Powered by OpenAIRE graph
Found an issue? Give us feedback
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/ ZENODOarrow_drop_down
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
ZENODO
Article . 2025
License: CC BY
Data sources: ZENODO
Global Journal of Economic and Finance Research
Article . 2025 . Peer-reviewed
Data sources: Crossref
ZENODO
Article . 2025
License: CC BY
Data sources: Datacite
ZENODO
Article . 2025
License: CC BY
Data sources: Datacite
versions View all 3 versions
addClaim

Determinants of Corporate Financial Performance: A Study in the Indonesian Capital Market

Authors: Neni Meidawati; Aryanto Ramadhani;

Determinants of Corporate Financial Performance: A Study in the Indonesian Capital Market

Abstract

This study aims to examine the influence of various factors on the financial performance of companies listed on the Indonesia Stock Exchange (IDX) under the IDXHIDIV20 index from 2015 to 2022. The research employs purposive sampling to collect data, utilizing secondary data sourced from annual financial reports. The independent variables in this study include leverage (DER), liquidity (CR), capital structure (DAR), sales growth (SG), and firm size (ASSETS), while the dependent variable is return on assets (ROA), which serves as a proxy for corporate performance. The study analyzes data from 12 companies out of a total population of 20. Multiple linear regression analysis is used to evaluate the data. The findings reveal that leverage, liquidity, and capital structure do not significantly impact corporate performance. In contrast, sales growth has a positive effect, while firm size negatively influences corporate performance.

Related Organizations
Keywords

Index, performance, leverage, assets

  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green