Proceedings of the 1st International Conference on Economics and Business, ICEB 2023, 2-3 August 2023, Padang, Sumatera Barat, Indonesia

Research Article

The Effect Of Firm Size, Liquidity, And Total Asset Turnover On Firm Value Through Profitability As Intervening Variables

Download38 downloads
  • @INPROCEEDINGS{10.4108/eai.2-8-2023.2341714,
        author={Suryo Budi  Santoso and Dita Rahayu  Melania and Sutaryo  Sutaryo and Desi Triya  Rinjani and Kebba  Saine},
        title={The Effect Of Firm Size, Liquidity, And Total Asset Turnover On Firm Value Through Profitability As Intervening Variables},
        proceedings={Proceedings of the 1st International Conference on Economics and Business, ICEB 2023, 2-3 August 2023, Padang, Sumatera Barat, Indonesia},
        publisher={EAI},
        proceedings_a={ICEB},
        year={2024},
        month={6},
        keywords={company size liquidity total asset turnover profitability and company value},
        doi={10.4108/eai.2-8-2023.2341714}
    }
    
  • Suryo Budi Santoso
    Dita Rahayu Melania
    Sutaryo Sutaryo
    Desi Triya Rinjani
    Kebba Saine
    Year: 2024
    The Effect Of Firm Size, Liquidity, And Total Asset Turnover On Firm Value Through Profitability As Intervening Variables
    ICEB
    EAI
    DOI: 10.4108/eai.2-8-2023.2341714
Suryo Budi Santoso1,*, Dita Rahayu Melania1, Sutaryo Sutaryo1, Desi Triya Rinjani1, Kebba Saine1
  • 1: Universitas Muhammadiyah Purwokerto
*Contact email: suryobs@gmail.com

Abstract

The purpose of this study is to investigate how profitability affects how firm value is impacted by firm size, liquidity, and total asset turnover. The object of this study uses companies registered on the Jakarta Islamic Index 70. The data used is secondary data in the form of annual financial reports for 2018-2020. Purposive sampling was employed as the data collection method and multiple regression analysis as the method of data analysis in this study. The analysis's findings demonstrate that business size, liquidity, and total asset turnover all have a sizablely favorable impact on profitability. While profitability, liquidity, and total asset turnover have a noticeable positive impact on firm value, company size has little impact on it. The impact of firm size, liquidity, and total asset turnover can be mitigated by profitability