The role of market value management and liquidity management in the shareholder equity management-firm performance relationship
This research examines how Market Value Management (MVM) and Liquidity Management (LM) influence the relationship between Shareholder Equity Management and firm performance. Using data from 1166 Australian companies (2015–2023), we find that MVM and LM significantly moderate this U-shaped relationsh...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2025-12-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2025.2464950 |
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| _version_ | 1849687611837251584 |
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| author | Chenxu Zhu Xueji Liang Jiayi Yao |
| author_facet | Chenxu Zhu Xueji Liang Jiayi Yao |
| author_sort | Chenxu Zhu |
| collection | DOAJ |
| description | This research examines how Market Value Management (MVM) and Liquidity Management (LM) influence the relationship between Shareholder Equity Management and firm performance. Using data from 1166 Australian companies (2015–2023), we find that MVM and LM significantly moderate this U-shaped relationship. High MVM enhances market performance and investor expectations, while high LM ensures financial stability and flexibility. Our findings highlight the critical role of financial management in enhancing firm performance, contributing to the understanding of effective global financial strategies. |
| format | Article |
| id | doaj-art-a98c9435beb94140b615a241a5fa2cc5 |
| institution | DOAJ |
| issn | 2331-1975 |
| language | English |
| publishDate | 2025-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj-art-a98c9435beb94140b615a241a5fa2cc52025-08-20T03:22:16ZengTaylor & Francis GroupCogent Business & Management2331-19752025-12-0112110.1080/23311975.2025.2464950The role of market value management and liquidity management in the shareholder equity management-firm performance relationshipChenxu Zhu0Xueji Liang1Jiayi Yao2Department of Management, Australian National University, AustraliaDepartment of Strategic Management and Organisations, International Business School Suzhou, Xi’an Jiaotong-Liverpool University, ChinaDepartment of Finance, Australian National University, AustraliaThis research examines how Market Value Management (MVM) and Liquidity Management (LM) influence the relationship between Shareholder Equity Management and firm performance. Using data from 1166 Australian companies (2015–2023), we find that MVM and LM significantly moderate this U-shaped relationship. High MVM enhances market performance and investor expectations, while high LM ensures financial stability and flexibility. Our findings highlight the critical role of financial management in enhancing firm performance, contributing to the understanding of effective global financial strategies.https://www.tandfonline.com/doi/10.1080/23311975.2025.2464950Market value managementliquidity managementshareholder equity managementfirm performanceinternationalized firmsStrategic Management |
| spellingShingle | Chenxu Zhu Xueji Liang Jiayi Yao The role of market value management and liquidity management in the shareholder equity management-firm performance relationship Cogent Business & Management Market value management liquidity management shareholder equity management firm performance internationalized firms Strategic Management |
| title | The role of market value management and liquidity management in the shareholder equity management-firm performance relationship |
| title_full | The role of market value management and liquidity management in the shareholder equity management-firm performance relationship |
| title_fullStr | The role of market value management and liquidity management in the shareholder equity management-firm performance relationship |
| title_full_unstemmed | The role of market value management and liquidity management in the shareholder equity management-firm performance relationship |
| title_short | The role of market value management and liquidity management in the shareholder equity management-firm performance relationship |
| title_sort | role of market value management and liquidity management in the shareholder equity management firm performance relationship |
| topic | Market value management liquidity management shareholder equity management firm performance internationalized firms Strategic Management |
| url | https://www.tandfonline.com/doi/10.1080/23311975.2025.2464950 |
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