International Journal of Multidisciplinary Approach Research and Science
Том 2 № 03 (2024): International Journal of Multidisciplinary Approach Research and Science

Influence of Financial Performance on Financial Distress with Company Value as an Intervening Variable: Empirical Study of Construction Companies Listed on the Indonesian Stock Exchange 2020-2022

Sitepu, Latresia Aprilia BR (Unknown)
Yuliusman, Yuliusman (Unknown)
Kusumastuti, Ratih (Unknown)



Article Info

Publish Date
15 Jun 2024

Abstract

This research aims to determine the effect of financial performance on financial distress with company value as an intervening variable in construction companies listed on the Indonesia Stock Exchange in 2020-2022. The number of samples in this research was 19 companies with an observation period of 3 years so the total research sample was 57. The results of this research show that: (1) Financial performance has a positive and significant effect on company value. (2) Financial performance has a positive and significant effect on financial distress. (3) Company value has a negative and insignificant effect on financial distress. (4) Financial performance has a negative and insignificant effect on financial distress with company value as an intervening variable.

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Journal Info

Abbrev

ijmars

Publisher

Subject

Agriculture, Biological Sciences & Forestry Chemical Engineering, Chemistry & Bioengineering Economics, Econometrics & Finance Immunology & microbiology Social Sciences

Description

The mission of the International Journal of Multidisciplinary Approach Research and Science (IJMARS) is to promote excellence by providing a venue for academics, students, and practitioners to publish current and significant empirical and conceptual research or builds theory. The journal is a ...