scholarly journals Analisa Faktor Yang Berpengaruh Terhadap Nilai Perusahaan Dengan Kualitas Laba Sebagai Variabel Intervening Pada Perusahaan Manufaktur

ProBank ◽  
2018 ◽  
Vol 3 (2) ◽  
pp. 8-16
Author(s):  
V. Titi Purwantini ◽  
Supriyono Supriyono
Keyword(s):  
Indirect Effect ◽  
Audit Committee ◽  
Earnings Quality ◽  
Institutional Ownership ◽  
Managerial Ownership ◽  
Corporate Value ◽  
Corporate Values ◽  
Insignificant Effect ◽  
Company Value

The purpose of this studi is to analyze of Factors that affect the Company Value with the Quality of profit as intervening variable on manufacture company on  Manufacturing Companies Listed In Indonesia Stock Exchange. The results obtained as follows: Direct Influence Managerial ownership has a negative and significant effect on Corporate Value, Institutional ownership has a positive and significant effect on Corporate Value, Audit Committee existence has negative and insignificant effect on firm value. Indirect Effect is managerial ownership has a negative and insignificant effect on profit quality as well as earnings quality has positive and significant effect to company value, institutional ownership has negative and insignificant effect on profit quality and earnings quality have positive and significant influence to company value while existence of audit committee influences positive and significant to profitability as well as earnings quality have positive and significant impact to company value. Direct influence Managerial ownership of Corporate Value is greater than the indirect effect of managerial ownership on Corporate Value by mediating the quality of earnings so as to increase the Company's value of the selected direct path. It can be said that earnings quality can not function as intervening variable between managerial ownership and company value. The direct effect of Institutional Ownership on Corporate Value is greater than the indirect effect of Institutional Ownership on Corporate Values with the mediation of earnings quality, so as to increase the Company's value of selected direct paths. It can be said that earnings quality can not function as intervening variable between managerial ownership and company value. The Influence of Audit Committee's Existence on Corporate Value is less than indirect influence The existence of the Audit Committee on Corporate Values with the mediation of earnings quality so as to increase the Company's value is chosen indirect path. It can be said that earnings quality can serve as intervening variable between Audit Committee's existence with company value.                                                                                                                        Keywords: managerial ownership, institutional ownership, presence of audit committee, corporate value, earnings quality

scholarly journals Pengaruh Corporate Governance terhadap Nilai Perusahaan pada Perusahaan Perbankan yang Terdaftar di BEI Tahun 2011-2014

Telaah Bisnis ◽  
2017 ◽  
Vol 17 (2) ◽  
Author(s):  
Andy Meindarto ◽  
Fitri Lukiastuti
Keyword(s):  
Corporate Governance ◽  
Firm Value ◽  
Audit Committee ◽  
Earnings Quality ◽  
Linear Regression Analysis ◽  
Institutional Ownership ◽  
Multiple Linear Regression Analysis ◽  
Managerial Ownership ◽  
Governance Mechanism

Abstract This study aims to determine the effect of corporate governance on corporate value with the quality of earnings as an intervening variable. Corporate governance mechanism uses four variables managerial: ownership, institutional ownership, the proportion of independent directors and audit committee. The sample consist of 28 banking companies in 2011-2014. The research used Multiple Linear Regression Analysis to test the influence of in­dependent variables on dependent variable. Varible of earnings quality that measured by DA (Discretionary Accrual) has effect on firm value. Institutional ownership of independent board and audit committee have effect on earning quality. Other variables such managerial owner­ship and institutional ownership have no effect on earnings quality. Institutional ownership and independent board have effect on firm value, meanwhile managerial ownership and the audit committee have no effect on firm value. The value of adjusted R2 for the effect of corporate gov­ernance mechanisms on the quality of earnings was 0.170 or 17%. While the value of adjusted R2 for the effect of corporate governance mechanisms on firm value with the quality of earnings as an intervening variable was 0.311 or 31.1%.

scholarly journals The effect of sharia share selection based on financial ratio and corporate governance mechanism on the quality of company profit

2021 ◽  
Vol 3 (2) ◽  
pp. 241-272
Author(s):  
Nida Ulya Sofana ◽  
Faris Shalahuddin Zakiy ◽  
Muchammad Fauzi ◽  
Singgih Muheramtohadi ◽  
Najim Nur Fauziah
Keyword(s):  
Corporate Governance ◽  
Audit Committee ◽  
Earnings Quality ◽  
Institutional Ownership ◽  
Stock Index ◽  
Managerial Ownership ◽  
Governance Mechanisms ◽  
Corporate Governance Mechanisms ◽  
Equity Ratio

