Capital structure, profitability, hedging policy, firm size, and firm value: Mediation and moderation analysis

This study aims to ascertain how the capital structure affects firm value via profitability moderated by hedging practices and size. Verification analysis is used in this study, with data techniques through conditional process analysis. Companies from miscellaneous industrial sectors that were listed on Indonesia Stock Exchange between 2016 2020 make up research population. The showed that: profitability; affect value; does not mediate effect of value, which policies size; size do moderate indirect value. conclusion crucial for decision-makers who aim optimize raise business