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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Russian Journal of Agricultural and Socio-Economic Sciences
2021
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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) |
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EN RU |
topic |
financial performance firm value operational efficiency Agriculture (General) S1-972 |
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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 |
work_keys_str_mv |
AT andarinmm theroleoffinancialdistressasmediatorbetweenfinancialperformanceandfirmvalue AT rahyudah theroleoffinancialdistressasmediatorbetweenfinancialperformanceandfirmvalue AT andarinmm roleoffinancialdistressasmediatorbetweenfinancialperformanceandfirmvalue AT rahyudah roleoffinancialdistressasmediatorbetweenfinancialperformanceandfirmvalue |
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1718372799944327168 |