DETAIL DOCUMENT
Pengaruh Struktur Modal Terhadap Nilai Perusahaan Pada Kondisi Kedaruratan Pandemi Covid-19
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Institusion
Universitas Pembangunan Nasional Veteran Jakarta
Author
Naufal Baihaqi, .
Subject
HF5601 Accounting 
Datestamp
2022-04-12 02:46:48 
Abstract :
This study aims to determine the effect of capital structure on firm value in the Covid-19 pandemic emergency conditions in 190 companies listed in five sectors (basic materials, consumer cyclicals, consumers non cyclicals, healthcare, and industrials) on the Indonesia Stock Exchange for the 2017-2020 period. This research is a type of quantitative research using secondary data in the form of annual reports and financial reports. Fixed Effect Model (FEM) with panel data regression was used in this study using STATA version 16. Based on the test results and analysis it can be concluded that, capital structure has no significant effect on firm value, the covid-19 pandemic is not able to moderate capital structure on firm value, while the control variable, namely firm size has a significant negative effect on firm value and profitability has a significant positive effect on firm value. The results of this study have implications for potential investors and regulators. Policy makers can use these findings, particularly on capital structure to increase firm value in Indonesia. 
Institution Info

Universitas Pembangunan Nasional Veteran Jakarta