The Influence of Firm Size, Leverage, and Profitability on Firm Value

Authors

  • Yuri Arlin Thahir IAIN Sultan Amai Gorontalo
  • Sofhian IAIN Sultan Amai Gorontalo

DOI:

https://doi.org/10.32662/gaj.v9i1.4609

Abstract

This study examined the effect of firm size, proxied by the natural logarithm of total assets, leverage, proxied by the debt-to-equity ratio (DER), and profitability, proxied by return on assets (ROA), on firm value, proxied by the price-to-book value (PBV), both simultaneously and partially. The sampling technique employed was purposive sampling, resulting in a sample of 15 companies that met the selection criteria. Panel data regression analysis was conducted using EViews version 13 software. The results indicated that firm size had a significant partial effect on firm value, whereas leverage and profitability did not have significant effects. However, simultaneously, firm size, leverage, and profitability had a significant effect on firm value.

Downloads

Published

2026-04-01

How to Cite

Thahir, Y. A., & Sofhian. (2026). The Influence of Firm Size, Leverage, and Profitability on Firm Value. Gorontalo Accounting Journal, 9(1), 85–95. https://doi.org/10.32662/gaj.v9i1.4609

Issue

Volume 9 Issue 1 April 2026

Section

Articles

License

Copyright (c) 2026 Gorontalo Accounting Journal

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

In order to be accepted and published by Gorontalo Accounting Journal, author(s) submitting the article manuscript should complete all the review stages. By submitting the manuscript, the author(s) agreed to these following terms:

1. The copyright of the accpted for publication articles shall be assigned to Gorontalo Accounting Journal as the publisher of the journal. The intended copyright includes the rights to publish articles in various forms (including reprints) as evidenced by a Statement From the author.

2. Gorontalo Accounting Journal maintain the publishing rights of the published articles. 

Authors are permitted to republish or disseminate published articles by sharing the link/DOI of the article at the Gorontalo Accounting Journal. Authors are allowed to use their articles for any legal purposes deemed necessary without written permission from the Gorontalo Accounting Journal with an acknowledgement of initial publication to this journal.

Users/public (https://jurnal.unigo.ac.id/index.php/gaj/index) use of this website will be licensed to the Creative Commons Attribution 4.0 International License (CC-BY)