Abstract

The purpose of this research is to analyze and obtain empirical evidence regarding the effect of capital structure, profitability, and firm size on firm value with a moderating variable, namely managerial ownership. This study uses 114 data samples from manufacturing companies that have been listed on the Indonesia Stock Exchange during the 2018-2020 period. In this study also used Eviews 12 to perform research data processing. The results obtained from the study are that capital structure has a positive and insignificant effect on firm value. Profitability has a positive and significant effect on firm value. Firm size has a negative and insignificant effect on firm value. In addition, managerial ownership is not able to moderate the relationship between capital structure, profitability, and firm size with firm value.

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