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Manajemen dan BisnisManajemen dan Bisnis

Banks in carrying out the intermediation function require additional capital. Therefore, part of the banks ownership is sold to the public in the form of shares and debt securities. Firm value is one of the indicators for investors in assessing the performance of a company. The aims of this study are: 1) To determine the factors that influence the value of Indonesian banking companies. These factors are capital structure, efficiency and size of the bank. 2) To find out that profitability moderates the value of Indonesian banking companies. This research uses quantitative verification research. The research analysis technique with moderate variables uses the Moderated Regression Analysis (MRA) model. Using secondary data from the financial statements of each bank. The financial reports are downloaded through the Indonesia Stock Exchange (IDX) website. Processing data using the e-Views 11 application. The results of this study show that the capital structure and the size of the bank have a significant positive impact on corporate value. If a bank is inefficient, it will not have a significant impact on corporate value. Profitability as a mitigation variable cannot amplify the impact of capital structure, efficiency, or bank size on corporate value.

Berdasarkan hasil data dan analisis teoretis disimpulkan.1) Struktur modal, efisiensi dan ukuran bank adalah faktor yang mempengaruhi nilai perusahaan perbankan Indonesia.2) Variabel profitabilitas sebagai variabel moderasi tidak mampu memperkuat pengaruh struktur modal (SM), efisiensi (EFF) dan ukuran bank (BS) terhadap nilai perusahaan (NP).

Penelitian lanjutan dapat mengkaji pengaruh variabel moderasi lain seperti kebijakan dividen atau tingkat risiko terhadap hubungan antara struktur modal, efisiensi, dan ukuran bank dengan nilai perusahaan. Selain itu, penelitian bisa dilakukan secara longitudinal untuk melihat perubahan dinamika tersebut seiring waktu, terutama dalam konteks perubahan kebijakan moneter. Penelitian juga dapat diperluas ke sektor perbankan di negara-negara berkembang lainnya untuk membandingkan pola yang berbeda akibat kondisi ekonomi dan regulasi yang berbeda.

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  2. Business Perspectives - Capital structure, firm value and managerial ownership: Evidence from East African... doi.org/10.21511/imfi.18(1).2021.28Business Perspectives Capital structure firm value and managerial ownership Evidence from East African doi 10 21511 imfi 18 1 2021 28
  3. Moderation of profitability against determinants company value | Kadang | Manajemen dan Bisnis. moderation... journalmabis.org/mabis/article/view/679Moderation of profitability against determinants company value Kadang Manajemen dan Bisnis moderation journalmabis mabis article view 679
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