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Keywords: Book value
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Journal Articles
Asian Journal of Accounting Research (2025) 10 (4): 353–370.
Published: 01 May 2025
...). Design/methodology/approach Using data from IDX-listed loss-making firms from 2017 to 2021, this study collected 652 firm-year observations and employed multiple linear regression analysis to test the hypothesis. The independent variables in this study are negative earnings, book value, comprehensive...

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