{"id":"https://openalex.org/W7217564591","doi":null,"title":"THE EFFECT OF PROFITABILITY AND CAPITAL STRUCTURE TO FINANCIAL PERFORMANCE : FIRM VALUE AS MEDIATIANG VARIABEL","display_name":"THE EFFECT OF PROFITABILITY AND CAPITAL STRUCTURE TO FINANCIAL PERFORMANCE : FIRM VALUE AS MEDIATIANG VARIABEL","publication_year":2023,"publication_date":"2023-10-20","ids":{"openalex":"https://openalex.org/W7217564591"},"language":"en","primary_location":{"id":"pmh:oai:ejournal.seaninstitute.or.id:article/3043","doi":null,"is_oa":true,"landing_page_url":"https://ejournal.seaninstitute.or.id/index.php/Ekonomi/article/view/3043","pdf_url":"https://ejournal.seaninstitute.or.id/index.php/Ekonomi/article/download/3043/2403","source":{"id":"https://openalex.org/S4220651077","display_name":"Jurnal Ekonomi","issn_l":"2301-6280","issn":["2301-6280","2721-9879"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2301-6280","raw_type":"info:eu-repo/semantics/article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://ejournal.seaninstitute.or.id/index.php/Ekonomi/article/download/3043/2403","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5020377756","display_name":"Andy Ismail","orcid":"https://orcid.org/0009-0000-7370-0786","observed_orcids":["https://orcid.org/0009-0000-7370-0786"]},"institutions":[{"id":"https://openalex.org/I119896790","display_name":"Sebelas Maret University","ror":"https://ror.org/021hq5q33","country_code":"ID","type":"education","lineage":["https://openalex.org/I119896790"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Andy Ismail","raw_affiliation_strings":["Master of Management, Faculty of Economics and Business, Universitas Sebelas Maret, Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Master of Management, Faculty of Economics and Business, Universitas Sebelas Maret, Indonesia","institution_ids":["https://openalex.org/I119896790"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5060060083","display_name":"Djuminah Djuminah","orcid":"https://orcid.org/0009-0008-6935-8920","observed_orcids":["https://orcid.org/0009-0008-6935-8920"]},"institutions":[{"id":"https://openalex.org/I119896790","display_name":"Sebelas Maret University","ror":"https://ror.org/021hq5q33","country_code":"ID","type":"education","lineage":["https://openalex.org/I119896790"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Djuminah, Djuminah","raw_affiliation_strings":["Master of Management, Faculty of Economics and Business, Universitas Sebelas Maret, Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Master of Management, Faculty of Economics and Business, Universitas Sebelas Maret, Indonesia","institution_ids":["https://openalex.org/I119896790"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I119896790"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.9003999829292297,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.9003999829292297,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.06920000165700912,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.021400000900030136,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/profitability","display_name":"profitability","score":0.9919999837875366},{"id":"https://openalex.org/keywords/capital-structure","display_name":"capital structure","score":0.9980000257492065},{"id":"https://openalex.org/keywords/financial-performance","display_name":"financial performance","score":0.9980000257492065},{"id":"https://openalex.org/keywords/firm-value","display_name":"firm value","score":0.9929999709129333},{"id":"https://openalex.org/keywords/tobin-s-q","display_name":"Tobin's Q","score":0.9259999990463257},{"id":"https://openalex.org/keywords/price-earnings-ratio","display_name":"price earning ratio","score":0.8450000286102295},{"id":"https://openalex.org/keywords/return-on-equity","display_name":"return on equity","score":0.9290000200271606},{"id":"https://openalex.org/keywords/debt-equity-ratio","display_name":"debt to equity ratio","score":0.9819999933242798},{"id":"https://openalex.org/keywords/manufacturing-firms","display_name":"manufacturing companies","score":0.8050000071525574},{"id":"https://openalex.org/keywords/stock-prices","display_name":"stock prices","score":0.5080000162124634}],"concepts":[{"id":"https://openalex.org/C9778290","wikidata":"https://www.wikidata.org/wiki/Q1900659","display_name":"Market value added","level":3,"score":0.6854000091552734},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.642799973487854},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.570900022983551},{"id":"https://openalex.org/C206217203","wikidata":"https://www.wikidata.org/wiki/Q1134378","display_name":"Earnings per share","level":3,"score":0.5490999817848206},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.5458999872207642},{"id":"https://openalex.org/C149933338","wikidata":"https://www.wikidata.org/wiki/Q950816","display_name":"Capital structure","level":3,"score":0.5458999872207642},{"id":"https://openalex.org/C23032112","wikidata":"https://www.wikidata.org/wiki/Q1344727","display_name":"Enterprise