Peran Manajemen Keuangan Lanjutan dalam Meningkatkan Nilai Perusahaan dan Keunggulan Kompetitif
DOI:
https://doi.org/10.63822/c6zw0207Keywords:
Advanced Financial Management, Corporate Value, Sustainable Competitive Advantage, Capital Structure Optimization, Financial Risk ManagementAbstract
The increasingly complex dynamics of the global business environment demand that companies adopt more advanced and strategic financial management approaches. This study examines in depth the role of advanced financial management in enhancing corporate value while building sustainable competitive advantage. Employing a qualitative approach based on a systematic literature review and thematic analysis, the study integrates four key dimensions: (1) strategic investment decisions, (2) capital structure optimization, (3) financial risk management, and (4) the creation of competitive advantage through financial management. Research findings indicate that the synergistic integration of these four dimensions improves financial performance, strengthens market position, and supports sustainable business growth. Companies implementing a disciplined capital allocation framework are shown to generate significantly higher Total Shareholder Return (TSR) compared to their peers. Dynamic capital structure optimization yields a corporate value premium of 8 to 12 percent, while comprehensive risk management enables companies to maintain financial flexibility amidst market uncertainty. This study contributes to both academia and practice by elucidating the mechanisms of value creation through measurable, data-driven, and strategy-oriented financial management.
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Copyright (c) 2026 Nilam Cahya Khairani, Manda Wulandari , Aliva Anggara, Fandra Dikhi Januardani (Author)
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