scholarly journals PENGARUH KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN DENGAN GOOD CORPORATE GOVERNANCE SEBAGAI VARIABEL MODERASI

2019 ◽  
Vol 6 (2) ◽  
pp. 115
Author(s):  
R Rosiyana Dewi ◽  
Tia Tarnia
Keyword(s):  
Corporate Governance ◽  
Stock Exchange ◽  
Population Sample ◽  
Board Members ◽  
Company Performance ◽  
Manufacturing Companies ◽  
Performance Impact ◽  
Company Value ◽  
Good Corporate Governance ◽  
The Impact

<p class="Style1">This study will examine how the instruments of good corporate governance can moderate the impact of thefanancial performance of the company. Financial performance proxied by ROA, ROE and Leverage, while the value of the company with the Tobins Q. Good corporate governance is measured by the percentage ofinstitutional ownership. Hypothesis testing is done by multiple regression method with the classical assumption test first. The total population sample of 129 companies from manufacturing companies listed on the Stock Exchange.<em> The results of this study is good corporate governance as a system that can regulate the division of duties, rights and obligations of parties interested in the life of the company, including shareholders, board members, and managers can improve company performance impact on company value.</em></p>

scholarly journals The Influence of Good Corporate Governance and Capital Structure on Firm Value: The Mediation Role of Financial Performance

2020 ◽  
Vol 35 (2) ◽  
pp. 230
Author(s):  
Ridwan Nurazi ◽  
Intan Zoraya ◽  
Akram Harmoni Wiardi
Keyword(s):  
Corporate Governance ◽  
Capital Structure ◽  
Financial Performance ◽  
Firm Value ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Company Value ◽  
Good Corporate Governance ◽  
The Impact

<pre>The objective of this study is empirically identify the impacts of Good Corporate Governance and capital structure on firm value with financial performance as intervening variable. We operate quantitative approach within the scope of manufacturing company of metal, chemical, and plastic packaging sector which listed in Indonesia Stock Exchange during the 2017-2018 periods as the population. Samples are chosen by purposive sampling method inwhich the company must report the financial statement in a row, obtained 79 observations. The data analysis technique used is financial ratio analysis to determine the condition of the business financial ratios of the variables studied. Data were analyzed using multiple linear regression analysis. The result shows that corporate governance and capital structure influence the firm value, moreover the use of institutional ownership ratio and capital structure will increase the value of the firm. The result also shows that the impact of Corporate governance and capital structure on the company value are mediated by financial performance. It means that the value of the firm can increase if the company able became an effective monitoring tool.</pre>

scholarly journals PENGARUH CARBON CREDIT, FIRM SIZE, DAN GOOD CORPORATE GOVERNANCE TERHADAP KINERJA PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 4 (1) ◽  
pp. 62
Author(s):  
Ni Made Dwi Ratna Sari ◽  
I Gusti Ayu Agung Omika Dewi
Keyword(s):  
Corporate Governance ◽  
Firm Size ◽  
Audit Committee ◽  
Stock Exchange ◽  
Sample Selection ◽  
Company Performance ◽  
Manufacturing Companies ◽  
Carbon Credit ◽  
Good Corporate Governance ◽  
Analysis Technique

The Influence of Carbon Credit, Firm Size, and Good Corporate Governance on Performance of Public Listed Manufacturing Companies. This study aims to examine the effect of carbon credit, firm size, board of commissioners and audit committee on company performance. The population used in this study is manufacturing companies listed on the Indonesia Stock Exchange. The method of sample selection is purposive sampling. Only 25 companies meet the criteria. The hypotheses in this study were tested using t test and f test. The data analysis technique used in this study was multiple linear regression test. The results of the study indicate that carbon credit, firm size, board of commissioners and audit committee partially and simultaneously influence performance of public listed manufacturing companies.Keyword: Carbon credit, firm size, board of commisioners, audit committee

scholarly journals Pengaruh Kinerja Lingkungan, Good Corporate Governance, dan Kepemilikan Asing Terhadap Nilai Perusahaan Manufaktur

