PENGARUH PROFITABILITAS, LIKUIDITAS, DAN TANGIBILITAS YANG DI MODERASI SUKU BUNGA TERHADAP STRUKTUR MODAL SERTA DAMPAKNYA TERHADAP NILAI PERUSAHAAN (Kajian Lintas Negara ASEAN Tahun 2021-2023)

    Ivan Fadillah Kosasih, - and Alfira Sofia, - and R. Nelly Nur Apandi, - (2025) PENGARUH PROFITABILITAS, LIKUIDITAS, DAN TANGIBILITAS YANG DI MODERASI SUKU BUNGA TERHADAP STRUKTUR MODAL SERTA DAMPAKNYA TERHADAP NILAI PERUSAHAAN (Kajian Lintas Negara ASEAN Tahun 2021-2023). S1 thesis, Universitas Pendidikan Indonesia.

    Abstract

    Penelitian ini bertujuan untuk menguji secara empiris pengaruh profitabilitas,
    likuiditas, dan tangibilitas terhadap struktur modal serta implikasinya terhadap nilai perusahaan pada sektor konstruksi di kawasan ASEAN, khususnya di Indonesia, Malaysia, dan Thailand selama periode 2021–2023. Selain itu, penelitian ini jugamenganalisis peran suku bunga sebagai variabel moderasi dalam hubungan antara faktor-faktor internal perusahaan dan struktur modal. Pendekatan penelitian yang digunakan adalah kuantitatif dengan metode analisis regresi moderasi Moderated Regression Analysis dan regresi linier sederhana yang diolah menggunakan perangkat lunak EViews. Sampel penelitian terdiri dari 78 perusahaan konstruksi yang dipilih melalui metode purposive sampling. Hasil analisis menunjukkan bahwa profitabilitas dan likuiditas berpengaruh secara signifikan terhadap struktur modal perusahaan konstruksi di Indonesia, Malaysia, dan Thailand. Namun, tangibilitas hanya menunjukkan pengaruh secara signifikan terhadap struktur modal di Malaysia, dan tidak berpengaruh secara signifikan di Indonesia maupun Thailand. Sementara itu, suku bunga tidak terbukti memoderasi pengaruh profitabilitas, likuiditas, dan tangibilitas terhadap struktur modal di ketiga negara tersebut. Struktur modal berpengaruh secara signifikan terhadap nilai perusahaan konstruksi di Malaysia dan Thailand, namun tidak berpengaruh secara signifikan terhadap nilai perusahaan konstruksi di Indonesia.

    This study aims to empirically examine the effects of profitability, liquidity, and
    tangibility on capital structure and their implications for firm value in the
    construction sector within the ASEAN region, specifically in Indonesia, Malaysia,
    and Thailand during the 2021–2023 period. Furthermore, the study analyzes the
    role of interest rates as a moderating variable in the relationship between internal
    firm factors and capital structure. A quantitative approach was employed, utilizing
    moderated regression analysis (MRA) and simple linear regression, with data
    processed using EViews software. The research sample consisted of 78 construction selected through purposive sampling. The results indicate that
    profitability and liquidity have a significant effect on the capital structure of
    construction firms in Indonesia, Malaysia, and Thailand. However, tangibility only
    shows a significant effect in Malaysia and does not significantly influence capital
    structure in Indonesia or Thailand. Moreover, interest rates do not moderate the
    effects of profitability, liquidity, and tangibility on capital structure in the three
    countries. Capital structure significantly affects firm value in construction
    companies in Malaysia and Thailand, but not in Indonesia.

    Baca Full Text klik disini
    [thumbnail of S_PEA_2105928_Title.pdf] Text
    S_PEA_2105928_Title.pdf
    Download (585kB)
    [thumbnail of S_PEA_2105928_Chapter1.pdf] Text
    S_PEA_2105928_Chapter1.pdf
    Download (375kB)
    [thumbnail of S_PEA_2105928_Chapter2.pdf] Text
    S_PEA_2105928_Chapter2.pdf
    Restricted to Staf Perpustakaan
    Download (586kB)
    [thumbnail of S_PEA_2105928_Chapter3.pdf] Text
    S_PEA_2105928_Chapter3.pdf
    Download (596kB)
    [thumbnail of S_PEA_2105928_Chapter4.pdf] Text
    S_PEA_2105928_Chapter4.pdf
    Restricted to Staf Perpustakaan
    Download (755kB)
    [thumbnail of S_PEA_2105928_Chapter5.pdf] Text
    S_PEA_2105928_Chapter5.pdf
    Download (305kB)
    [thumbnail of S_PEA_2105928_Appendix.pdf] Text
    S_PEA_2105928_Appendix.pdf
    Restricted to Staf Perpustakaan
    Download (1MB)
    Official URL: https://repository.upi.edu/
    Item Type: Thesis (S1)
    Additional Information: https://scholar.google.com/citations?view_op=new_articles&hl=en ID SINTA Dosen Pembimbing: Alfira Sofia : 259602 R. Nelly Nur Apandi : 6735793
    Uncontrolled Keywords: Profitabilitas, Likuiditas, Tangibilitas, Suku Bunga, Struktur Modal, Nilai Perusahaan Profitability, Liquidity, Tangibility, Interest Rates, Capital Structure, Firm Value
    Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
    H Social Sciences > HG Finance
    Divisions: Fakultas Pendidikan Ekonomi dan Bisnis > Akuntansi (non kependidikan)
    Depositing User: Ivan Fadillah Kosasih
    Date Deposited: 07 May 2025 06:58
    Last Modified: 07 May 2025 06:58
    URI: http://repository.upi.edu/id/eprint/132738

    Actions (login required)

    View Item View Item