Article Per Year (5 Year)
p-Index From 2020 - 2025
3.078
P-Index
This Author published in this journals
All Journal Jurnal Perspektif Ekonomi Darussalam Jurnal Ekonika : Jurnal Ekonomi Universitas Kadiri Jurnal Pendidikan Ekonomi & Bisnis Jurnal Pengabdian Pada Masyarakat Inovasi : Jurnal Ekonomi, Keuangan, dan Manajemen JIMFE (Jurnal Ilmiah Manajemen Fakultas Ekonomi) IKRA-ITH EKONOMIKA Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences Jurnal Ilmiah ASET Indonesian Journal of Society Engagement (IJSE) Jurnal Pengabdian dan Edukasi Sekolah (Jubaedah) Educoretax Journal of Law, Administration, and Social Science Jurnal Riset Manajemen dan Bisnis Journal of Accounting and Finance Management (JAFM) Indonesian Journal of Islamic Economics and Finance
Suciati, Ranila
Universitas Pembangunan Nasional Veteran Jakarta, Indonesia
Religion Agriculture, Biological Sciences & Forestry Arts Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Engineering Environmental Science Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Mathematics Social Sciences Other

Published : 21 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Jurnal Ekonika : Jurnal Ekonomi Universitas Kadiri

 1 
The Serial Mediation Role of Dividend Policy and Capital Structure in Relationship Between Financial Flexibility and Financial Performance Indrawati, Nur Khusniyah; Jazuli, A Muhamad; Suciati, Ranila; Alfathya, Atmaya Fitra
Ekonika : Jurnal Ekonomi Universitas Kadiri Vol. 10 No. 2 (2025): September
Publisher : Fakultas Ekonomi Universitas Kadiri

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30737/ekonika.v10i2.6349

Abstract

This research aimed to investigate the serial mediation role of dividend policy and capital structure in the relationship between financial flexibility and financial performance. The population of this research consists of property and real estate companies listed on the Indonesia Stock Exchange (IDX) over the 13 years (2010 to 2022). Purposive sampling was used. Based on the determined criteria, six companies were chosen as the sample of this research. Data were collected from financial reports on the IDX website to obtain proxies for each variable used. The data analysis used descriptive and inferential statistics, including Path Analysis and the Sobel test, to examine mediation. The results show that of the 10 proposed hypotheses, four are not significant: financial flexibility does not significantly affect financial performance, either directly or through capital structure, or through the serial mediation of dividend policy and capital structure. Financial flexibility also does not directly affect capital structure. This provides empirical evidence that managing cash holdings alone, as a risk-free asset, is insufficient to mitigate risk and improve financial performance, given that property and real estate companies require large capital expenditures due to their inherent characteristics.
Co-Authors A Muhamad Jazuli, A Muhamad Alfathya, Atmaya Fitra Diana Triwardhani Fachri Hayqal Gatot Nazir Ahmad Hani Novanti Heni Nastiti Inggit Setiyadi Jaya, Belardo Prasetya Mega Kintan Adela Putri Lina Aryani Maharani, Clara Karmelia Mariyani, Endang Marlina Muhammad Rifqi Fahreza Nur Khusniyah Indrawati Pahrudin, Asep R. Parianom Ranti Nugraheni Siti Hidayati Siti Maulita Unggul Purwohedi Utami, Kery Zachkaria Rialmi Zackharia Rialmi Zackharia Rialmi Zackharia Rialmi