Do Financial Policy with Company Size Interaction Affect Company Value?

Laveda Luthfiah; I Nyoman Nugraha A P

doi:10.55927/ajabm.v4i4.568

Authors

Laveda Luthfiah University of Mataram
I Nyoman Nugraha A P University of Mataram

DOI:

https://doi.org/10.55927/ajabm.v4i4.568

Keywords:

Capital Structure, Dividend Policy, Investment Decisions, Company Size, Company Value

Abstract

This research aimed to analyse the impact of capital structure, dividend policy, and investment decisions on company value with company size as a moderating variable in telecommunications companies listed on the Indonesia Stock Exchange for 2022–2024. The research type used was causal associative with a quantitative approach. The samples were determined using purposive sampling, obtaining seven companies with 21 observations over three years. Data was analysed using multiple linear regression with "Moderated Regression Analysis" (MRA) utilising the EViews 13 program. The findings indicate that capital structure, dividend policy, and investment decisions do not significantly impact company value. Furthermore, as a moderating variable, company size could not moderate the impact of capital structure, dividend policy, and investment decisions on company value.

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