian ini menggunakan pendekatan kuantitatif. Metode pengambilan smapel purposive sampling. Sampelnya yakni 111. Hasilnya struktur modal, profitabilitas dan finansial distress terdapat pengaruh signifikan terhadap nilai perusahaan, sedangkan struktur modal dan profitabilitas juga berpengaruh signifikan ketika dimoderasi dengan finansial distress.
References
Afinindy, Inne, Ubud Salim Dan Kusuma Ratnawati, 2021,The Effect Of Profitability, Firm Size, Liquidity, Sales Growth On Firm Value Mediated Capital Structure, International Journal Of Business, Economics And Law Vol 24
Akgun, Ali Ihsan, Famil Samiloglu, Dan Ali Osman Oztop, 2018, The Impact Of Profitability On Market Value Added: Evidence From Turkish Informatics And Technology. Firms, International Journal Of Economics And Financial Issues, 105-112, Ankara Yıldırım Beyazıt University
Alpi, M. Firza, 2020,Company Value: The Role Of Capital Structure And Company Profitability Growth, Journal International Proceeding Of Law & Economics Iple, Universitas Muhammadiyah, Sumatra Utara
Dan, Tien Dat Dan Thi Van Trang Do, 2021,Does Capital Structure Affect Firm Value In Vietnam, Journal Investment Management And Financial Innovations, Vol 18
Dirman, Angela, 2020,Financial Distress: The Impacts Of Profitability, Liquidity, Leverage, Firm Size, And Free Cash Flow, International Journal Of Business, Economics And Law, Vol. 22
Fahmi, Irham. (2017),Analisis Laporan Keuangan, Bandung: Alfabeta
Fumani, Maryam Alhani Dan Dr. Abdolkarim Moghadam, 2015, The Effect Of Capital Structure On Firm Value , The Rate Of Return On Equity And Earnings Per Share Of Listed Companies In Tehran Stock Exchange, Journal Of Finance And Accounting Vol.6, No.15, Islamic Azad University, Iran
Ghozali, Imam, 2013,Aplikasi Analisis Multivariet Dengan Program Ibm Spss 21 Update iRegresi, Semarang: Badan Penerbit Universitas Diponegoro
Hadjaat, Michael , Rizky Yudaruddin, Dan Sukisno Selamet Riadi, 2021,The Impact Of Financial Distress On Cash Holdings In Indonesia: Does Business Group Affiliation Matter, Journal Of Asian Finance, Economics And Business Vol 8
Hanafi, Ahmad Harith Ashrofie, Rohani Md-Rus, Dan Kamarun Nisham Taufil Mohd, 2021,Predicting Financial Distress In The Malaysian Market: Hazard Model Versus The Logit Model, Advanced International Journal Of Banking, Accounting And Finance Vol 3
Herman Ruslim And Michael, 2019,The Effect Of Financial Ratio On Company Value With Inflation As A Moderation Variable, Jurnal Akuntansi/Volume Xxiii, No. 01, Universitas Tarumanagara
Hrp, Anugerah Iman, Isfenti Sadalia, Khaira Amalia Fachrudin, 2017,The Effect Of Leverage And Financial Distress On Earnings Management With Good Corporate Governance As The Moderating Variable, Academic Journal Of Economic Studies Vol. 3, No. 4, Universitas Sumatera Utara
Indriantoro, Nur., Dan Supomo, Bambang,2016,”Metodologi Penelitian Bisnis, Bpfe:Yogjakarta
Luu, Duc Huu, 2021,The Impact Of Capital Structure On Firm Value: A Case Study In Vietnam, Journal Of Asian Finance, Economics And Business, Vol 8 No 5
Mule, Robert Kisavi, Mohamed Suleiman Mukras, Dan Onesmus Mutunga Nzioka, 2020,Corporate Size, Profitability And Market Value: An Econometric Panel Analysis Of Listed Firms In Kenya, Journal European Scientific Vol.11, No.13, University Of Nairobi
