DETERMINANTS OF CORPORATE VALUE IN CONSTRUCTION SECTOR COMPANIES IN 2020-2023

Adhi Widyakto; Susanto Susanto; Tri Rinawati; Rosylin Mohd Yusof; Diah Utari

doi:10.14710/jsmo.v22i1.72532

DOI: https://doi.org/10.14710/jsmo.v22i1.72532

DETERMINANTS OF CORPORATE VALUE IN CONSTRUCTION SECTOR COMPANIES IN 2020-2023

Adhi Widyakto¹

, Susanto Susanto¹, Tri Rinawati², Rosylin Mohd Yusof³

, Diah Utari

¹Department of Management, Faculty of Economics, University of Semarang, Indonesia

²Department of Accounting, Faculty of Economics, University of Semarang, Indonesia

³Islamic Business School University Utara Malaysia, Malaysia

Citation Format:

Abstract

A construction company is a company that operates in the field of infrastructure development, physical facilities and infrastructure for the benefit of the general public.

This study aims to determine and provide empirical evidence related to the determinants of factors that affect firm value in construction companies listed on the Indonesia Stock Exchange in 2020-2023. The type of data used in this study is secondary data in the form of quantitative documentary data.

The results of this study indicate that: Liquidity has a significant positive effect on financial distress. Leverage has a significant positive effect on financial distress. Liquidity Profitability has a significant positive effect on financial distress. Liquidity has a significant negative effect on firm value. Leverage has a significant positive effect on firm value. Profitability has a significant positive effect on firm value. Financial distress has an insignificant positive effect on firm value. Financial distress can mediate liquidity on firm value. Financial distress can mediate leverage on firm value. Financial distress can mediate profitability on firm value.

Fulltext View|Download

Keywords: Firm Value, Financial Distress, Liquidity, Leverage, Profitability

Article Metrics:

Article Info

Section: Articles

Language : EN

In Vol 22, No 1 (2025)

Recent articles

Integrating Expectation-Confirmation Theory and DeLone & McLean Model: Exploring the Impact of Website Quality on E-Satisfaction and E-Loyalty in the Sports Equipment and Apparel Industry AN ANALYSIS OF FIRM-SPECIFIC, INDUSTRY SPECIFIC, AND MACROECONOMIC DETERMINANTS INFLUENCING BANK PROFITABILITY IN INDONESIA PREDICTION OF LOSS RISK INVESTMENT ON THE IDX INDONESIA: QUANTITATIVE APPROACH WITH VAR AND ADJ-ES DETERMINANTS OF CORPORATE VALUE IN CONSTRUCTION SECTOR COMPANIES IN 2020-2023 FINANCIAL RATIOS AND STOCK RETURN IN THE FOOD & BEVERAGE SECTOR More recent articles

Most cited articles

PENGARUH PEMBINAAN, PELATIHAN DAN PENGEMBANGAN, PEMBERDAYAAN DAN PARTISIPASI TERHADAP KINERJA KARYAWAN ANALISIS PENGARUH IMPLEMENTASI MANAJEMEN KUALITAS TERHADAP KINERJA ORGANISASI PADA USAHA KECIL MENENGAH DI KOTA SALATIGA ANALISIS PENGARUH GAYA KEPEMIMPINAN TERHADAP KEPUASAN KERJA, KOMITMEN ORGANISASI DAN KINERJA KARYAWAN (STUDI EMPIRIS PADA DEPARTEMEN AGAMA KABUPATEN KENDAL DAN DEPARTEMEN AGAMA KOTA SEMARANG) MEMBANGUN KEUNGGULAN KOMPETITIF MELALUI ALIANSI STRATEJIK UNTUK MENINGKATKAN KINERJA PERUSAHAAN (STUDI KASUS PADA PT. POS INDONESIA WILAYAH VI JATENG DAN DIY) STUDI MENGENAI ORIENTASI INOVASI, PENGEMBANGAN PRODUK DAN EFEKTIFITAS PROMOSI SEBAGAI SEBUAH STRATEGI UNTUK MENINGKATKAN KINERJA PRODUK More cited articles

Last update:

No citation recorded.

Last update: 2025-06-14 21:58:46

No citation recorded.

Authors who publish with this journal agree to the following terms:

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.

Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).