Factors Affecting Firm Performance: DER as Intervening Variable
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 03
Abstract
This study aims to analyze the effect of tangibility, growth opportunity, firm age and capital structure on firm performance with capital structure as intervening variables in manufacturing companies in the sub-sector of goods and consumption listed on the Indonesia Stock Exchange in 2017-2021. The sampling technique in this study uses the purposive sampling method. The research method used was quantitative research with a sample of 14 Food and Beverage companies listed on the Indonesia Stock Exchange. The analysis used is the path analysis using SPSS version 23. The results showed that growth opportunities and firm age had an effect on company performance. While tangibility and capital structure have no effect on company performance. Capital structure cannot mediate the relationship between tangibility and firm performance. Capital structure cannot mediate the relationship between growth opportunity and firm performance. Capital structure cannot mediate the relationship between Firm Age and Firm Performance.
Authors and Affiliations
Lisning Wiji Lestari, Fatchan Achyani, Triyono
Keywords
Related Articles
- EP ID EP726916
- DOI 10.47191/jefms/v6-i3-27
- Views 66
- Downloads 0
Foreign Dependency and Economic Growth Nexus in Kenya
Foreign dependency is an economic phenomenon, which is characterized by asymmetrical benefits, favouring specific countries at the expense of others, and impeding the growth potential of dependent economies. The main obj...
Analysis of Service Quality, Brand Trust and Price Perception on Customer Satisfaction in the Prodia Surakarta Clinic Laboratory
Health is one of the essential human needs that cannot be ignored, especially when planning and carrying out daily activities. The existence of health services is an important part of national development, especially as...
The Impact of Service Quality on Customer Satisfaction at 5-Star Hotels in Central Jakarta
The challenges faced by the hospitality industry differ from those encountered by organizations producing tangible products, primarily due to the distinct nature of services compared to products. In the service industry,...
Examining Livelihood Status of Migrants: A Case Study of Barpeta Road Town, Assam
The objective of this article is to examine the life realities of the rural urban migrants of Barpeta Road town, who came from the different adjoining villages of the Barpeta town. In the present study, we have randomly...
Competitive Strategy of Sunan Drajat Islamic Boarding School Business in Lamongan
Pondok Pesantren Sunan Drajat (PPSD) is one of the Islamic boarding schools that has a high spirit of economic independence, by establishing several Institution-Owned Business. This Business Unit seems to be developing i...