THE EFFECT OF OWNERSHIP AND FINANCIAL PERFORMANCE ON FIRM VALUE OF OIL AND GAS MINING COMPANIES IN INDONESIA

Hasanudin Hasanudin · Andini Nurwulandari · Novi Loviana

53 citations0/0 files storedInternational Journal of Energy Economics and Policy

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Corporate Finance and Governance Financial Analysis and Corporate Governance Financial Reporting and Valuation Research

Abstract

This study aims to analyze the effect of institutional ownership, operating leverage, liquidity on firm value with company performance as an intervening in oil and gas mining companies listed in Indonesia Stock Exchange (IDX) between 2014-2018. A total of 10 companies classified in on the Indonesia Stock Exchange in the oil and natural gas mining sub-sector were used as sample, making the number of assessments to be 50 observations within a span of 5 years of 2014-2018. Data analysis using Partial least squares/PLS analysis with Structural Equation Modeling/SEM analysis model. The results of the study revealed that institutional ownership, operating leverage and liquidity have a positive influence on firm value. The mediating test by using the Sobel test showed that the firm's performance is able to mediate the effect of institutional ownership, operating leverage, liquidity on the the value of oil and gas companies in IndonesiaKeywords: energy companies, institutional ownership, operating leverage, liquidity, firm value, firm performanceJEL Classifications: L25, Q43DOI: https://doi.org/10.32479/ijeep.9567

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 53 citations exist upstream.

References

2017European Journal of Business and Management 2009Causes and Consequences of the Oil Shock of 2007-08 1991Institutional ownership, capital structure, and firm performance 2009Distribution of institutional ownership and corporate firm performance 2017PENGARUH LEVERAGE, UKURAN PERUSAHAAN, PERTUMBUHAN PERUSAHAAN, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN PROPERTI 2014The Effect of Financial Leverage on Financial Performance: Evidence of Quoted Pharmaceutical Companies in Nigeria 2011The Effect of Leverage on Firm Value and How The Firm Financial Quality Influence on This Effect 2013Factors Affecting the Financial Performance of Listed Companies at the Nairobi Securities Exchange in Kenya

Cited by

2021Effect of Liquidity, Profitability, Firm Size on Firm Value with Capital Structure as Intervening Variable

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.