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Agung Wibowo
Faculty of Economics and Business, Universitas 17 Agustus 1945 Semarang, Semarang, Indonesia

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Strategy To Increasie Corporate Value Through Mediation Of Financing Posture And Profitability Agung Wibowo
Jurnal Akuntansi Vol. 27 No. 2 (2023): May 2023
Publisher : Fakultas Ekonomi dan Bisnis Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/ja.v27i2.1440

Abstract

Increasing the value is important for the corporate, the determinants of which include financing posture, profitability, growth, and size. This research aims to prove the intermediary role of financing posture and profitability in the strategy of increasing corporate value. Data was collected from companies in the LQ 45 index group February to July 2022. The results prove that profitability and size have a substantial positive contribution on corporate value. The financing posture and growth have a substantial negative contribution on corporate value. Profitability and size have a substantial negative contribution on financing posture. Growth has a non-substantial positive contribution on financing posture, but a substantial negative contribution on profitability. The financing posture mediates the contribution of profitability and size on corporate value, but does not mediate the contribution of growth on corporate value. Profitability is a semi-mediation variable for the contribution of growth on corporate value.