The effect of financial architecture and ownership structure on the financial performance and corporate value, reciprocal relationship between financial performance and corporate value Online publication date: Wed, 12-May-2021
by I. Wayan Widnyana; I. Gusti Bagus Wiksuana; Luh Gede Sri Artini; Ida Bagus Panji Sedana
International Journal of Financial Innovation in Banking (IJFIB), Vol. 3, No. 1, 2021
Abstract: This study aimed to explain the effect of financial architecture variables and ownership structure on financial performance and corporate value. Therefore, the analysis was performed in addition to the comprehensive or multidimensional financial architecture (two order measurement model) to financial performance and corporate value. The sampling technique used in this research is purposive sampling. The study was conducted on non-financial sectors listed in Indonesia Stock Exchange (IDX) in 2017. This study used partial least squares. The results of the research show that the company's financial architecture has a significant positive effect on financial performance; the company's financial architecture has a significant positive effect on corporate value; the company's ownership structure has a significant positive effect on financial performance; financial performance has significant positive effect on corporate value; corporate value has a significant positive effect on financial performance.
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