Authors
Mfaume Ismail Mahmoud, Suryo Pratolo, Arni Surwanti
Source / Journal
Cogent Business & Management
This study examines whether capital structure mediates the relationship between profitability, growth opportunities, and firm value in Indonesian transportation firms. A quantitative explanatory design is employed using balanced panel data from 20 transportation companies listed on the Indonesia Stock Exchange during 2020–2024, yielding 100 firm-year observations. Panel regression and Baron and Kenny mediation analysis are applied. Profitability significantly enhances firm value; however, this e...
This study examines whether capital structure mediates the relationship between profitability, growth opportunities, and firm value in Indonesian transportation firms. A quantitative explanatory design is employed using balanced panel data from 20 transportation companies listed on the Indonesia Stock Exchange during 2020–2024, yielding 100 firm-year observations. Panel regression and Baron and Kenny mediation analysis are applied. Profitability significantly enhances firm value; however, this e...