The purpose of this study is to find out how the influence of managerial ownership and leverage on firm value with financial performance as an intervening variable. This research is a type of quantitative research. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the 2017-2018 period. Samples were selected using purposive sampling. The results showed that managerial ownership had no effect on firm value. Leverage affects the value of the company. Managerial ownership does not affect financial performance. Financial performance affects the value of the company. Managerial ownership does not affect the value of the company through financial performance. And leverage has no effect on company value through financial performance.
Abstract
This research was conducted to determine whether the effect of the independent variables: CAR and Murabahah Financing on the dependent variable of profitability with the moderating variable of TPF in Islamic Commercial Banks (BUS) in Indonesia from 2015-2019. The method used in this research is a quantitative approach. The population used in this research is BUS that is registered in the Financial Services Authority in 2020 totaling 14 companies. The sample used was 6 BUS that fit the test criteria. The data studied were time series data in tools, namely Smart Partial Least Square (SmartPLS) 3.3.2. The results of the research conducted are CAR has a positive and significant impact on profitability, Murabahah financing has a the form of annual reports. The data analysis technique used is PLS with data analysis positive and significant impact on profitability, TPF moderates the effect of CAR on profitability, TPF moderates the effect of Murabahah Financing on profitability.
Keywords: CAR; Murabahah Financing; profitability; DPK
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.