EFFECT OF FINANCIAL PERFORMANCE AND GOOD CORPORATE GOVERNANCE ON VALUE OF COMPANY

This study aimsato Determine and analyzeathe influence of financialaperformance (returnson investment and return on equity) and good corporate governance (managerial ownership, independent board of commissioner, and the auditacommittee) to the value of the company. The population insthissstudysaresallsmanufacturingscompaniedslistedsonsthesIndonesia Stock Exchange period 2014 to 2016. Sampling technique in this study using purposive samplingsmethod, Obtained a sample of 19 companies over three periods, the resulting in a total sample of 57. Data analysis techniques used is using multiplearegressionaanalysis. The results of the feasibility study models (F test) shows that the variables return on investment, return on equity, managerial ownership, independent boardaofaCommissioners, andatheaauditacommittee influence the value of the company. The result of hypothesis test (t test) shows that the variable of return on investment, return on asset, and independent board of commissioner influence to firm value, while managerial ownership variable and audit committee have no effect to company value.

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PENGARUH GOOD CORPORATE GOVERNANCE, DAN KARAKTERISTIK PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Jurnal Bisnis dan Akuntansi ◽

10.34208/jba.v20i1.404 ◽

2019 ◽

Vol 20 (1) ◽

pp. 21-32

Author(s):

DWI PUTRI KARTIKA SARI ◽

RIKI SANJAYA

Keyword(s):

Corporate Governance ◽

Firm Value ◽

Audit Committee ◽

Sampling Method ◽

Financial Statement ◽

Managerial Ownership ◽

Return On Equity ◽

Good Corporate Governance ◽

Financial Firm ◽

Analyze Data

The objective of this research to investigate the influence of good corporate governance and firm’s characteristic on firm value as a firm’s strategy to upgrade their value. This study use financial statement from non financial firm in Bursa Efek Indonesia for three years, start from 2014 – 2016. This study using purposive sampling method for determine a sample is required and using multiple regression and statistic descriptive for analyze data. The result of this study is four of eight variable independen influence on firm value. Independent commissioner, size of commissioner, Return on Equity, and Leverage as a component of good corporate governance influence firm value. But another good corporate governance’s component like managerial ownership, institusional ownership, audit committee, and component of firm’s characteristic there is firm size don’t effect firm value.

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PENGARUH CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN DI BURSA EFEK INDONESIA STUDI PADA SEKTOR CONSUMER GOODS PERIODE 2013-2017

account ◽

10.32722/acc.v6i2.2483 ◽

2019 ◽

Vol 6 (2) ◽

Author(s):

Tasya Anindya Pramesti ◽

Elly Mirati ◽

Petrus Hari Kuncoro

Keyword(s):

Corporate Governance ◽

Consumer Goods ◽

Firm Value ◽

Audit Committee ◽

Stock Exchange ◽

Sampling Technique ◽

Managerial Ownership ◽

Panel Regression ◽

Company Performance ◽

Analysis Method

PENGARUH CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN DIBURSA EFEK INDONESIA STUDI PADA SEKTOR CONSUMER GOODS PERIODE 2013-2017Tasya Anindya [email protected]. Elly [email protected] Hari Kuncoro [email protected] Studi Manajemen Keuangan Politeknik Negeri JakartaABSTRACTCorporate governance is one of the most important mechanism in the internal companymanagement to keep the company performance with the intention to incrase the firm value. Thepurpose of this study is to test the influence of corporate governance on firm value which is proxiedwith PBV. This research is quantitative and assocative research where data is obtained from annualreport from company that listed in Indonesia Stock Exchange in the consumer goods sector in 2013-2017 published by BEI. The population of this study are 46 companies with the sampling technique used is purposive sampling and 6 companies are choosen. The data analysis method used is panel regression through several tests including classic assumption test and hyppothesis testing partially and simultaneously. The results of this study are managerial ownership is significantly influenced firm value, but institutional ownership, independent commisioner, and audit committee has no influence on firm value significantly, and corporate governance simultaneously is significantly influenced firm value.Keywords: Corporate Governance, Firm Value, PBV ABSTRAKCorporate governance merupakan salah satu mekanisme yang sangat penting dalam suatuinternal manajemen perusahaan untuk menjaga kinerja perusahaan dengan tujuan meningkatkannilai perusahaan. Tujuan dari penelitian ini adalah untuk menguji pengaruh corporate governanceterhadap nilai perusahaan yang diwakilkan dengan PBV. Penelitian ini adalah penelitian kuantitatifdan asosiatif dimana data diperoleh dari laporan tahunan perusahaan yang terdaftar di Bursa EfekIndonesia sektor consumer goods pada periode 2013-2017 yang diterbitkan oleh BEI. Populasi daripenelitian adalah 46 perusahaan dengan teknik pengambilan sampel menggunakan purposivesampling dan hasil sampel penelitian ini sebanyak 6 perusahaan. Metode analisis data yangdigunakan adalah metode regresi data panel termasuk pengujian asumsi dan kesesuaian model danpengujian hipotesis baik secara parsial dan secara simultan. Hasil dari penelitian ini menunjukanbahwa kepemilikan manajerial berpengaruh terhadap nilai perusahaan, sedangkan kepemilikaninstitusonal, komisaris independen, dan komite audit tidak berpengaruh signifikan terhadap nilaiperusahaan, dan corporate governance secara simultan berpengaruh terhadap nilai perusahaan. Kata kunci: Corporate Governance, Nilai perusahaan, PBV

