THE EFFECT OF PROFITABILITY AND SOLVENCY RATIOS ON COMPANY VALUE WITH GCG AS A MODERATION VARIABLE IN PLASTICS AND PACKAGING SUB SECTOR MANUFACTURING COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE FROM 2017 TO 2021
DOI:
https://doi.org/10.24034/icobuss.v3i1.457Abstract
This study aims to determine the effect of profitability and solvency ratios on company value with good corporate governance as a moderation variable in the plastics and packaging sub-sector manufacturing companies listed on the Indonesian Stock Exchange from 2017 to 2021. The statistical analysis technique uses the EViews 9 application. The Random Effect Model is the most appropriate model for the company. This study found that company management using profitability ratio has a negative and insignificant effect. Solvency ratio has a positive and insignificant effect. Good corporate governance is unable to moderate the effect of both profitability and solvency ratios on company value.