CD Skripsi
The Influence Of Family Control And Diversification Strategy On Financial Performance In The Stages Of The Firm Life Cycle (Evidence From Indonesian Manufacturing Firms Through 2018-2023)
ABSTRACT
This study aims to examine the influence of family control and diversification
strategy on profitability in manufacturing companies in Indonesia during the
start-up, growth, mature, and decline stages. The data used in this study is
secondary data obtained from the Indonesian Stock Exchange between 2018 and
2023, focusing on manufacturing companies listed and were analyzed using SPSS
version 27. The regression test results show family control and diversification
strategy on profitability in Indonesian companies across three stages of the firm
life cycle: start-up and growth, mature, and decline. The findings show that family
control has a negative impact on profitability in all stages, while diversification
strategy has a positive impact, particularly in the start-up and growth stage.
These findings provide insights into how family control and diversification
strategy affect profitability across different stages of the firm life cycle.
Keywords: Family Control, Diversification Strategy, Profitability, Start-up Stage,
Growth Stage, Mature Stage, Decline Stage
Tidak tersedia versi lain