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MEKANISME GOOD CORPORATE GOVERNANCE, UKURAN PERUSAHAAN, STRUKTUR KEPEMILIKAN MANAJERIAL DAN LEVERAGE PADA MANAJEMEN LABA PADA EMITEN PERBANKAN DI BURSA EFEK INDONESIA

Jurnal Riset Manajemen dan Bisnis ◽

10.21460/jrmb.2015.101.352 ◽

2015 ◽

Vol 10 (1) ◽

pp. 1

Author(s):

Rowland Pasaribu ◽

Dionysia Kowanda ◽

Muhammad Firdaus

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Firm Size ◽

Audit Committee ◽

Audit Quality ◽

Stock Exchange ◽

Sampling Technique ◽

Earning Management ◽

Managerial Ownership ◽

Good Corporate Governance

ABSTRACT This reseach amied at knowing the influence of audit quality, propotion of independent commissioner, audit committe, firm size, managerial ownership and leverage. It used purposive sampling technique or choosing samples based on certain criteria. The sample of this research was 25 companies of banking industry in indonesia stock exchange period 2008-2012. Descriptive analysis, classical test, as well as multiple linear regression by examining the hypothesis using SPSS 20.0 were used to analyzed the data. The result shows that (1) all independent variables simultaneously hasinfluence on earnings management; (2) however partially audit committee, audit quality, managerial ownership and leverage do not affect significantly to earnings management; (3) only firm size and independent commissioner that affect significantly to earning management. Keywords: Earning Management, Good Corporate Governance, Firm Size, BankingABSTRAK Penelitian ini bertujuan untuk menganalisis dan menguji secara empiris signifikansi parsial dan simultan dari kualitas audit, komisaris independensi audit, komite audit, ukuran perusahaan, struktur kepemilikan, dan leverage terhadap manajemen laba pada emiten perbankan di bursa efek Indonesia periode 2008-2012. Teknik analisis yang digunakan adalah multiregresi. Hasil studi menunjukkan bahwa secara simultan seluruh variabel independen berpengaruh signifikan sedangkan secara parsial hanya ukuran perusahaan dan komisi independensi audit yang berpengaruh signifikan terhadap manajemen laba. Kata Kunci: Manajemen Laba, Mekanisme Tata Kelola, Ukuran Perusahaan, Perbankan,

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The Effect of Good Corporate Governance and Environmental Performance on Financial Performance of the Proper Listed Company on Indonesia Stock Exchange

Binus Business Review ◽

10.21512/bbr.v8i1.1757 ◽

2017 ◽

Vol 8 (1) ◽

pp. 1

Author(s):

Abigail Andriana ◽

Rosinta Ria Panggabean

Keyword(s):

Corporate Governance ◽

Financial Performance ◽

Environmental Performance ◽

Audit Committee ◽

Stock Exchange ◽

Listed Company ◽

Managerial Ownership ◽

Return On Equity ◽

Good Corporate Governance ◽

Research Population

This research aimed to determine whether the environmental performance and Good Corporate Governance (GCG) mechanisms, such as managerial ownership, institutional ownership, the proportion of independent commissioners had effects of the audit committee on measured financial performance by using Return on Equity (ROE). This research population was manufacturing company listed on Indonesia Stock Exchange that participated in PROPER 2012/2013 and 2013/2014. Based on the multiple regression analysis, audit committee partially had a significant effect on financial performance, while the others did not. Meanwhile, the analysis result shows that environmental performance and all GCG mechanisms simultaneously have significant effects on financial performance.

