Article Per Year (5 Year)
p-Index From 2021 - 2026
0.408
P-Index
This Author published in this journals
All Journal Relevance: Journal of Management and Business Jurnal Informatika Ekonomi Bisnis
Elryanti
Unknown Affiliation
Economics, Econometrics & Finance

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Financial Flexibility and Financial Constraints: Firm-Level Empirical Evidence Elryanti; Satrio, Arif Budi
Relevance: Journal of Management and Business Vol. 8 No. 2 (2025): December
Publisher : UIN Raden Mas Said Surakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22515/relevance.v8i2.13197

Abstract

Increasing market competition means that business sustainability depends not only on innovation capacity but also on adaptive financial strategies. One crucial issue related to this strategy is financial flexibility, which enables companies to manage their liquidity and debt capacity effectively in response to funding challenges. This study advances the literature by examining 144 firms (2020-2024) using multidimensional financial flexibility proxies combined with a validated financial constraints index, thereby generating new evidence from Indonesia's institutional environment. Fixed effects, random effects, and the two-step system generalized method of moments analyses were conducted to ensure robustness. Empirical results indicate that financial flexibility has a significant negative impact on financial constraints. These results confirm the crucial role of internal mechanisms in reducing dependence on external funding. This study validates financial flexibility as a strategic instrument in mitigating market imperfections and providing practical insights for companies and regulators in emerging markets.
Peranan Good Corporate Governance dalam Memitigasi Kendala Keuangan Elryanti; Satrio, Arif Budi
Jurnal Informatika Ekonomi Bisnis Vol. 7, No. 4 (December 2025)
Publisher : SAFE-Network

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37034/infeb.v7i4.1327

Abstract

Understanding the role of good corporate governance in mitigating financial constraints is increasingly urgent due to fluctuating capital market pressures. Access to external financing determines their ability to invest and ensure company sustainability. This study aims to analyze the role of corporate governance in the dynamics of funding access for companies in the non-primary consumer goods sector in Indonesia during the 2020-2024 period. Funding access reflects financial constraints using the SA Index as a proxy, while corporate governance is determined based on structural indicators and governance disclosure. The results of the regression modeling analysis indicate that companies with better governance tend to face lower funding constraints. This study concludes that governance plays a significant role in strengthening company credibility and reducing financing risks. These findings are useful as they can serve as a basis for companies and stakeholders in formulating more effective governance strategies and funding policies.
Co-Authors Arif Budi Satrio