The Effect of Company Growth on Firm Value with Debt Policy as Moderation in Service Sector Industries

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Muhammad Syahrial Syahrial
Yuliansyah Yuliansyah
Sudrajat Sudrajat

Abstract

This research aims to analyze the effect of asset growth, revenue growth on Firm value, and moderated by leverage. The population in this study is non-banking service companies listed on the Indonesia Stock Exchange in the period 2014 - 2018.Sampling in this study uses a purposive sampling method which produces as many as 55 research samples. The data used in this study are secondary data. The analysis technique uses multiple linear regression analysis and moderated regression analysis using the classic assumption test. Test result shows (i)assets growth has a positive significant effect on firm value, (ii)revenue growth does not affect firm value, (iii)As for moderation, leverage strengthens the effect of the relationship between asset growth and firm value, (iv)However, leverage weakens the relationship between revenue growth and firm value.

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How to Cite
Syahrial, M. S., Yuliansyah, Y., & Sudrajat, S. (2020). The Effect of Company Growth on Firm Value with Debt Policy as Moderation in Service Sector Industries. International Journal for Innovation Education and Research, 8(8), 445–453. https://doi.org/10.31686/ijier.vol8.iss8.2538
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Articles
Author Biographies

Muhammad Syahrial Syahrial, University of Lampung, Indonesia

Faculty of Economics and Business

Yuliansyah Yuliansyah, University of Lampung, Indonesia

Faculty of Economics and Business

Sudrajat Sudrajat, University of Lampung, Indonesia

Faculty of Economics and Business

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