Purpose - This study aims to obtain empirical evidence regarding the effect of Islamic stock selection based on financial ratios (debt to assets ratio, debt to equity ratio, non-halal income ratio) and corporate governance mechanisms (managerial ownership, independent commissioners, institutional ownership, audit committee) on company earnings quality.Method - The population of this research is all companies that are members of the Indonesian Sharia Stock Index in 2017-2019. The sample selection used purposive sampling method and obtained 67 sample companies. This study uses secondary data with multiple linear regression analysis method.Result - Debt to assets ratio, managerial ownership, institutional ownership, and audit committee have no significant positive effect on earnings quality. The ratio of non-halal income has a negative and significant effect on earnings quality. Meanwhile, the debt to equity ratio and independent commissioners do not have a significant negative effect on earnings quality.Implication - Companies that are members of the Indonesian Sharia Stock Index are expected to be able to improve the quality of their financial reports. On the other hand, investors are expected to find out and study the company's annual report as a material consideration for investment decisions.Originality - The originality of the research is this study intends to develop previous research by examining the selection criteria for sharia shares and corporate governance mechanisms.

scholarly journals THE EFFECT OF PROFITABILITY AND GOOD CORPORATE GOVERNANCE ON EARNINGS QUALITY

2020 ◽  
Vol 25 (1) ◽  
pp. 13-27
Author(s):  
Rani Aprilian ◽  
Kiagus Andi ◽  
Yunia Amelia
Keyword(s):  
Corporate Governance ◽  
Audit Committee ◽  
Sampling Method ◽  
Stock Exchange ◽  
Earnings Quality ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Institutional Ownership ◽  
Managerial Ownership ◽  
Good Corporate Governance

This study aims to examine the effect of profitability and good corporate governance on earnings quality in food and beverage companies listed on Indonesia Stock Exchange (IDX) 2015-2018 period. Profitability is calculated using Return on Assets (ROA). The proxy of Good Corporate Governance are institutional ownership, managerial ownership, audit committee, and independent commissioner. The dependent variable in this study is earnings quality measured by discretionary accrual using Modified Jones Model to detect earning management. This study used secondary data from the official website of Indonesian Stock Exchange (www.idx.co.id) and the sampling method in this study uses purposive sampling method. The data analysis in this study using multiple linear regression analysis. The results of this study indicate that profitability and audit committee have a positive effect on earnings quality, while the independent commissioner has a negative effect on earnings quality. Other independent variables i.e. institutional ownership and managerial ownership have no significant effect on earnings quality

scholarly journals Investment opportunity set to earning quality and firm’s value: Corporate governance mechanism as moderating variable.

2017 ◽  
Vol 14 (4) ◽  
pp. 435-448
Author(s):  
Bambang Bemby Soebyakto ◽  
Kencana Dewi ◽  
Mukhtaruddin M ◽  
Shendy Arsela
Keyword(s):  
Corporate Governance ◽  
Firm Value ◽  
Audit Committee ◽  
Earnings Quality ◽  
Institutional Ownership ◽  
Managerial Ownership ◽  
Investment Opportunity ◽  
Committee Meeting ◽  
Corporate Governance Mechanisms ◽  
Investment Opportunity Set

This study aims to see the effect of Investment Opportunity Set (IOS) to earnings quality and firm value with corporate governance mechanisms (frequency of audit committee meeting, the composition of Independent board of commissioners, institutional ownership, and managerial ownership) as the moderating variable. In this study population was manufacturing companies listing from year 2009 until 2012. The samples were selected by using of purposive sampling method. After the selecting population based on the certain criteria, there are 15 companies sampled. The data analysis technique used in this study is multiple regression analysis. The result frequency of audit committee meeting, the composition of Independent board of commissioners, institutional ownership, and managerial ownership) does not influence the earnings quality but significantly influence the firm value. Based on the testing of partial, IOS does not effect on the earnings quality but significantly effect on the firm value and IOS which moderated by corporate governance mechanisms (frequency of audit committee meeting, the composition of Independent board of commissioners, institutional ownership, and managerial ownership) does not effect on the earnings quality and the firm value.

scholarly journals Coorporate governance mechanism and the moderating effect of independency on the integrity of financial reporting

2016 ◽  
Vol 13 (4) ◽  
pp. 68-74 ◽  
Author(s):  
Enni Savitri
Keyword(s):  
Audit Committee ◽  
Institutional Ownership ◽  
Financial Statements ◽  
Managerial Ownership ◽  
Governance Mechanism ◽  
Public Accounting ◽  
Accounting Firm ◽  
The Relationship ◽  
Moderating Role

