Quantitative analysis reveals asset growth improves financial performance in state-owned enterprises, while capital structure has a negative impact.
This study aims to examine whether capital structure, firm size, and asset growth influence financial performance in state-owned enterprises (SOEs). The population in this study consists of companies listed as SOEs. The sample size includes 34 respondents, selected using the purposive sampling method. The research employs a quantitative approach, utilizing secondary data sources. Data analysis is conducted using multiple linear regression analysis with SPSS version 26. The results indicate that capital structure has a negative and significant effect on financial performance, firm size has no effect on financial performance, while asset growth has a positive effect on financial performance.
No takes yet. Share an insight, caveat, or question.
Hidayatullah et al. (2025) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: