The role of market value management and liquidity management in the shareholder equity management-firm performance relationship

被引：0
|
作者：
Zhu, Chenxu [1 ]
Liang, Xueji [2 ]
Yao, Jiayi [3 ]
机构：
[1] Australian Natl Univ, Dept Management, Canberra, Australia
[2] Xian Jiaotong Liverpool Univ, Int Business Sch Suzhou, Dept Strateg Management & Org, Suzhou, Peoples R China
[3] Australian Natl Univ, Dept Finance, Canberra, Australia
来源：
COGENT BUSINESS & MANAGEMENT | 2025年 / 12卷 / 01期
关键词：
Market value management; liquidity management; shareholder equity management; firm performance; internationalized firms; Strategic Management; Research Methods in Management; Organizational Studies; FINANCIAL PERFORMANCE; CORPORATE GOVERNANCE; INTERNATIONAL DIVERSIFICATION; MULTINATIONAL-ENTERPRISES; RESOURCE-MANAGEMENT; CAPITAL STRUCTURE; EMERGING MARKETS; RISK-MANAGEMENT; DETERMINANTS; INNOVATION;
D O I：
10.1080/23311975.2025.2464950
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This research examines how Market Value Management (MVM) and Liquidity Management (LM) influence the relationship between Shareholder Equity Management and firm performance. Using data from 1166 Australian companies (2015-2023), we find that MVM and LM significantly moderate this U-shaped relationship. High MVM enhances market performance and investor expectations, while high LM ensures financial stability and flexibility. Our findings highlight the critical role of financial management in enhancing firm performance, contributing to the understanding of effective global financial strategies.
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页数：30
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