PENGARUH PENDAPATAN PREMI DAN HASIL INVESTASI TERHADAP NILAI PERUSAHAAN DENGAN MODERASI PROFITABILITAS

Abstract

This research aimed to examine the effect of premi revenue and investment result on the firm value with profitability as a moderating variable. The research was quantitative, in which focused on the hypothesis examination and also the mathematics and statistic formula. Moreover, the data were secondary. Furthermore, the data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 64 observation samples from 16 Life Insurance companies that had filled with the criteria listed on the Indonesia Stock Exchange (IDX) during 4 periods of 2018-2021. Additionally, the data analysis technique used multiple linear regression and moderating analysis. The result stated that premi revenue did not affect the firm value. On the other hand, the investment result had a significantly positive effect on the firm value. Likewise, premium revenue with profitability as a moderating variable; had a significantly positive effect on the firm value. However, the investment result with profitability as a moderating variable did not affect the firm value.