This study aims to examine and analyze the factors that influence voluntary disclosure and firm value in financial companies. The object of research is a financial company listed on the Indonesia Stock Exchange. Determination of the sample using purposive sampling technique is a sampling technique with certain considerations. The total population in this study was 30 companies. Data collection is done by means of documentation in the form of financial report data with data analysis using moderated regression analysis (MRA). The results show that: first, leverage has a positive effect on firm value. Second, working capital has a positive effect on firm value. Third, profitability has a positive effect on firm value. Fourth, voluntary disclosure has a positive effect on firm value. Fifth, leverage has a positive effect on firm value mediated by voluntary disclosure. Sixth, working capital has a positive effect on firm value mediated by voluntary disclosure. Seventh, profitability has a positive effect on firm value mediated by voluntary disclosure. Eighth, leverage, working capital, profitability and voluntary disclosure have a simultaneous effect on firm value.

Keywords : Leverage, Working Capital, Profitability, Voluntary Disclosure, Firm Value