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Wirda Mardyaningsih

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Open access Sep 2026

Rethinking Financial Flexibility and Market Valuation: Evidence from ASEAN Manufacturing Companies

This study examines the effects of financial flexibility, represented by the Current Ratio (CR), Debt-to-Equity Ratio (DER), and Net Cash Flow from Operating Activities (CFO), on market valuation, measured by the Enterprise Value-to-Revenue (EV/Revenue) ratio, among manufacturing firms in ASEAN countries. It also inves...

Wirda Mardyaningsih, Bulan Nettiary Kelara, Belinda Mora Siagian et al. · 0 citations

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