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PENGARUH PROFITABILITAS DAN GOOD CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN

ECONBANK: Journal of Economics and Banking ◽

10.35829/econbank.v1i2.47 ◽

2019 ◽

Vol 1 (2) ◽

pp. 158-173

Author(s):

Rama Andi Wiguna ◽

Muhammad Yusuf

Keyword(s):

Corporate Governance ◽

Firm Value ◽

Audit Committee ◽

Sampling Method ◽

Stock Exchange ◽

Institutional Ownership ◽

Managerial Ownership ◽

Significant Positive Effect ◽

Good Corporate Governance ◽

Positive Effect

This research aimed to get empirical evidence about the effect of profitability and good corporate governance as proxied by the proportion of independent board commissioners, number of board commissioners meetings, proportion of audit committee, number of audit committee meetings, managerial ownersip and institutional ownership. The population of this research was companies listed on the Indonesia Stock Exchange in 2016-2017. The sample of this research was fixed by purposive sampling method so that was found 88 samples. Technique of data analysis was multiple linear regression. The result of research showed that profibility, the proportion of independent board commissioners, proporsion of audit committee, managerial ownership and institutional ownership had significant positive effect on firm value, while commissioners meetings and audit committee meetings had no effect on firm value

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PENGARUH PENGUNGKAPAN CSR DAN TATA KELOLA PERUSAHAAN TERHADAP NILAI PERUSAHAAN SEKTOR INDUSTRI SUB SEKTOR TEKSTIL DAN GARMEN

Jurnal Akuntansi ◽

10.25170/jak.v15i1.1619 ◽

2021 ◽

Vol 15 (1) ◽

pp. 42-70

Author(s):

Farah Latifah Nurfauziah ◽

Citra Kharisma Utami

Keyword(s):

Corporate Governance ◽

Corporate Social Responsibility ◽

Social Responsibility ◽

Firm Value ◽

Audit Committee ◽

Stock Exchange ◽

Managerial Ownership ◽

Corporate Social Responsibility Disclosure ◽

Good Corporate Governance ◽

Corporate Social

The purpose of this study was to determine the effect of Corporate Social Responsibility Disclosure and Good Corporate Governance on Firm Value in Various Industries Sector, Textile and Garment Sub-Sector Listed on the Indonesia Stock Exchange 2014-2019 Period. This research method uses a descriptive method with a quantitative approach. The source of this research uses secondary data sourced from the annual report of various sector companies in the textile and garment sub-sector listed on the Indonesia Stock Exchange. The sample of this study were 9 companies using purposive sampling technique. The results of this study indicate that partially the Corporate Social Responsibility Disclosure has a significant effect on Firm Value. Meanwhile, Good Corporate Governance with indicators (Managerial Ownership, Institutional Ownership, Independent Ownership and Audit Committee) Managerial Ownership and Audit Committee have a significant effect on Firm Value, while Institutinal Ownership and Independent Comissioner don’t have a significant effect on Firm Value.

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Good corporate governance, ethnic CEO and audit fees for manufacturing companies listed on the Indonesia stock exchange (IDX)

Jurnal Akuntansi & Auditing Indonesia ◽

10.20885/jaai.vol25.iss1.art7 ◽

2021 ◽

Vol 25 (1) ◽

pp. 65-75

Author(s):

Umi Kalsum ◽

Luk Luk Fuadah ◽

Rika Henda Safitri

Keyword(s):

Corporate Governance ◽

Audit Committee ◽

Positive Impact ◽

Stock Exchange ◽

Statistical Tests ◽

Sampling Technique ◽

Audit Fees ◽

Managerial Ownership ◽

Manufacturing Companies ◽

Good Corporate Governance

This study aims to examine the effect of Good Corporate Governance, CEO ethnicity, and Audit Fees in Manufacturing Companies listed on Indonesia Stock Exchange within the period of 2014-2018. The independent variable used in this study is Good Corporate Governance, which is represented by the variable of the Independent Commissioner, Audit Committee, Managerial Ownership, Institutional Ownership and CEO Ethnicity, while the dependent variable used is Audit Fee. This quantitative research employed the descriptive research method. The population in this study included manufacturing companies listed on the Indonesia Stock Exchange (IDX). The sampling technique used in this research is purposive sampling with certain criteria and 220 data were obtained from observations within the period of 2014-2018. The data were analyzed using multiple regression analysis with Statistical Package for the Social Sciences (SPSS) software by performing calculations and descriptive statistical tests, classical assumption tests, partial tests and determination coefficient tests.The results of this study indicate that Independent Commisioner, Audit Committee, Managerial Ownership, and CEO Ethnicity have a significantly positive impact on Audit Fees.

