THE ROLE OF FINANCIAL DISTRESS AS MEDIATOR BETWEEN FINANCIAL PERFORMANCE AND FIRM VALUE

This study aims to determine the role of financial distress as a mediator between corporate financial performance and firm value. This research was conducted in mining companies listed on the Indonesia Stock Exchange in 2014-2019. This study uses quantitative research with an associative research de...

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Autores principales: Andari N.M.M., Rahyuda H.
Formato: article
Lenguaje:EN
RU
Publicado: Russian Journal of Agricultural and Socio-Economic Sciences 2021
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Acceso en línea:https://doaj.org/article/6b11639511b041db875ca62fa8756fac
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spelling oai:doaj.org-article:6b11639511b041db875ca62fa8756fac2021-12-04T08:12:38ZTHE ROLE OF FINANCIAL DISTRESS AS MEDIATOR BETWEEN FINANCIAL PERFORMANCE AND FIRM VALUE10.18551/rjoas.2021-11.062226-1184https://doaj.org/article/6b11639511b041db875ca62fa8756fac2021-11-01T00:00:00Zhttps://doaj.org/toc/2226-1184This study aims to determine the role of financial distress as a mediator between corporate financial performance and firm value. This research was conducted in mining companies listed on the Indonesia Stock Exchange in 2014-2019. This study uses quantitative research with an associative research design. The samples used were 26 mining companies. Determination of the sample completed using purposive sampling technique and path analysis technique. The results of this study indicate that financial distress is not able to mediate the effect of capital structure on firm value and operational efficiency on firm value. The practical implication that can be given from the results of this research is can be used as consideration for mining companies in determining the level of capital structure that takes into account the balance between benefits and costs, beside that sees the level of operational efficiency to increase firm value.Andari N.M.M.Rahyuda H.Russian Journal of Agricultural and Socio-Economic Sciencesarticlefinancial performancefirm valueoperational efficiencyAgriculture (General)S1-972ENRURussian Journal of Agricultural and Socio-Economic Sciences, Vol 119, Iss 11, Pp 55-64 (2021)
institution DOAJ
collection DOAJ
language EN
RU
topic financial performance
firm value
operational efficiency
Agriculture (General)
S1-972
spellingShingle financial performance
firm value
operational efficiency
Agriculture (General)
S1-972
Andari N.M.M.
Rahyuda H.
THE ROLE OF FINANCIAL DISTRESS AS MEDIATOR BETWEEN FINANCIAL PERFORMANCE AND FIRM VALUE
description This study aims to determine the role of financial distress as a mediator between corporate financial performance and firm value. This research was conducted in mining companies listed on the Indonesia Stock Exchange in 2014-2019. This study uses quantitative research with an associative research design. The samples used were 26 mining companies. Determination of the sample completed using purposive sampling technique and path analysis technique. The results of this study indicate that financial distress is not able to mediate the effect of capital structure on firm value and operational efficiency on firm value. The practical implication that can be given from the results of this research is can be used as consideration for mining companies in determining the level of capital structure that takes into account the balance between benefits and costs, beside that sees the level of operational efficiency to increase firm value.
format article
author Andari N.M.M.
Rahyuda H.
author_facet Andari N.M.M.
Rahyuda H.
author_sort Andari N.M.M.
title THE ROLE OF FINANCIAL DISTRESS AS MEDIATOR BETWEEN FINANCIAL PERFORMANCE AND FIRM VALUE
title_short THE ROLE OF FINANCIAL DISTRESS AS MEDIATOR BETWEEN FINANCIAL PERFORMANCE AND FIRM VALUE
title_full THE ROLE OF FINANCIAL DISTRESS AS MEDIATOR BETWEEN FINANCIAL PERFORMANCE AND FIRM VALUE
title_fullStr THE ROLE OF FINANCIAL DISTRESS AS MEDIATOR BETWEEN FINANCIAL PERFORMANCE AND FIRM VALUE
title_full_unstemmed THE ROLE OF FINANCIAL DISTRESS AS MEDIATOR BETWEEN FINANCIAL PERFORMANCE AND FIRM VALUE
title_sort role of financial distress as mediator between financial performance and firm value
publisher Russian Journal of Agricultural and Socio-Economic Sciences
publishDate 2021
url https://doaj.org/article/6b11639511b041db875ca62fa8756fac
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