Dinasti International Journal of Economics, Finance & Accounting (DIJEFA)
Vol. 6 No. 4 (2025): Dinasti International Journal of Economics, Finance & Accounting (September - O

Analysis of the Influence of Internal Factors on Firm Performance: A Systematic Literature Review

Febriyanti, Angela Devi (Unknown)
Nugroho, Bernardus Yuliarto (Unknown)



Article Info

Publish Date
31 Aug 2025

Abstract

This study aims to systematically examine the influence of capital structure, liquidity, and profitability on firm value and performance, based on nine scholarly articles published between 2012 and 2024. The method used is a Systematic Literature Review (SLR) with a PRISMA-based approach to select and analyze relevant articles. The synthesis results show that capital structure (measured by DER), liquidity (CR, FDR), and profitability (ROA, ROE, NIM) have varying effects depending on the industrial sector, research period, and geographical context. Capital structure tends to negatively affect firm performance when leverage is excessively high, while profitability generally correlates positively with firm value. Liquidity demonstrates mixed effects—both positive and negative—depending on how it is managed. This study contributes to the development of financial management and industrial engineering by emphasizing the importance of a holistic and data-driven approach in strategic corporate decision-making.

Copyrights © 2025






Journal Info

Abbrev

DIJEFA

Publisher

Subject

Economics, Econometrics & Finance

Description

The author is invited to submit a paper for Dinasti International Journal of Economics, Finance & Accounting (DIJEFA). Topics related to this journal include but are not limited to: Accounting and financial reporting Audit Accounting management Taxation Corporate finance Personal finance Financial ...