Owner : Riset dan Jurnal Akuntansi
Vol. 9 No. 1 (2025): Artikel Riset Periode Januari 2025

Financial Performance As Mediator Between Size, Liquidity, And Ownership On Firm Value

Widhi, B. Andini Nugrahaning (Unknown)
Herry Subagyo (Unknown)
Retno Indah Hernawati (Unknown)
Vincent Didiek Wiet Aryanto (Unknown)
Dwi Eko Waluyo (Unknown)



Article Info

Publish Date
01 Jan 2025

Abstract

The world economy has been in turmoil for the past five years, causing an impact on the company's economy due to the Covid-19 pandemic. where this study is to explore how financial performance mediates the impact of company size, liquidity, and foreign ownership on company value in the consumer goods industry listed on the Indonesia Stock Exchange during 2018 to 2022. Regression analysis, along with the Sobel test, is used to test this relationship. Interestingly, despite the expectation that financial performance can bridge the gap between the independent and dependent variables, the results of the Sobel test show no mediation effect. As a result, the relationship between company size, liquidity, foreign ownership, and company value is direct. For further research, expanding the scope of the study to cover various sectors, extending the time period, and combining various financial ratios can provide a more comprehensive understanding.

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Journal Info

Abbrev

owner

Publisher

Subject

Economics, Econometrics & Finance

Description

Owner (Riset dan Jurnal Akuntansi) adalah jurnal akademik yang berlandaskan nilai nilai keilmiahan. Owner diterbitkan 2 kali dalam setahun dengan periode Februari dan Agustus dipublikasikan oleh Program Studi Akuntansi Perguruan Tinggi Politeknik Ganesha Medan. Ruang Lingkup : Akuntansi Keuangan; ...