Factors Influencing Financial Performance in Manufacturing Companies
DOI:
https://doi.org/10.61492/danesia.v1i1.20Keywords:
Growth, LN Size, Debt to Equity Ratio, Return on Equity, Price Book ValueAbstract
This study aims to examine the role of profitability in mediating sales growth, company size, and capital structure on the company's value. The object of this research is all manufacturing companies listed on the Indonesia Stock Exchange for the 2020-2024 period. This study uses a quantitative approach with a sample of 102 manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2020-2024 period, which was selected by purposive sampling with certain criteria. The data analysis used is SmartPLS 4.0. The results of the study prove that Growth has a significant positive effect on Price Book Value. LN Size has a significant positive effect on Price Book Value. The Debt to Equity Ratio has a significant negative effect on Price Book Value. Growth in Price Book Value with Return on Equity as a mediating variable has a significant positive effect. LN Size on Price Book Value with Return on Equity as a mediating variable has a significant positive effect. The Debt to Equity Ratio to Price Book Value with Return on Equity as a mediating variable had a positive effect, on the effect of not significant.
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Copyright (c) 2026 Adhi Widyakto, Andhy Tri Adriyanto, Ayu Nurafni Octavia, Sugeng Rianto, Masudul Alam Choudhury (Author)
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