Firm size and profitability in supporting firm value through earnings management

A decline in stock prices indicates a reduction in firm value for several manufacturing companies. This situation can cause investors to reconsider making investments. The existence of company size, profitability, and good earnings management can increase company value. This study examines the relationship between company size, profitability and earnings management in increasing company value. The data used in this study are secondary data obtained from the annual reports of consumer goods sector manufacturing listed on the Indonesia Stock Exchange published from 2018-2022. The research population comprises consumer goods sector manufacturing companies listed on the IDX. The sampling technique used is purposive sampling, resulting in 46 companies that can be used as samples in this study. This study employs purposive sampling and analyzes the data using a panel-data regression model. The research findings show that company size does not affect earnings management but does affect company value. Profitability affects earnings management but does not affect company value. Furthermore, earnings management affects company value but does not mediate the effect of company size and profitability on company value.