The Board of Directors, Firm Size, Capital Structure, Financial Performance During the Covid-19 Crisis: Evidence from Indonesia

International Journal of Entrepreneurship and Business Management Pub Date : 2022-11-21 DOI:10.54099/ijebm.v1i2.347

Chintya Noliviasari, Ely Siswantoro

{"title":"The Board of Directors, Firm Size, Capital Structure, Financial Performance During the Covid-19 Crisis: Evidence from Indonesia","authors":"Chintya Noliviasari, Ely Siswantoro","doi":"10.54099/ijebm.v1i2.347","DOIUrl":null,"url":null,"abstract":"This study investigates the impact of the board of directors, and firm size on financial performance with capital structure as intervening variable in manufacturing companies listed on the Indonesia Stock Exchange during the Covid-19 pandemic specifically in the period 2020-2021. The sample in this study was 114 companies determined by using purposive sampling. The board of directors in this study was measured using the number of the board of directors, company size using Ln Total Assets, capital structure using DER, and financial performance using ROA. We find that the board of directors has no effect on financial performance and capital structure, company size has a positif significant influence to financial performence and capital structure, and capital structure has a negative significant influence to financial performence. In addition, capital stucture is able to mediate the relationship of firm size on financial peformance, but fails to mediate the relationship of the board of directors on financial peformance","PeriodicalId":344687,"journal":{"name":"International Journal of Entrepreneurship and Business Management","volume":"10 2 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2022-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Entrepreneurship and Business Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.54099/ijebm.v1i2.347","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}

引用次数: 0

Abstract

This study investigates the impact of the board of directors, and firm size on financial performance with capital structure as intervening variable in manufacturing companies listed on the Indonesia Stock Exchange during the Covid-19 pandemic specifically in the period 2020-2021. The sample in this study was 114 companies determined by using purposive sampling. The board of directors in this study was measured using the number of the board of directors, company size using Ln Total Assets, capital structure using DER, and financial performance using ROA. We find that the board of directors has no effect on financial performance and capital structure, company size has a positif significant influence to financial performence and capital structure, and capital structure has a negative significant influence to financial performence. In addition, capital stucture is able to mediate the relationship of firm size on financial peformance, but fails to mediate the relationship of the board of directors on financial peformance

查看原文本刊更多论文

2019冠状病毒病危机期间的董事会、公司规模、资本结构和财务业绩:来自印度尼西亚的证据

本研究调查了董事会和公司规模对财务业绩的影响，资本结构作为干预变量，在2019冠状病毒病大流行期间，特别是在2020-2021年期间，在印度尼西亚证券交易所上市的制造公司。本研究的样本为114家公司，采用有目的抽样法确定。在本研究中，董事会使用董事会人数来衡量，公司规模使用Ln总资产，资本结构使用DER，财务绩效使用ROA。我们发现董事会对财务业绩和资本结构没有影响，公司规模对财务业绩和资本结构有显著的正向影响，资本结构对财务业绩有显著的负向影响。此外，资本结构能够中介公司规模对财务绩效的关系，但不能中介董事会对财务绩效的关系

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

International Journal of Entrepreneurship and Business Management

自引率

0.00%

发文量