Article Per Year (5 Year)
p-Index From 2021 - 2026
1.623
P-Index
This Author published in this journals
All Journal Jurnal Ilmiah Akuntansi Kesatuan Journal of Advanced Multidisciplinary Research Bima Journal : Business, Management and Accounting Journal Jurnal Ilmiah Sultan Agung Jurnal Dinamika Akuntansi Indonesian Journal of Sustainability Lughawiyyat: Jurnal Pendidikan Bahasa dan Sastra Arab Folia Medica Indonesiana
Shodiq, Muhammad Ja'far
Unknown Affiliation
Religion Aerospace Engineering Humanities Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Civil Engineering, Building, Construction & Architecture Computer Science & IT Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Electrical & Electronics Engineering Environmental Science Health Professions Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Mechanical Engineering Medicine & Pharmacology Neuroscience Nursing Public Health Social Sciences Other

Published : 11 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 11 Documents
Search

 1   2 
Ownership Structure And Firm Value: The Mediating Role Of Financial Performance Wijayanti, Mita Meilina; Shodiq, Muhammad Ja'far
BIMA Journal (Business, Management, & Accounting Journal) Vol. 6 No. 2 (2025)
Publisher : Perkumpulan Dosen Muda (PDM) Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37638/bima.6.2.793-806

Abstract

Purpose: This study examines the direct and indirect effects of institutional ownership and managerial ownership on firm value, with financial performance as a mediating variable. Methodology: The study utilizes secondary data from 155 manufacturing firms listed on the Indonesia Stock Exchange (IDX) for the 2020–2023 period. A purposive sampling technique is used, and data are analyzed using SPSS 26 with regression and path analysis. Findings: Institutional ownership negatively affects firm value and positively affects financial performance. Managerial ownership positively influences firm value but does not affect financial performance. Financial performance positively influences firm value. Results: Financial performance mediates the relationship between institutional ownership and firm value but does not mediate the relationship between managerial ownership and firm value. Novelty: This study extends existing literature by testing the mediating effect of financial performance using recent post-pandemic data. Originality: The research uniquely contributes by combining ownership structure variables with financial mediation in an emerging market context. Conclusions: Institutional monitoring increases financial performance but may negatively signal firm value. Managerial ownership improves firm value directly but lacks effect on profitability. Type of Paper: Empirical research paper.
Co-Authors Ananda Zalfa Firdaus Anisyah, Anisyah Christrijogo Soemartono Waloejo Dharmawan, Muhammad Asnan Zulfikar Dina Ayu Wulandari Ermawati Ermawati Fauzi, Asra Al Khatamy, Azizah Azmi Lalu Rahmat Sugiara Machin, Abdulloh Maulana, Farhan Maulana, Muhammad Ihzul Nawancatur, Aldila Dwi Septa Nurul Zhafirah Muslim Rosalina, Rita Shabihah, Khansa Siregar, Amy Fitriani Wijayanti, Mita Meilina