2019 ◽  
Vol 29 (2) ◽  
pp. 485
Author(s):  
Ni Luh Dina Rahayu ◽  
Made Gede Wirakusuma
Keyword(s):  
Corporate Governance ◽  
Environmental Performance ◽  
Firm Value ◽  
Stock Exchange ◽  
Foreign Ownership ◽  
Manufacturing Companies ◽  
Company Value ◽  
Good Corporate Governance ◽  
Analysis Technique ◽  
Positive Effect

The purpose of this study was to determine the effect of environmental performance (PROPER rating), GCG mechanism, and foreign ownership on company value. The sample in this study is a manufacturing company listed on the Stock Exchange in 2013-2017 with a total of 34 companies, environmental performance seen from the PROPER rating achieved by the company, Tobin’s Q to measure corporate value and proxy for GCG obtained using factor analysis. The data analysis technique of this study uses multiple linear analysis. Based on the results of the analysis it was found that environmental performance and foreign ownership had a positive effect on firm value. This indicates that the higher the percentage of foreign ownership and PROPER ratings obtained by manufacturing companies, the higher the value of the company. The mechanism of Good Corporate Governance is stated to have no effect on the value of the company. Keywords : Environmental Performance; Company Value; Good Corporate Governanc; Foreign Ownership.

scholarly journals PENGARUH GOOD CORPORATE GOVERNANCE (GCG) TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2015-2017

2019 ◽  
Vol 11 (03) ◽  
pp. 50-63
Author(s):  
Sutrisno . Sutrisno ◽  
Ariyani Indriastuti
Keyword(s):  
Corporate Governance ◽  
Audit Committee ◽  
Regression Coefficient ◽  
Stock Exchange ◽  
Institutional Ownership ◽  
Financial Statements ◽  
Managerial Ownership ◽  
Manufacturing Companies ◽  
Company Value ◽  
Good Corporate Governance

All information in a company's financial statements is useful for investors and users of financial statements because the information contained in financial statements can be used by interested parties or users of financial statements for consideration in making economic decisions, but sometimes the attention of financial statement users or investors is only focused on earnings information. The purpose of this research is to find out. Effect of Good Corporate Governance managerial ownership of institutional ownership and the Audit Committee on Company Value in manufacturing companies listed on the Indonesia Stock Exchange 2015-2017. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2015-2017. The companies that became the population in this study were 24 manufacturing companies. The variables in this study were managerial ownership, institutional ownership and an audit committee on Company Value. Methods of data analysis using multiple linear regression, coefficient of determination and hypothesis testing. The results of this study indicate that the managerial ownership regression coefficient is 0.304, t count (3.847)> t table (1.66) and sign (0.000), <(0.05), institutional ownership is 0.337, t count (3.375)> t table (1.66) and sign (0.001) <(0.05) and audit committee 0.341, t count (4.110)>ttable (1.66) and sign (0.000) <(0.05) based on the coefficient test results R2 determination of 62.8%. This means managerial ownership of institutional ownership and audition committee. Together - they have a positive and significant effect on Company Value. This can be proven in the F test of 38,231 in manufacturing companies listed on the Indonesia Stock Exchange 2015-2017. Company value calculation using PBV (price book value) proxy. However, the calculation of company value can be done using other methods such as Tobin's Q because the calculation of company value does not only use PBV. Given the results of this study indicate that a positive effect on a corporate value of good corporate governance

scholarly journals The Impact of Good Corporate Governance Implementation on Firm Value

2020 ◽  
Vol 4 (4) ◽  
pp. 553
Author(s):  
Juendiny Chrisna Ekasari ◽  
Yefta Andi Kus Noegroho
Keyword(s):  
Corporate Governance ◽  
Firm Value ◽  
Good Governance ◽  
Stock Exchange ◽  
Secondary Data ◽  
Return On Equity ◽  
Company Value ◽  
Good Corporate Governance ◽  
Relationship Of ◽  
The Impact

