Capital structure impacts company value, with growth and profitability as key factors.
The study looked at how a company's capital structure affects its value, with profitability and growth as factors that can change this relationship. Data from 30 companies listed on the Indonesia Stock Exchange from 2010-2014 was used. The researchers used a method called moderated regression analysis to analyze the data. The results showed that a company's capital structure has a positive impact on its value. Profitability can make this impact even stronger, while growth can make it weaker.