Published March 1, 2023 | Version https://www.theijbmt.com/archive/0948/2056055046.pdf
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Mediating Financial Performance on Firm Value

Authors/Creators

  • 1. Master Of Accounting UMS,

Description

This study examines the mediating effect of financial performance on firm value in manufacturing companies that have been listed on The Indonesian Stock Exchange for the 2015-2018. Financial performance is proxied using capital structure, asset growth, and intangible assets. The population size is 155 companies with a sample size of 49 manufacturing companies listed on the Indonesia Stock Exchange for the 2015-2018 period. The analysis method uses path analysis to determine direct and indirect effects. The results showed that financial performance did not mediate the effect of capital structure on firm value, financial performance mediated the effect of asset growth on firm value, and financial performance mediated the effect of intangible assets on firm value.

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