PROFITABILITY AND GROWTH OPPORTUNITY’S ROLE IN RELATION TO SUSTAINABLE GROWTH RATE WITH COMPANY SIZE AS A MODERATING VARIABLE
DOI:
https://doi.org/10.36563/9nrega49Keywords:
Profitability, Opportunity Growth, Sustainable Growth Rate, Company SizeAbstract
This study aims to investigate how firm size and profitability affect manufacturing companies' Sustainable Growth Rate (SGR) between 2019 and 2023. Secondary data from the companies' yearly financial reports, which were released throughout a five-year period, was used in a quantitative manner. The study shows that both factors are key drivers of sustainable company growth. High profitability indicates the efficiency and financial health of the company in generating profits, while opportunity growth reflects the potential for future business expansion and development. These two variables positively affect SGR because they enable companies to grow without excessive dependence on external sources of funding. However, corporate size can have a moderating effect on their impact on SGR; large companies typically have more consistent resources and access to wider finance, which strengthens this beneficial benefit. Conversely, small companies may face structural barriers that reduce the effectiveness of the impact of profitability and opportunity growth on SGR, making the company size variable important in clarifying and moderating this relationship.
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