Indonesian Journal of Business Analytics (IJBA)
Vol. 2 No. 2 (2022): October 2022

The Effect of Capital Structure, Institutional Ownership, Liquidity, and Diversification Strategy on Financial Performance

Astria Kurniawati (Faculty of Economics and Business, Universitas Muhammadiyah Purwokerto)
Sri Wahyuni (Faculty of Economics and Business, Universitas Muhammadiyah Purwokerto)
Azmi Fitriati (Faculty of Economics and Business, Universitas Muhammadiyah Purwokerto)
Nur Isna Inayati (Faculty of Economics and Business, Universitas Muhammadiyah Purwokerto)



Article Info

Publish Date
31 Oct 2022

Abstract

Financial performance is one of the factors to measure the success of a company. This study aims to examine the effect of capital structure, institutional ownership, liquidity and diversification strategies on financial performance. The population in this study are industrial sector companies listed on the IDX for the 2019-2021 period. The sampling method was carried out by purposive sampling and obtained 59 research samples. Methode of data analysis using multiple linear regression analysis. The results of the analysis carried out by capital structure, institutional ownership, and liquidity have a significant negative effect on financial performance, while the diversification strategy has no effect on financial performance. The results of this study can provide a scientific contribution in the field of accounting regarding the factors that influence financial performance.

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Journal Info

Abbrev

ijba

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Indonesian Journal of Business Analytics (IJBA) is a peer-reviewed journal providing a space for both practitioners and academics for disseminating research results that work in Business Analytics and related fields. IJBA provides an outlet for the increasing flow of interdisciplinary research ...