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 Utari⁴

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

⁴ Moscow State Institute of International Relations, Russian Federation

View all affiliations

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: Research Article

Language : EN

In Vol 22, No 1 (2025)

Recent articles

THE INFLUENCE OF HUMAN RESOURCES MANAGEMENT ON EMPLOYEE ENGAGEMENT MEDIATED BY POSITIVE EMOTIONS AND KNOWLEDGE MANAGEMENT ON 3 STAR HOTEL EMPLOYEES IN SAMARINDA CITY 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 FINANCIAL RATIOS AND STOCK RETURN IN THE FOOD & BEVERAGE SECTOR More recent articles

Most cited articles

STUDI MENGENAI ORIENTASI INOVASI, PENGEMBANGAN PRODUK DAN EFEKTIFITAS PROMOSI SEBAGAI SEBUAH STRATEGI UNTUK MENINGKATKAN KINERJA PRODUK ANALISIS FAKTOR-FAKTOR ORIENTASI PASAR YANG MEMPENGARUHI KUALITAS LAYANAN DAN RELEVANSINYA TERHADAP KINERJA PERUSAHAAN Analisis Pengaruh Persepsi Kemudahan Penggunaan dan Persepsi Manfaat terhadap Minat Beli dengan Kepercayaan Sebagai Variabel Intervening (Studi pada Pengunjung Toko Online berrybenka.com di Kalangan Mahasiswa Universitas Diponegoro) ANALISIS PENGARUH KOMITMEN ORGANISASI TERHADAP KINERJA KARYAWAN (Studi Pada Pegawai Perum PERUMNAS Jakarta) ANALISIS REAKSI PASAR MODAL TERHADAP PENGUMUMAN INVESTASI TEKNOLOGI INFORMASI: STUDI KASUS PADA PERUSAHAAN YANG LISTING DI BEJ PERIODE 2002-2005 More cited articles

Last update:

No citation recorded.

Last update: 2025-07-04 07:22:40

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).