Aug 2026· The International Conference on Sustainable Economics Management and Accounting Proceeding· 0 citations· 15 references
Abstract
This study analyzes the crucial role of Financial Agility as a mediating mechanism in the relationship between Market Dynamics and Firm Value in non-financial companies listed on the Indonesia Stock Exchange (IDX). Using a quantitative and longitudinal design with panel data regression analysis for the period 2012–2024, this study develops and measures the first quantitative Financial Agility Index applied in the context of Indonesian public companies. The main findings show that although Market Dynamics has a direct effect on Firm Value, its significant effect is most strongly channeled through increased Financial Agility, confirming Financial Agility as an important mediator in line with Dynamic Capabilities Theory. The limitations of the study lie in the secondary data design, which restricts claims of absolute causality, but the implications are significant: corporate management must make financial flexibility a strategic capability to proactively respond to market volatility, thereby maintaining and increasing firm value in uncertain capital markets. This research makes an original contribution by validating the triangular relationship framework of market dynamics–financial agility–firm value in emerging markets.
This study analyzes the crucial role of Financial Agility as a mediating mechanism in the relationship between Market Dynamics and Firm Value in non-financial companies listed on the Indonesia Stock Exchange (IDX). Using a quantitative and longitudinal design with panel data regression analysis for the period 2012–2024...
Darman Saputra, Najmudin Najmudin, D. Jati· The International Conference...· 0 citations
Purpose: This study investigates the impact of financial inclusion and foreign direct investment (FDI) on sustainable development outcomes in Belt and Road Initiative (BRI) countries. While previous research has explored the role of financial development and international investment separately, limited attention has be...
Sadia Masood· Journal of Accounting and Fi...· 0 citations
A company’s value serves as a key indicator of investor confidence and signals how the market views its prospects. To uphold this value, businesses need to find a middle ground that considers economic, social, and environmental factors. This study explores the influence of green accounting, carbon emission disclosure,...
This study examines the relationship between environmental, social, and governance (ESG) performance and firm financial performance, with a particular focus on the moderating role of financial distress in an emerging market context. Using panel data of VN30 firms from 2018 to 2024, we employ multiple estimation techniq...
Anh Thu Thùy Nguyễn, Ha Thai Nguyen· VNU University of Economics...· 0 citations
Banks are now dependent on non-physical assets that create long-term competitive advantage in today’s rapidly changing digital landscape. The Strategic Use of Intangible Resources is one such asset, encompassing the Human, Relational & Structural Dimensions of Intellectual Capital (IC) as identified by the RBV. Altho...
Dirgahayu Erri, N. L. Wiagustini, I. R. Candraningrat et al.· Discover Sustainability· 0 citations
This article develops an integrated model of corporate resilience in the ESG dimension, combining financial, security, and marketing determinants under conditions of growing uncertainty and systemic risks. The study addresses the limitations of traditional resilience assessment approaches that overlook the interdiscipl...
G. Likhonosova, I. Shevchenko, A. Jaras et al.· Journal of Business and Econ...· 0 citations
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