Pengaruh ROA dan DER Dimoderasi oleh Kepemilikan Manajerial Terhadap Nilai Perusahaan

Firm value is an important concept for investors because it a market measure of the firm's overall value. In this study, purpose study to examine impact ROA and DER on firm value, with management ownership as moderating variable. dependent variable which measured using Tobin's Q. analytical technique used moderated regression analysis. The test results, first has large good consumption sector company, while second managerial cannot moderate company third fourth, strengthens effect limitation lies in classification sample only uses period 2018 – 2020 result, results be generalized see variables manufacturing companies whole.