value","level":2,"score":0.5393000245094299},{"id":"https://openalex.org/C169824061","wikidata":"https://www.wikidata.org/wiki/Q1761731","display_name":"Book value","level":3,"score":0.5162000060081482},{"id":"https://openalex.org/C202552767","wikidata":"https://www.wikidata.org/wiki/Q1901350","display_name":"Market value","level":2,"score":0.5069000124931335},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4869000017642975},{"id":"https://openalex.org/C98014903","wikidata":"https://www.wikidata.org/wiki/Q832161","display_name":"Financial ratio","level":2,"score":0.46779999136924744},{"id":"https://openalex.org/C133441289","wikidata":"https://www.wikidata.org/wiki/Q127473","display_name":"Price\u2013earnings ratio","level":4,"score":0.46380001306533813},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4348999857902527},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.43299999833106995},{"id":"https://openalex.org/C100363876","wikidata":"https://www.wikidata.org/wiki/Q690661","display_name":"Nonprobability sampling","level":3,"score":0.42590001225471497},{"id":"https://openalex.org/C155530773","wikidata":"https://www.wikidata.org/wiki/Q591174","display_name":"Return on equity","level":3,"score":0.4099999964237213},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.4066999852657318},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.3815000057220459},{"id":"https://openalex.org/C27574286","wikidata":"https://www.wikidata.org/wiki/Q320723","display_name":"Variables","level":2,"score":0.37229999899864197},{"id":"https://openalex.org/C130731218","wikidata":"https://www.wikidata.org/wiki/Q1363554","display_name":"Financial analysis","level":2,"score":0.36640000343322754},{"id":"https://openalex.org/C2779538965","wikidata":"https://www.wikidata.org/wiki/Q1020013","display_name":"Share price","level":3,"score":0.36309999227523804},{"id":"https://openalex.org/C143910263","wikidata":"https://www.wikidata.org/wiki/Q750458","display_name":"Capital market","level":2,"score":0.359499990940094},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.34279999136924744},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.3391999900341034},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3366999924182892},{"id":"https://openalex.org/C74734477","wikidata":"https://www.wikidata.org/wiki/Q1479274","display_name":"Cost of capital","level":3,"score":0.3357999920845032},{"id":"https://openalex.org/C172497479","wikidata":"https://www.wikidata.org/wiki/Q302208","display_name":"Capital expenditure","level":2,"score":0.3262999951839447},{"id":"https://openalex.org/C152877465","wikidata":"https://www.wikidata.org/wiki/Q208042","display_name":"Regression analysis","level":2,"score":0.31869998574256897},{"id":"https://openalex.org/C16051113","wikidata":"https://www.wikidata.org/wiki/Q828814","display_name":"Market share","level":2,"score":0.30660000443458557},{"id":"https://openalex.org/C64112148","wikidata":"https://www.wikidata.org/wiki/Q160151","display_name":"Market price","level":2,"score":0.2935999929904938},{"id":"https://openalex.org/C84148228","wikidata":"https://www.wikidata.org/wiki/Q4128948","display_name":"Capital call","level":5,"score":0.2863999903202057},{"id":"https://openalex.org/C2778865806","wikidata":"https://www.wikidata.org/wiki/Q6060850","display_name":"Investment decisions","level":3,"score":0.27619999647140503},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.2754000127315521},{"id":"https://openalex.org/C25070020","wikidata":"https://www.wikidata.org/wiki/Q426971","display_name":"Economic Value Added","level":3,"score":0.27160000801086426},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.27140000462532043},{"id":"https://openalex.org/C97713585","wikidata":"https://www.wikidata.org/wiki/Q6770534","display_name":"Mark to model","level":5,"score":0.2702000141143799},{"id":"https://openalex.org/C74514629","wikidata":"https://www.wikidata.org/wiki/Q1640570","display_name":"Net asset value","level":2,"score":0.2667999863624573},{"id":"https://openalex.org/C154600224","wikidata":"https://www.wikidata.org/wiki/Q5449728","display_name":"Financial market efficiency","level":3,"score":0.26170000433921814}],"mesh":[],"locations_count":1,"locations":[{"id":"pmh:oai:ejournal.seaninstitute.or.id:article/3043","doi":null,"is_oa":true,"landing_page_url":"https://ejournal.seaninstitute.or.id/index.php/Ekonomi/article/view/3043","pdf_url":"https://ejournal.seaninstitute.or.id/index.php/Ekonomi/article/download/3043/2403","source":{"id":"https://openalex.org/S4220651077","display_name":"Jurnal Ekonomi","issn_l":"2301-6280","issn":["2301-6280","2721-9879"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2301-6280","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"pmh:oai:ejournal.seaninstitute.or.id:article/3043","doi":null,"is_oa":true,"landing_page_url":"https://ejournal.seaninstitute.or.id/index.php/Ekonomi/article/view/3043","pdf_url":"https://ejournal.seaninstitute.or.id/index.php/Ekonomi/article/download/3043/2403","source":{"id":"https://openalex.org/S4220651077","display_name":"Jurnal