Work

The Effect of Liquidity Risk Management, Leverage Policy, and Cost Control on Financial Growth in Construction Companies in East Java

Year: 2024

Type: article

Abstract: This study examines the effects of Cost Control, Leverage Policy, and Liquidity Risk Management on Financial Growth in construction companies in East Java. Utilizing a quantitative approach, data was collected from 180 respondents using a Likert scale (1-5), and analyzed through Structural Equation Modeling - Partial Least Squares (SEM-PLS 3). The results indicate that Cost Control has the most significant impact on Financial Growth, followed by Leverage Policy, and Liquidity Risk Management. The study highlights the importance of efficient cost management and prudent leverage practices in promoting financial stability and growth in the construction sector. The findings underscore the need for construction companies to implement strategic financial management practices to enhance their competitive advantage and long-term sustainability.

Source: West Science Interdisciplinary Studies

DOI: 10.58812/wsis.v2i12.1519

Authors: Loso Judijanto, Syamsu Basiri, Refiana Yuliawati

Institution: Universitas Muhammadiyah Luwuk Banggai

Language: English

Topic: Financial Analysis and Corporate Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W4406300928

FWCI:

Cites:

Cited by:

Related to: 10