Strategi keuangan, corporate governance, dan nilai perusahaan: Peran mediasi profitabilitas
Purpose - This research examines the influence of Financial Strategy (Working Capital and Capital Structure) and Corporate Governance on Firm Value, with profitability as an intervening variable. Method - The research was conducted on companies listed in the Kompas 100 Index on the Indonesia Sto...
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| Format: | Article |
| Language: | English |
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Universitas Surabaya FEB, Jurusan Akuntansi
2025-05-01
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| Series: | Akuntansi dan Teknologi Informasi |
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| Online Access: | https://journal.ubaya.ac.id/index.php/jati/article/view/7372 |
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| _version_ | 1849715018440900608 |
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| author | Gita Purwanda Umi Muawanah |
| author_facet | Gita Purwanda Umi Muawanah |
| author_sort | Gita Purwanda |
| collection | DOAJ |
| description |
Purpose - This research examines the influence of Financial Strategy (Working Capital and Capital Structure) and Corporate Governance on Firm Value, with profitability as an intervening variable.
Method - The research was conducted on companies listed in the Kompas 100 Index on the Indonesia Stock Exchange during 2021-2022. Samples were selected using purposive sampling and analyzed using path analysis.
Findings - The Results reveal significant positive effects of Working Capital Management, Capital Structure, and Corporate Governance on Profitability. This underscores the potential of a well-crafted financial strategy to enhance profitability. Conversely, working capital management and corporate governance significantly negatively impact Firm Value, while Capital Structure and Profitability demonstrate significant positive influences. Profitability effectively mediates the relationship between Working Capital, Capital Structure, Corporate Governance, and Firm Value.
Implications - These findings have significant practical implications. They serve as a valuable reference for management, providing insights on how to optimize financial decisions and governance to maximize firm value. For investors, this research offers important indicators for evaluating investment prospects, empowering them to make informed decisions.
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| format | Article |
| id | doaj-art-928fa314244e4ee3ba363c672222d0a0 |
| institution | DOAJ |
| issn | 1412-5994 2614-8749 |
| language | English |
| publishDate | 2025-05-01 |
| publisher | Universitas Surabaya FEB, Jurusan Akuntansi |
| record_format | Article |
| series | Akuntansi dan Teknologi Informasi |
| spelling | doaj-art-928fa314244e4ee3ba363c672222d0a02025-08-20T03:13:32ZengUniversitas Surabaya FEB, Jurusan AkuntansiAkuntansi dan Teknologi Informasi1412-59942614-87492025-05-0118110.24123/jati.v18i1.7372Strategi keuangan, corporate governance, dan nilai perusahaan: Peran mediasi profitabilitasGita Purwanda0Umi Muawanah1Accounting Department, University of Gajayana Malang, IndonesiaAccounting Department, University of Gajayana Malang, Indonesia Purpose - This research examines the influence of Financial Strategy (Working Capital and Capital Structure) and Corporate Governance on Firm Value, with profitability as an intervening variable. Method - The research was conducted on companies listed in the Kompas 100 Index on the Indonesia Stock Exchange during 2021-2022. Samples were selected using purposive sampling and analyzed using path analysis. Findings - The Results reveal significant positive effects of Working Capital Management, Capital Structure, and Corporate Governance on Profitability. This underscores the potential of a well-crafted financial strategy to enhance profitability. Conversely, working capital management and corporate governance significantly negatively impact Firm Value, while Capital Structure and Profitability demonstrate significant positive influences. Profitability effectively mediates the relationship between Working Capital, Capital Structure, Corporate Governance, and Firm Value. Implications - These findings have significant practical implications. They serve as a valuable reference for management, providing insights on how to optimize financial decisions and governance to maximize firm value. For investors, this research offers important indicators for evaluating investment prospects, empowering them to make informed decisions. https://journal.ubaya.ac.id/index.php/jati/article/view/7372Nilai PerusahaanStrategi Modal KerjaStruktur ModalCorporate GovernanceProfitabilitas |
| spellingShingle | Gita Purwanda Umi Muawanah Strategi keuangan, corporate governance, dan nilai perusahaan: Peran mediasi profitabilitas Akuntansi dan Teknologi Informasi Nilai Perusahaan Strategi Modal Kerja Struktur Modal Corporate Governance Profitabilitas |
| title | Strategi keuangan, corporate governance, dan nilai perusahaan: Peran mediasi profitabilitas |
| title_full | Strategi keuangan, corporate governance, dan nilai perusahaan: Peran mediasi profitabilitas |
| title_fullStr | Strategi keuangan, corporate governance, dan nilai perusahaan: Peran mediasi profitabilitas |
| title_full_unstemmed | Strategi keuangan, corporate governance, dan nilai perusahaan: Peran mediasi profitabilitas |
| title_short | Strategi keuangan, corporate governance, dan nilai perusahaan: Peran mediasi profitabilitas |
| title_sort | strategi keuangan corporate governance dan nilai perusahaan peran mediasi profitabilitas |
| topic | Nilai Perusahaan Strategi Modal Kerja Struktur Modal Corporate Governance Profitabilitas |
| url | https://journal.ubaya.ac.id/index.php/jati/article/view/7372 |
| work_keys_str_mv | AT gitapurwanda strategikeuangancorporategovernancedannilaiperusahaanperanmediasiprofitabilitas AT umimuawanah strategikeuangancorporategovernancedannilaiperusahaanperanmediasiprofitabilitas |