Murtadha, Milla Alsura, Muhammad Arfan, Dan Mulia Saputra, 2018,Factors Influencing Financial Distress And Its Impact On Company Values Of The Sub-Sectors Firms In Indonesian, Journal Of Accounting Research, Organization And Economics Vol. 1 (2), Universitas Syiah Kuala
Nurwulandari, Andini, Yudi Wibowo Dan Hasanudin, 2021,Effect Of Liquidity, Profitability, Firm Size On Firm Value With Capital Structure As Intervening Variable, Jurnal Ilmiah Akuntansi Vol 4, Issue 2, Faculty Of Economics, Universitas Nasional, South Sulawesi
Purwanti, Titik, 2020,The Effect Of Profitability, Capital Structure, Company Size, And Dividend Policy On Company Value On The Indonesia Stock Exchange, Journal International Of Seocology Vol 01, Universitas Widya
Rahma Nabila Habiba Dan Vaya Juliana Dillak, 2021, Pengaruh Struktur modal, Ukuran Perusahaan, Sales Growth Dan Intangible Asset Terhadap Financial Distress, Jurnal Ilmiah MEA (Manajemen, Ekonomi, Dan Akuntansi) Vol. 5 No. 3
Rainingtyas, Annisa Salsabilla, Haryono Umar, Dan Agustina Indriani, 2021,The Influence Of Financial Distress And Audit Committee On Fraudulent Financial Reporting Moderating By Good Corporate Governance, International Journal Of Economics And Management Studies Vol 8
Safitri, Melania Galih Dan Indah Yuliana, 2021,The Effect Of Profitability And Leverage On Financial Distress With Inflation As Moderating, Jurnal Aset (Akuntansi Riset) Vol 13, Maulana Malik Ibrahim State Islamic University
Solichah, Tri Ratnawati , Dan Srie Hartutie Moehaditoyo, 2019,The Effect Of Asset Structure, Capital Structure, And Macro Economics On Financial Risk Management, Profitability Performance, Going Concern And Value Of The Firm And Gcg As Moderated Variables In Companies Listed In Jakarta Islamic Indeks, International Journal Of Business, Economics And Accuiting Vol 3, Universitas 17 Agustus
Sudjiman, Paul Dan Lorina Siregarsudjiman, 2020,Effect Of Profitability Towards Company Values: A Study On Cosmetic And Household Needs Sub Sector, Journal Kompetensi, Vo 14, No 1, Universitas Advent Indonesia
Sugiyono.,2009,Metode Penelitian Kuantitatif, Kualitatif Dan R&D, Bandung: Cv Alfabeta
Sumaryati, Anna Dan Nila Tristiarini, 2017,The Influence Of Cost Of Equity On Financial Distress And Firm Value, Journal Advances In Economics, Business And Management Research (Aebmr), Vol 46, University Of Dian Nuswantoro Semarang
Syamsudin, Iwan Setiadi, Dwi Santoso, Dan Erna Setiany, 2020,Capital Structure And Investment Decisions On Firm Value With Profitability As A Moderator, Jurnal Riset Akuntansi Dan Keuangan Indonesia, Universitas Muhammadiyah Surakarta
Tsaqif, Bahiy Muhammad Dan Wulandari Agustiningsih, 2021,Pengaruh Financial Distress Dan Ukuran Perusahaan Terhadap Manajemen Laba Dengan Kepemilikan Manajerial Sebagai Variabel Moderasi, Jurnal Akuntansi Dan Governance Vol. 2 No. 1, Universitas Esa Unggul
Wijaya, Bayu Irfandi Dan I.B. Panji Sedana, 2015,Pengaruh Profitabilitas Terhadap Nilai Perusahaan (Kebijakan Dividen Dan Kesempatan Investasi Sebagai Variabel Mediasi), E-Jurnal Manajemen Unud, Vol.4, No.12, Universitas Udayana
Zutami, Delvi Dwinky, Harsi Romli, Dan Luis Marnisah, 2021,Analisis Pengaruh Struktur Modal, Pertumbuhan Perusahaan Dan Profitabilitas Terhadap Nilai Perusahaan (Studi Kasus Pada Perusahaan Food And Beverages Yang Terdaftar Di Bursa Efek Indonesia Lq45), Jurnal Integritas Jurnal Manajemen Profesional (Ijmpro) Vol 2 No 1, Universitas Igm