Many banking companies that offer shares on the Indonesia Stock Exchange, so it is very important for banking companies to pay attention to the value of their companies. This study aims to analyze the effect of the implementation of Good Corporate Governance on firm value through the existence of profitability. This study used a quantitative approach and secondary data collection, by testing the causal relationship of measurable research variables, namely examining the effect of GCG on firm value and profitability and positioning the profitability variable as an intervening variable. This study found that the direct relationship between GCG and profitability to firm value has an influence. Whereas, the results of this study also indicate the ineffective use of the proxied profitability of Return on Equity (ROE) as an intervening variable in the effect of GCG on firm value. This means that in banking companies listed on the IDX for the 2017-2019 period, GCG does not have an indirect effect on company value through profitability. Based on the results, if bank management pays more attention to the application of the principles of good governance (GCG), it will have an impact on increasing firm value.

scholarly journals EFFECT OF BUSINESS STRATEGY AND PROFIT MANAGEMENT OF COMPANY PERFORMANCE (Case Study on Manufacturing Companies in the Consumer Goods Industry Sector on the Indonesia Stock Exchange 2013-2016)

2020 ◽  
pp. 13-22
Author(s):  
Wieta Chairunesia ◽  
Rista Bintara ◽  
Molina, ◽  
Bambang Subiyanto
Keyword(s):  
Corporate Governance ◽  
Earnings Management ◽  
Business Strategy ◽  
Stock Exchange ◽  
Company Performance ◽  
Manufacturing Companies ◽  
Governance Mechanisms ◽  
Industry Sector ◽  
Good Corporate Governance ◽  
Corporate Governance Mechanisms

The purpose of this study was to determine the effect of Business Strategy, Profit Management and Good Corporate Governance Mechanisms on Financial Performance This study used manufacturing companies in the consumer goods industry sector which were listed on the Indonesia Stock Exchange during 2013-2016. This research is a quantitative study that analyzes the Effect of Business Strategy, Profit Management and Good Corporate Governance Mechanisms on Financial Performance. This research uses multiple regression analysis methods. A good business strategy by suppressing earnings management activities through the mechanism of Good Corporate Governance is expected to improve company performance. The results of this study indicate that (1) the Business Strategy which is proxied by Low Cost and the mechanism of Good Corporate Governance which is proxied by the Independent Board of Commissioners has a significant positive effect on company performance, (2) the mechanism of Good Corporate Governance which is proxied by the Independent Board of Commissioners has a significant negative effect on company performance, (3) Profit Management and Good Corporate Governance mechanisms that are proxied by the Audit Committee have no effect on company performance. KEYWORDS: Business Strategy, Company Performance, Earnings Management, Good Corporate Governance Mechanism.

scholarly journals THE EFFECT OF FINACIAL PERFORMNACE TO CORPORATE VALUJE WITH THE DISCLOSURE OF GOOD CORPORATE GOVERNANCE AND CORPORATE SOCIAL RESPONSIBILITY AS MODERATING VARIABLE

2017 ◽  
Vol 13 (2) ◽  
pp. 113
Author(s):  
Guido S ◽  
Hexana Sri Lastanti ◽  
Murtanto Murtanto
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Stock Exchange ◽  
Corporate Value ◽  
Manufacturing Companies ◽  
Company Value ◽  
Good Corporate Governance ◽  
Corporate Social

<p>This research is done to know effects of financial performance toward corporate value by using the disclosure of Good Corporate Governance and Corporate Social Responsibility as a moderating variable. ROA, ROE, and Leverage as an indicator of financial performance is known as the independent variable. Company value measured by Tobin’s is known as the dependent variable. Good Corporate Governance(GCG) and Corporate Social Responsibility (CSR) is moderating variable.</p><p>The companies that are in this research are manufacturing companies which are listed in the Indonesia Stock Exchange (IDX) starting from 2004 until 2007, published financial statements ending 31 December, and had complete data of Good Corporate Governance and Corporate Social Responsibility. The data is then processed by using statistical appliance that are called regression with interaction.</p><p>According to the research, the financial performance (ROA and leverage) has an effect on corporate value. Disclosure of Corporate Social Responsibility(CSR) does not affect to financial performance (ROA and Leverage) toward the value of the company. Disclosure of Good Corporate Governance (GCG) affects the financial performance of relationship (ROA and Leverage) toward the value of the company.</p>

scholarly journals Peran Profitabilitas dan Good Corporate Governance dalam Memediasi Pengaruh Struktur Modal Terhadap Nilai Perusahaan