The purpose of this study is to examine the moderating role of independency on the relationship between corporate governance mechanisms and institutional ownership, managerial ownership, independent commissioners, audit committee and the quality of public accounting firm towards the integrity of financial statements. This study used a sample of companies listed on the Indonesia Stock Exchange during in 2014. There were 138 companies that were examined. Moderated Regression Analysis (MRA) was used to test the hypotheses. Results show that independency has a full moderating role on the relationship between institutional ownership, independent commissioners and quality of public accounting firm towards the integrity of financial statements. Independency has no moderating role on the relationship between managerial ownership and audit committee towards the integrity of financial statements. Keywords: independency; corporate governance mechanism, quality, integrity. JEL Classification: G34, M41, M48

scholarly journals PENGARUH INVESTMENT OPPORTUNITY SET (IOS) DAN MEKANISME CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN LQ45 TAHUN 2015-2017

AKUNTABILITAS ◽  
2019 ◽  
Vol 13 (1) ◽  
pp. 83-98 ◽  
Author(s):  
Jerry Juarsa ◽  
Abu Kosim ◽  
Eka Meirawati
Keyword(s):  
Corporate Governance ◽  
Audit Committee ◽  
Sampling Method ◽  
Sample Selection ◽  
Institutional Ownership ◽  
Managerial Ownership ◽  
Investment Opportunity ◽  
Company Value ◽  
Corporate Governance Mechanisms ◽  
Investment Opportunity Set

This study aimed to examine how the effect of the Investment Opportunity Set (IOS) and the Mechanism of Corporate Governance on LQ45 Company Values for 2015-2017. This type of research is quantitative. The sample selection were conducted by the purpose sampling method. The number of samples used was 13 companies with observations for 3 years. Data were analyzed with using the multiple linear regression. The results of the study showed that the Investment Opportunity Set (IOS) had an effect on company value and corporate governance mechanisms proxied by the audit committee, independent board of commissioners, institutional ownership and managerial ownership did not affect LQ45 company value.

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

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.

scholarly journals The effect of corporate governance on company value (Empirical study of LQ 45 companies listed on the Indonesia Stock Exchange period 2015-2017)

2019 ◽  
Vol 9 (2) ◽  
pp. 155
Author(s):  
Karmila Febrianti ◽  
Nurul Hasanah Uswati Dewi
Keyword(s):  
Corporate Governance ◽  
Board Of Directors ◽  
Firm Value ◽  
Audit Committee ◽  
Stock Exchange ◽  
Institutional Ownership ◽  
Managerial Ownership ◽  
Governance Mechanism ◽  
Company Value ◽  
Independent Audit

This research aims to examine the effect of corporate governance on company value of LQ 45 companies listed on the Indonesia Stock Exchange (IDX). The corporate governance mechanism consists of institutional ownership, proportion of independent commissioner, managerial ownership, independent audit committee, remuneration and nomination committee, board of directors, and board of commissioners, while firm value is proxied by Tobin’s Q. This research used 106 companies as a sample taken from a population of 135 companies in LQ 45 listed on the Indonesia Stock Exchange (IDX) period 2015-2017. The data were analyzed using a multiple linier regression analysis with SPSS program. The result shows that corporate governance mechanisms which are proxied by institutional ownership, proportion of independent commissioners, board of directors, and board of commissioners have an effect on firm value, while the corporate governance which are proxied by managerial ownership, independent audit committee, and remuneration and nomination committee have no effect on firm value.

scholarly journals Does Earnings Quality Mediate The Effect Of Corporate Governance On Firm Value

2021 ◽  
Vol 2 (6) ◽  
pp. 2026-2040
Author(s):  
Kodriyah ◽  
Nana Umdiana ◽  
Denny Putri Hapsari ◽  
Santi Octaviani
Keyword(s):  
Corporate Governance ◽  
Firm Value ◽  
Audit Committee ◽  
Earnings Quality ◽  
Institutional Ownership ◽  
Managerial Ownership ◽  
Corporate Governance Mechanisms ◽  
Analysis Technique ◽  
Other Information ◽  
The Board Of Directors

This study aims to examine the influence of corporate governance factors on firm value and earnings quality as mediating variables. Research Methodology Using Purposive Sampling techniques, so as to obtain a data of 102. The analysis technique used was to use multiple regression and path analysis. Indicator of corporate governance has effect on firm value are managerial ownership and audit committee. Indicator of corporate governance has effect on earnings quality are Institutional ownership and audit committee. The earnings quality has no significant effect on the value of the company and has not been able to mediate the influence of managerial ownership, institutional ownership and committee on the value of the company. The corporate governance indicator is used 3 while there are other indicators such as the proportion of the independent commissioners board and the proportion of the board of directors. Investors do not only look at the financial aspects but can also see other information such as the implementation of corporate governance mechanisms as one of the considerations for investment decisions

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