Akgun, Ali Ihsan, Famil Samiloglu, Dan Ali Osman Oztop, 2018, The Impact Of Profitability On Market Value Added: Evidence From Turkish Informatics And Technology. Firms, International Journal Of Economics And Financial Issues, 105-112, Ankara Yıldırım Beyazıt University
Alpi, M. Firza, 2020,Company Value: The Role Of Capital Structure And Company Profitability Growth, Journal International Proceeding Of Law & Economics Iple, Universitas Muhammadiyah, Sumatra Utara
Dan, Tien Dat Dan Thi Van Trang Do, 2021,Does Capital Structure Affect Firm Value In Vietnam, Journal Investment Management And Financial Innovations, Vol 18
Dirman, Angela, 2020,Financial Distress: The Impacts Of Profitability, Liquidity, Leverage, Firm Size, And Free Cash Flow, International Journal Of Business, Economics And Law, Vol. 22
Fahmi, Irham. (2017),Analisis Laporan Keuangan, Bandung: Alfabeta
Fumani, Maryam Alhani Dan Dr. Abdolkarim Moghadam, 2015, The Effect Of Capital Structure On Firm Value , The Rate Of Return On Equity And Earnings Per Share Of Listed Companies In Tehran Stock Exchange, Journal Of Finance And Accounting Vol.6, No.15, Islamic Azad University, Iran
Ghozali, Imam, 2013,Aplikasi Analisis Multivariet Dengan Program Ibm Spss 21 Update iRegresi, Semarang: Badan Penerbit Universitas Diponegoro
Hadjaat, Michael , Rizky Yudaruddin, Dan Sukisno Selamet Riadi, 2021,The Impact Of Financial Distress On Cash Holdings In Indonesia: Does Business Group Affiliation Matter, Journal Of Asian Finance, Economics And Business Vol 8
Hanafi, Ahmad Harith Ashrofie, Rohani Md-Rus, Dan Kamarun Nisham Taufil Mohd, 2021,Predicting Financial Distress In The Malaysian Market: Hazard Model Versus The Logit Model, Advanced International Journal Of Banking, Accounting And Finance Vol 3
Herman Ruslim And Michael, 2019,The Effect Of Financial Ratio On Company Value With Inflation As A Moderation Variable, Jurnal Akuntansi/Volume Xxiii, No. 01, Universitas Tarumanagara
Hrp, Anugerah Iman, Isfenti Sadalia, Khaira Amalia Fachrudin, 2017,The Effect Of Leverage And Financial Distress On Earnings Management With Good Corporate Governance As The Moderating Variable, Academic Journal Of Economic Studies Vol. 3, No. 4, Universitas Sumatera Utara
Indriantoro, Nur., Dan Supomo, Bambang,2016,”Metodologi Penelitian Bisnis, Bpfe:Yogjakarta
Luu, Duc Huu, 2021,The Impact Of Capital Structure On Firm Value: A Case Study In Vietnam, Journal Of Asian Finance, Economics And Business, Vol 8 No 5
Mule, Robert Kisavi, Mohamed Suleiman Mukras, Dan Onesmus Mutunga Nzioka, 2020,Corporate Size, Profitability And Market Value: An Econometric Panel Analysis Of Listed Firms In Kenya, Journal European Scientific Vol.11, No.13, University Of Nairobi
Murtadha, Milla Alsura, Muhammad Arfan, Dan Mulia Saputra, 2018,Factors Influencing Financial Distress And Its Impact On Company Values Of The Sub-Sectors Firms In Indonesian, Journal Of Accounting Research, Organization And Economics Vol. 1 (2), Universitas Syiah Kuala
Nurwulandari, Andini, Yudi Wibowo Dan Hasanudin, 2021,Effect Of Liquidity, Profitability, Firm Size On Firm Value With Capital Structure As Intervening Variable, Jurnal Ilmiah Akuntansi Vol 4, Issue 2, Faculty Of Economics, Universitas Nasional, South Sulawesi