2021 ◽  
Vol 2 (1) ◽  
pp. 61-76
Author(s):  
Imam Mujahidin ◽  
Luhgiatno Luhgiatno ◽  
Eman Sukanto
Keyword(s):  
Corporate Governance ◽  
Capital Structure ◽  
Firm Value ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Single Test ◽  
Company Value ◽  
Good Corporate Governance ◽  
Food And Beverage ◽  
The Relationship

This study is about the value of the food and beverage sector manufacturing companies in the Indonesia Stock Exchange from 2013 to 2016. The objective is to analyze the effect of Profitability and Good Corporate Governance in mediating the effect of capital structure on firm value. Methods of data analysis using multiple regression and single test to test the hypothesis. The population in this research are food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange from 2016 to 2018. The sample in this study was selected through purposive sampling, so that a sample of 42 companies was obtained. The result of this research is that capital structure has a negative and significant effect on profitability. Capital structure has a positive and significant effect on Good Corporate Governance (GCG). Capital structure has a positive and significant effect on Firm Value. Profitability has a positive and significant effect on Firm Value. Good Corporate Governance (GCG) has a positive and insignificant effect on Company Value. Profitability cannot mediate the relationship between capital structure and firm value. Good Corporate Governance (GCG) cannot mediate the relationship between capital structure and firm value.

scholarly journals THE EFFECT OF GOOD CORPORATE GOVERNANCE AND TAX PLANNING ON COMPANY VALUE

2018 ◽  
Vol 1 (3) ◽  
pp. 234
Author(s):  
Angga Hidayat ◽  
Nike Yuliah
Keyword(s):  
Corporate Governance ◽  
Regression Analysis ◽  
Firm Value ◽  
Quantitative Research ◽  
Stock Exchange ◽  
Secondary Data ◽  
Tax Planning ◽  
Manufacturing Companies ◽  
Company Value ◽  
Good Corporate Governance

This study aims to analyze the influence of Good Corporate Governance and tax planning on corporate value. This research is a type of quantitative research. The type of data used is secondary data obtained from www.idx.co.id and the company's website. The analytical method used is multiple regression analysis using SPSS version 22 software. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange during the period 2013-2017. While the sample of this study was determined by purposive sampling method to obtain a total of 105 data that could be processed.Based on the results of good corporate governance regression analysis which is represented by institusional ownership proxy has a significant effect on firm value and tax planning has a significant effect on firm value.

scholarly journals Does the Quality of Good Corporate Governance Provide Economic Value for Investors? Evidence from Indonesia

2019 ◽  
Vol 9 (2S3) ◽  
pp. 458-462
Keyword(s):  
Corporate Governance ◽  
Stock Exchange ◽  
Hypothesis Test ◽  
Sampling Technique ◽  
Significant Positive Effect ◽  
Return On Assets ◽  
Company Value ◽  
Good Corporate Governance ◽  
The Impact ◽  
Positive Effect

This study aims to examine the impact of Good Corporate Governance (GCG) on corporate value by using financial performance proxied by Return on Assets (ROA) and Return on Equity (ROE) as intervening variables. The samples used in this study were Non-financial companies participating in the Corporate Governance Perception Index (CGPI) listed on the Stock Exchange during the period 2012 to 2016. The sampling technique used in this study was purposive sampling technique.The tests that will be carried out are Analysis of Multiple Linear Regression and Hypothesis Test (partial and simultaneous test) using the Eviews program. The test results show that the variable Good Corporate Governance (GCG) has a significant positive effect on Return on Assets (ROA), the Return on Assets (ROA) variable has a significant positive effect on influencing the value of the company. ROA variables are proven to interfere with the influence of Good Corporate Governance (GCG) on company value. While the ROE variable is not proven to mediate the influence of GCG on the value of the company. The direct influence of Good Corporate Governance on company value is also not empirically proven. GCG variables have no effect on ROE. Likewise the ROE variable does not have an influence on the value of the company.

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