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Determinan nilai perusahaan

IMANENSI: Jurnal Ekonomi, Manajemen dan Akuntansi Islam ◽

10.34202/imanensi.3.2.2018.38-47 ◽

2019 ◽

Vol 3 (2) ◽

pp. 38-47

Author(s):

Darti Djuharni ◽

Vanyah Jessica Rajani

Keyword(s):

Corporate Governance ◽

Firm Value ◽

Linear Regression Analysis ◽

Institutional Ownership ◽

Total Sample ◽

Multiple Linear Regression Analysis ◽

Managerial Ownership ◽

Return On Equity ◽

Good Corporate Governance ◽

Equity Ratio

Abstrak Tujuan penelitian ini adalah untuk mengetahui pengaruh Good Corporate Governance (GCG), profitabilitas, dan leverage terhadap nilai perusahaan. Metode yang digunakan adalah analisis regresi linier berganda dengan jumlah sampel sebanyak 39 dari 13 perusahaan sub sektor pertambangan. Hasil penelitian menunjukkan Good Corporate Governance, yang diproksikan dengan kepemilikan institusional dan kepemilikan managerial, profitabilitas dengan proksi Return On Equity (ROE), dan leverage menggunakan proksi Debt to Equity Ratio (DER) berpengaruh terhadap nilai perusahaan. Abstract The purpose of this study is to determine the effect of Good Corporate Governance (GCG), profitability, and leverage on firm value. The method used is multiple linear regression analysis with a total sample of 39 out of 13 mining sub-sector companies. The results of the study indicate Good Corporate Governance, which is proxied by institutional ownership and managerial ownership, profitability with proxy Return On Equity (ROE), and leverage using the proxy Debt to Equity Ratio (DER) to affect the value of the company.

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Good Corporate Governance, Kepailitan dan Nilai Perusahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia

E-Jurnal Akuntansi ◽

10.24843/eja.2021.v31.i01.p11 ◽

2021 ◽

Vol 31 (1) ◽

pp. 142

Author(s):

Victor Jonathan Mahubessy

Keyword(s):

Corporate Governance ◽

Random Sampling ◽

Firm Value ◽

Audit Committee ◽

Institutional Ownership ◽

Managerial Ownership ◽

Mining Companies ◽

Company Value ◽

Good Corporate Governance ◽

Analysis Technique

This research was conducted with the aim of proving the effect of Good Corporate Governance, demonstrated by managerial ownership, institutional ownership, independent board of commissioners and audit committee as well as potential bankruptcy on Firm value. The population used by mining companies on the IDX in 2017 - 2019 was 15 companies observed after random sampling. The data analysis technique used is regression analysis. The results of this study provide evidence that the independent commissioner, potential bankruptcy, and audit committee have a significant effect on Firm value, while managerial ownership and institutional ownership have no significant effect on Firm value. Keywords : Company Value; Corporate Governance; Bankruptcy Potential.

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Analisis Pengaruh Good Corporate Governance Dan Profitabilitas Terhadap Nilai Perusahaan Pada Bank Swasta Devisa Nasional Yang Terdaftar Di Bursa Efek Indonesia (BEI) Tahun 2015-2019

JAKUMA : JURNAL AKUNTANSI DAN MANAJEMEN KEUANGAN ◽

10.31967/jakuma.v2i1.513 ◽

2021 ◽

Vol 2 (1) ◽

pp. 1-20

Author(s):

Wiwin Indah Sari ◽

Haifah Haifah ◽

Wiwik Fitria Ningsih

Keyword(s):

Corporate Governance ◽

Board Of Directors ◽

Foreign Exchange ◽

Firm Value ◽

Audit Committee ◽

Stock Exchange ◽

Sampling Technique ◽

Good Corporate Governance ◽

Private Banks ◽

The Board Of Directors

This study aims to analyze the effect of good corporate governance and profitability on firm value in National Private Foreign Exchange Banks listed on the Indonesia Stock Exchange (IDX) for the 2015-2019 period. Good corporate governance variable is proxied by the board of commissioners, board of directors, and audit committee, while profitability is proxied by net profit margin (NPM). The research sample was selected based on purposive sampling technique, so as to obtain a sample of 14 national foreign exchange private banks. The analytical method used is multiple regression analysis. The results showed that partially the board of commissioners, board of directors, audit committee, and profitability had no significant effect on firm value. Simultaneously, all the independent variables, namely the board of commissioners, the board of directors, the audit committee, and profitability have a significant effect on firm value.

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