The Influence of Capital Structure and Liquidity on Company Value Mediated by Financial Performance in Automotive Subsector Manufacturing Companies Listed on the IDX 2019-2023
1Abdul Rohim, 2Achmad Hilal Akbar Ramadhan, 3Widy Taurus Sandy, 4Arum Wahyu Ningsih
1,2,3,4ITBIS PGRI Dewantara Jombang
https://doi.org/10.47191/jefms/v8-i3-07ABSTRACT:
This study aims to determine the influence of the influence of capital structure and liquidity on company value in financial performance mediation in manufacturing companies in the automotive sub-sector listed on the IDX in 2019-2023. This study uses a quantitative approach with the explanatory research method, the number of samples is 10 companies with 50 data used. The results of this study show that capital and liquidity structure are not able to improve financial performance, capital structure and liquidity are not able to increase company value, and financial performance cannot be an intermediary between capital structure and liquidity to company value.
KEYWORDS:
Capital Structure, Liquidity, Company Value, Financial Performance
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