Role Of Debt Level In Mediating Effect Between Firm Size On Firm Value(Empirical Study Of Companies Listed On LQ 45 Indonesia Stock Exchange)

Abstract

The purpose ofstudy is to analyze howinfluence of firm size on firm value withlevel of debt as a mediating variable.sample consisted of 26 companies listed on LQ45 index 2014-2016.study uses Structural Equation Modelling (SEM) withhelp of AMOS 21 software.results showed: (1) firm size had a negative and significant effect on firm value; and (2)level of debt is proven to be able to mediate (partial mediating)relationship between company size and firm value.