Profitability, Leverage, and Size as Drivers of Firm Value: A Study of Indonesian Manufacturing Companies
Agni Rajabbi Yahya, Hilmi and Yulianto, Agung (2026) Profitability, Leverage, and Size as Drivers of Firm Value: A Study of Indonesian Manufacturing Companies. IJEBIR, 05 (02). pp. 1-20. ISSN 2964-0865
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Abstract
This analyze aims to evaluate impact of profit, debt ratio, and firm size on the value
of a manufacturing company the in processed food subsector itemized at the Indonesia
Stock Exchange span period from 2022 to 2024. This research plan uses a causal
associative study approach. In this study, trial was taken untilizing the purposive approach
sampling. The analyzed data in this study includes 101 companies, of which 55
companies were selected as samples for a three-year observation period (2022-2024).
The technique used to analyze the data is multiple linear regression. Centered the on test
outcome, it able to be concluded data that from this study match necessary classical
presumptions, including normality, and are available no are issues of multicollinearity,
heteroscedasticity, and autocorrelation. The outcome of the fractional hypothesis
assessment that donate profitability impacts the of firm value. From the outcome findings,
can it deduced be that profitability performs crucial an part in influencing the firm value,
indicating that capability the company's to create surplus a key is factor in increasing firm
value. Meanwhile, leverage and firm size had no impact, indicating that debt levels and
firm size are not determining factors in determining firm value.
| Item Type: | Article |
|---|---|
| Subjects: | J Economics and Business > JA Accounting (General) |
| Divisions: | Fakultas Ekonomi dan Bisnis > Akuntansi |
| Depositing User: | Hilmi Hilmi Agni Rajabbi Yahya |
| Date Deposited: | 04 Jun 2026 06:20 |
| Last Modified: | 04 Jun 2026 06:20 |
| URI: | https://eprints.ugj.ac.id/id/eprint/3366 |