Purwanti, Titik, 2020,The Effect Of Profitability, Capital Structure, Company Size, And Dividend Policy On Company Value On The Indonesia Stock Exchange, Journal International Of Seocology Vol 01, Universitas Widya
Rahma Nabila Habiba Dan Vaya Juliana Dillak, 2021, Pengaruh Struktur modal, Ukuran Perusahaan, Sales Growth Dan Intangible Asset Terhadap Financial Distress, Jurnal Ilmiah MEA (Manajemen, Ekonomi, Dan Akuntansi) Vol. 5 No. 3
Rainingtyas, Annisa Salsabilla, Haryono Umar, Dan Agustina Indriani, 2021,The Influence Of Financial Distress And Audit Committee On Fraudulent Financial Reporting Moderating By Good Corporate Governance, International Journal Of Economics And Management Studies Vol 8
Safitri, Melania Galih Dan Indah Yuliana, 2021,The Effect Of Profitability And Leverage On Financial Distress With Inflation As Moderating, Jurnal Aset (Akuntansi Riset) Vol 13, Maulana Malik Ibrahim State Islamic University
Solichah, Tri Ratnawati , Dan Srie Hartutie Moehaditoyo, 2019,The Effect Of Asset Structure, Capital Structure, And Macro Economics On Financial Risk Management, Profitability Performance, Going Concern And Value Of The Firm And Gcg As Moderated Variables In Companies Listed In Jakarta Islamic Indeks, International Journal Of Business, Economics And Accuiting Vol 3, Universitas 17 Agustus
Sudjiman, Paul Dan Lorina Siregarsudjiman, 2020,Effect Of Profitability Towards Company Values: A Study On Cosmetic And Household Needs Sub Sector, Journal Kompetensi, Vo 14, No 1, Universitas Advent Indonesia
Sugiyono.,2009,Metode Penelitian Kuantitatif, Kualitatif Dan R&D, Bandung: Cv Alfabeta
Sumaryati, Anna Dan Nila Tristiarini, 2017,The Influence Of Cost Of Equity On Financial Distress And Firm Value, Journal Advances In Economics, Business And Management Research (Aebmr), Vol 46, University Of Dian Nuswantoro Semarang
Syamsudin, Iwan Setiadi, Dwi Santoso, Dan Erna Setiany, 2020,Capital Structure And Investment Decisions On Firm Value With Profitability As A Moderator, Jurnal Riset Akuntansi Dan Keuangan Indonesia, Universitas Muhammadiyah Surakarta
Tsaqif, Bahiy Muhammad Dan Wulandari Agustiningsih, 2021,Pengaruh Financial Distress Dan Ukuran Perusahaan Terhadap Manajemen Laba Dengan Kepemilikan Manajerial Sebagai Variabel Moderasi, Jurnal Akuntansi Dan Governance Vol. 2 No. 1, Universitas Esa Unggul
Wijaya, Bayu Irfandi Dan I.B. Panji Sedana, 2015,Pengaruh Profitabilitas Terhadap Nilai Perusahaan (Kebijakan Dividen Dan Kesempatan Investasi Sebagai Variabel Mediasi), E-Jurnal Manajemen Unud, Vol.4, No.12, Universitas Udayana
Zutami, Delvi Dwinky, Harsi Romli, Dan Luis Marnisah, 2021,Analisis Pengaruh Struktur Modal, Pertumbuhan Perusahaan Dan Profitabilitas Terhadap Nilai Perusahaan (Studi Kasus Pada Perusahaan Food And Beverages Yang Terdaftar Di Bursa Efek Indonesia Lq45), Jurnal Integritas Jurnal Manajemen Profesional (Ijmpro) Vol 2 No 1, Universitas Igm
Published
2022-03-23
How to Cite
Saputri, E., Pradana, A. W. S., & Yuliana, I. (2022). PENGARUH STRUKTUR MODAL DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN FINANSIAL DISTRESS SEBAGAI MODERASI. Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA), 6(1), 596-610. https://doi.org/10.31955/mea.v6i1.1761
Section
Articles
Copyright (c) 2022 Jurnal Ilmiah MEA (Manajemen, Ekonomi, & Akuntansi)
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