Ekonomi","issn_l":"2301-6280","issn":["2301-6280","2721-9879"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2301-6280","raw_type":"info:eu-repo/semantics/article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W7217564591.pdf","grobid_xml":"https://content.openalex.org/works/W7217564591.grobid-xml"},"referenced_works_count":59,"referenced_works":["https://openalex.org/W1977240483","https://openalex.org/W1978282661","https://openalex.org/W2108997191","https://openalex.org/W2115846503","https://openalex.org/W2153524047","https://openalex.org/W2162808841","https://openalex.org/W2560549448","https://openalex.org/W2736214577","https://openalex.org/W2773681258","https://openalex.org/W2792561376","https://openalex.org/W2800208276","https://openalex.org/W2834969689","https://openalex.org/W2898260137","https://openalex.org/W2922431580","https://openalex.org/W2963066679","https://openalex.org/W2969732417","https://openalex.org/W3021152517","https://openalex.org/W3034137280","https://openalex.org/W3047623806","https://openalex.org/W3088306575","https://openalex.org/W3092910917","https://openalex.org/W3095095421","https://openalex.org/W3123354885","https://openalex.org/W3123599750","https://openalex.org/W3124125434","https://openalex.org/W3134974167","https://openalex.org/W3167014524","https://openalex.org/W3186083396","https://openalex.org/W4200029513","https://openalex.org/W4200605506","https://openalex.org/W4213038428","https://openalex.org/W4214642799","https://openalex.org/W4220714721","https://openalex.org/W4224251660","https://openalex.org/W4244537872","https://openalex.org/W4252402383","https://openalex.org/W4252811845","https://openalex.org/W4280584905","https://openalex.org/W4284890267","https://openalex.org/W4297138459","https://openalex.org/W4308029678","https://openalex.org/W4309194312","https://openalex.org/W4309835409","https://openalex.org/W4312071367","https://openalex.org/W4313228396","https://openalex.org/W4316039411","https://openalex.org/W4316495372","https://openalex.org/W4318317774","https://openalex.org/W4320921935","https://openalex.org/W4353094264","https://openalex.org/W4362451393","https://openalex.org/W4362456103","https://openalex.org/W4365812255","https://openalex.org/W4367670262","https://openalex.org/W4367840035","https://openalex.org/W4376636291","https://openalex.org/W4379514930","https://openalex.org/W4385076485","https://openalex.org/W4385605033"],"related_works":["https://openalex.org/W4396941058","https://openalex.org/W1870739658","https://openalex.org/W4410417390","https://openalex.org/W4313425526","https://openalex.org/W4397038313","https://openalex.org/W3127347458","https://openalex.org/W3159228356","https://openalex.org/W4404897505","https://openalex.org/W4320509856","https://openalex.org/W4392112847"],"abstract_inverted_index":{"This":[0,25,126,161],"research":[1,26,60,127,162],"examines":[2],"the":[3,33,37,51,103,110,172,178,189],"impact":[4],"of":[5,118],"profitability":[6],"and":[7,22,65],"capital":[8],"structure":[9],"on":[10,29,71,123],"financial":[11,96,105,124,139],"performance":[12],"through":[13,74,109],"company":[14,143],"value,":[15],"which":[16,98,170],"is":[17,48,99,145,163,171],"proxied":[18],"using":[19,40,54,188],"market":[20,120],"prices":[21,115],"share":[23],"prices.":[24],"was":[27,182],"conducted":[28],"68":[30],"companies":[31],"in":[32,58,94],"manufacturing":[34],"sector":[35],"for":[36,50,92],"period":[38],"2016-2022,":[39],"a":[41,68,89,142,159,185,194],"purposive":[42],"sampling":[43],"method.":[44],"Panel":[45],"regression":[46],"data":[47],"used":[49],"analysis":[52],"technique,":[53],"eviews.":[55],"The":[56],"findings":[57,80],"this":[59,176],"resulted,":[61],"first,":[62],"that":[63,82,136],"ROE":[64],"DER":[66],"have":[67],"significant":[69],"effect":[70],"Tobins":[72],"Q":[73],"Market":[75,149],"Book":[76,150],"Value":[77,151],"Equity.":[78],"These":[79],"indicate":[81],"looking":[83],"at":[84],"book":[85],"value":[86,180],"can":[87],"be":[88],"good":[90],"option":[91],"investors":[93,132],"analyzing":[95,138],"information":[97,140],"directly":[100],"proportional":[101],"to":[102,130,147],"company's":[104],"performance;":[106],"second,":[107],"while":[108],"Price":[111,155,190],"Earnings":[112,156,191],"Ratio;":[113],"Share":[114],"are":[116],"one":[117],"several":[119],"sentiment":[121],"factors":[122],"performance.":[125],"provides":[128],"recommendations":[129],"potential":[131],"regarding":[133],"investment":[134],"decisions,":[135],"when":[137],"about":[141],"it":[144],"better":[146],"use":[148],"Equity":[152],"rather":[153],"than":[154],"Ratio":[157,192],"as":[158,184,193],"mediator.":[160,195],"different":[164],"from":[165],"(Neukirchen":[166],"et":[167],"al.,":[168],"2023)":[169],"main":[173],"reference;":[174],"In":[175],"research,":[177],"firm":[179],"variable":[181,187],"added":[183],"mediating":[186]},"counts_by_year":[],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2026-10-03T00:00:00"}
