The Influence of Liquidity, Firm Size and Profitability on Company Value Mediated By Leverage of Companies Listed on IDX

Abstract

This study aims to determine the effect of liquidity, firm size and profitability on the value mediated by the leverage of companies listed on the IDX. The data used are property companies that go public on the Indonesia Stock Exchange. Financial reports for the period 2015 to 2019. Data is obtained from published annual financial reports where data is searched based on the variables used. In selecting the sample to be used with the purposive sample method. Data analysis technique using path analysis. The results of this study indicate that: 1) Liquidity, and firm size have an influence on leverage in property companies listed on the IDX. 2) Profitability, Firm Size has no effect on leverage on property companies listed on the IDX. 3) Liquidity, profitability, leverage have an influence on the value of the company property companies listed on the IDX. 4) Leverage cannot mediate between liquidity and profitability on the value of property companies listed on the IDX. 5) Leverage can mediate between firm size and the value of property companies listed on the IDX.