THE EFFECT OF COMPANY SIZE AND LEVERAGETO COMPANY VALUE WITH PROFITABILTY AS MEDIATE VARIABLE IN FOOD AND BEVERAGE COMPANY LISTED AT INDONESIA STOCK EXCHAGE PERIOD 2012-2018

Abstract

Tobin's Q is a measurement or ratio that defines a company's value as a combination of tangible assets and intangible assets. iThere are ifactors ithat ican determine aicompany's ivalue, including company size, leverage and profitability. The isize iof ithe company iis iconsidered iable ito iinfluence ithe ivalue iof ithe icompany ibecause ithe larger ithe scale ior size iof ithe icompany, ithe ieasier iit iwill ibe ifor icompanies ito iobtain funding isources, iboth iinternal and iexternali. Leverage shows the ability of a company to fulfill all financial obligations of the company if the company is liquidated. iProfitability is ithe ilevel iof aicompany's iability ito measure imanagement ieffectiveness icalculated iby the ipirofits igenerated from the company's isales iand investments. This study aims to see whether there is an influence of company size and leverage on the value of the company through profitability on the FNB companies listed on the Indonesia Stock Exchange for the period 2012-2018. The research method used is a quantitative descriptive approach and is explanatory research, namely research conducted by explaining or describing the influence exerted on a variable against other variables, so it can know the magnitude of the influence exerted. iThe idata ianalysis method iused iis iPartial iLeast iSquare (iPLS). The population in this study were 16 companies, sampling using purposive sampling obtained 12 companies with 7 years of observation to 84 observations. Inner evaluation results show that company isize, ileverage iand iprofitability can explain ithe ivalue iof ithe icompany iby 16.3% and ithe isize iof ithe icompany, leverage iand ivalue iof ithe icompany can explain iprofitability of 1.9%.