Pengaruh Ukuran Perusahaan dan Perputaran Total Aset terhadap Nilai Perusahaan dengan Profitabilitas sebagai Variabel Intervening

Abstract

This study aims to investigate the impact of firm size and total asset turnover on firm value with profitability as intervening variable. The population in this study was 47 consumer goods industry sector companies which are listed in Indonesia stock exchanges in 2013-2017. The sampling technique used was purposive sampling with the number of samples obtained as many as 34 companies. The test result of this study shows that  firm size has a significant positive effect on profitability while total aset turnover has no significant effect on profitability. Firm size has a significant negative effect on firm value but total aset turnover has negative effect on firm value. There is no indirect effect of firm size on the firm value with profitability as intervening variable. But it can be concluded that profitability as intervening variable can mediate the relationship between total aset turnover and firm value.

Keywords: firm size, total asset turnover, profitability, firm value