The Role of Capital Structure as Mediator in the Influence of Firm Characteristics and Maturity on Financial Performance
Vaniny Eka Trijayanti, Erwin Saraswati, Syaiful Iqbal
Asian Journal of Economics, Business and Accounting · pp. 33–43 · Published 16 May 2022
10.9734/ajeba/2022/v22i1530627Abstract
This study aims to determine the variables that can affect the financial performance of manufacturing firms listed on the Indonesia Stock Exchange (IDX) for the 2015-2019 period. A total of 59 firms were obtained using a non-probability approach with purposive sampling technique. The data was collected through an annual report and then analyzed using the Regression analysis tool and measured using a financial scale. The variables used in this study are: firm size, business risk, firm age, assets structure, growth rate, capital structure, and financial performance. Based on the results of data analysis and discussions that have been carried out in this study, it can be concluded that capital structure is able to influence the relationship between firm size and firm age on financial performance. However, capital structure cannot give a significant influence on the relationship between business risk, asset structure and growth rate on financial performance. In addition, this study can also prove that firm size, firm age, asset structure, growth rate and capital structure have a significant direct influence on financial performance.
Cited by 1
Zhi Li, Yue Liu, Wenxuan Huang · International Review of Economics & Finance · 2024
Related research
- Growth Kinetics of a Native Toxigenic Isolate of Bacillus Cereus under the Influence of Incubation Temperature, pH and Sodium Chloride in Broth System — shares topic coverage
- Growth Kinetic Profile of Candida albicans Under Varying Environmental Conditions — shares topic coverage
- Growth and Decomposition of Onion Production in Maharashtra, India — shares topic coverage
- Climate Change and Growth Rate of Food Grain Output in Nigeria (1970-2010) — shares topic coverage
- Characterization of Growth and Virulence of Five Nigerian Isolates of Entomopathogenic Fungi Using Galleria mellonella Larvae for Pathogenicity Testing — shares topic coverage
Article metrics
Real usage data collected on this platform.
0
Page views
0
PDF downloads
0
Outbound clicks
1
Citations
Views by country
Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".
No views recorded yet.
Traffic sources
Referring site, by host.
No traffic recorded yet.
Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.