PENGARUH KEPUTUSAN INVESTASI, PERTUMBUHAN PENJUALAN DAN LIKUIDITAS TERHADAP NILAI PERUSAHAAN DENGAN STRUKTUR MODAL SEBAGAI VARIABEL MODERASI

Abstract

This research, aims to find out how the influence of Investment Decision, Sales Growth and Liquidity on Firm Value with Capital Structure as a Moderating Variable. This study uses a population of property and real estate companies listed on the Indonesia Stock Exchange from 2018 to 2021 which found 192 samples, according to the criteria needed in this study. This study used regression analysis. multiple linear with the results of research that investment decision has a positive effect on firm value, sales growth has a positive effect on firm value and liquidity has no positive effect on firm value. For the moderating variable, the capital structure cannot weaken the positive influence investment decision and liquidity on firm value. Capital structure can only weaken the positive influence of sales growth on firm value