cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Sri Yayu Ninglasari
Contact Email
sri.yayu@its.ac.id
Phone
+6285846213489
Journal Mail Official
ijbmts@its.ac.id
Editorial Address
Research Center Building Floor L Institut Teknologi Sepuluh Nopember East Java, 60111 Indonesia
Location
Kota surabaya,
Jawa timur
INDONESIA
International Journal of Business and Management Technology in Society (IJBMTS)
Published by Institut Teknologi Sepuluh Nopember Surabaya
ISSN : -     EISSN : 30254256     DOI : -
Core Subject : Economy, Social,
Economics, Econometrics & Finance Social Sciences
The International Journal of Business and Management Technology in Society (IJBMTS) is a peer-reviewed, open-access journal that publishes original research articles, review articles, and case studies in the fields of business, management, and management of technology. The journal aims to provide a platform for scholars, practitioners, and policymakers to exchange ideas and share knowledge on how business and management of technology practices can contribute to the advancement of the society. The journal welcomes submissions from authors around the world and encourages interdisciplinary perspectives. Focus and Scope -Human Resource Management -Operations & Supply Chain Management -Accounting & Governance -Financial Management -International Business -Information Management -Management of Technology -Enterprise System -Innovation & Entrepreneurship -Social Entrepreneurship -Knowledge Management -Business Model & Development -Economics & Econometric -Strategic Management -Small Medium Enterprises -Marketing & Branding -Corporate social responsibility
Arjuna Subject : Bisnis, Menejemen, dan Akutansi (semua kategori) - Bisnis, Menejemen, dan Akutansi (Lain-Lain)
Articles 1 Documents
 1 
Search results for , issue "Vol. 2 No. 1 (2024)" : 1 Documents clear
The Influence of Foreign Ownership and Leverage on Firm Value with Financial Distress as an Intervening Variable B. Andini Nugrahaning Wdhi; Enny Susilowati Mardjono
International Journal of Business and Management Technology in Society Vol. 2 No. 1 (2024)
Publisher : Direktorat Riset dan Pengabdian Kepada Masyarakat, Institut Teknologi Sepuluh Nopember

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.12962/j30254256.v2i1.1073

Abstract

Purpose – This research aims to analyse the effect of foreign ownership and leverage on firm value, with financial distress as an intervening variable, specifically in multinational food and beverage companies listed on the Indonesia Stock Exchange. Methodology – This research employs a quantitative approach using multiple regression analysis and path analysis. Data from 2018 to 2022 were analyzed, focusing on foreign ownership, leverage (measured by Debt-to-Equity Ratio), financial distress (using financial ratios), and firm value (measured by Price to Book Value). Findings – Financial distress can be used as an intervening variable between foreign ownership and firm value, where financial distress affects foreign ownership and financial distress also affects firm value. Financial distress cannot be used as an intervening factor between leverage and firm value, where financial distress affects firm value, but financial distress does not affect the leverage variable. Research limitations – This research is limited by its five-year observation period and focuses only on financial ratios within the multinational food and beverage sector in Indonesia. Future research could expand by including different sectors, longer timeframes, and a broader range of financial indicators. Practical implications – This research provides practical insights for investors and corporate managers, especially in multinational firms, regarding the importance of foreign ownership structures and financial health in enhancing firm value.

Page 1 of 1 | Total Record : 1

 1 

Filter by Year

2024 2024


Reset
Filter By Issues
All Issue Vol. 2 No. 2 (2024) Vol. 2 No. 1 (2024) Vol. 1 No. 2 (2023) Vol. 1 No. 1 (2023)