Efek Mediasi Profitabilitas Pada Pengaruh Leverage Dan Ukuran Perusahaan Terhadap Nilai Perusahaan

The purpose of this study if determine the effect of leverage and firm size on firm value with profitability asintervening variable. The population in this study are Jakarta Islamic Index (JII) listed on the Indonesia Stock Exchange in the 2015-2019 period using a purposive sampling method, 14 companies were selected in the sample. Analysis of the data path analysis and sobel test which is assisted with SPSS 21 software. Based on the result of testing the data determine that leverage and firm size have a significant effect on profitability. Leverage and profitability have a significant effect on firm value but, firm size have not significant effect on firm value. Profitabilit not to be able to mediate the effect of leverage and firm size on firm value. Keyword : Leverage, Firm Size, Firm Value, Profitabilit

Efek dari Leverage dan Ukuran Perusahaan dalam Memengaruhi Tingkat Profitabilitas

This study aims to determine the effect of Leverage and Firm Size on Profitability. This research was conducted on metal sub-sector companies and the like on the Indonesia Stock Exchange (BEI) for the 2015-2019 period. The sampling method used in this study is non-probability sampling with purposive sampling technique, namely by using specified criteria. Data collected through secondary data. The data used were tested with multiple linear regression data analysis techniques and hypothesis testing with SPSS version 21 as a tool. The results showed that leverage has a negative and insignificant effect on profitability, while firm size has a positive and insignificant effect on profitability. Companies are expected to be careful and take advantage of the use of high debt in the long term, because it can reduce profits for the company. Assets that are used as collateral are also considered to get debt whose value is greater than the return on assets received by the company. In order not to have a high risk of company bankruptcy. Keywords: Leverage, Firm Size, Profitabilit