Role of Good Corporate Governance as a Moderating Variable of the Influence of Financial Performance and Company Size on Company Value

Monica Damayanti, Aminullah Assagaf

Abstract


The value of the company is the perception of investors toward the company, which is often linked to the share price. The high share price makes the value of a company is also high. The stock price is the price that occurs when stock in trade in the market. There are several factors that affect the value of the company. This research aims to obtain empirical evidence the effect of financial performance and firm size to firm value with and Good Corporate governance (GCG) as a moderating variable. Sample in this research is the firm of manufacture which enlist in Indonesia Stock Exchange from periode 2018 to 2019, obtained sample is 124 sample with 248 observation. The data analysis used is regression analysis moderation. Results of research refer that the financial FP has a positive effect on FV, FS has not a positive effect on FV, GCG has not a positive effect on FV, GCG has not a strengthen positive effect of FP on FV. GCG has not a strengthen positive effect of FS on FV.


Keywords


corporate social responsibility; good corporate governance; firm size; firm value; financial performance

Full Text:

PDF

References


Berliani, Citra, & Riduwan, Akhmad (2018). Pengaruh Good Corporate Governance, Kinerja Keuangan, dan Ukuran Perusahaan terhadap Nilai Perusahaan, Jurnal Ilmu dan Riset Akuntansi Volume 6, Nomor 3, Maret 2017

Effendi, M. A. (2016). The Power Of Good Corporate Governance: Teori dan Implementasi. Edisi kedua. Salemba Empat. Jakarta. Etty, M. 2009. Hubungan Corporate Governance, Corporate Social Responsibility dan Corporate financial Performance dalam Satu Continum. Jurnal Akutansi dan Keuangan 11(1): 30-41.

Fahrizal, H. (2013). Pengaruh Return On Assets (ROA), Return On Equity (ROE), Dan Investment Opportunity Set (IOS) Terhadap Nilai Perusahaan. Skripsi.Universitas Islam Negri Syarif Hidayatullah. Jakarta.

Imron, Galih Syaiful, Hidayat, Riskin & Alliyah, Siti (2013). Pengaruh Kinerja Keuangan Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Dengan Corporate Sosial Responsibility Dan Good Corporate Governance Sebagai Variabel Moderasi

Thaharah, N. (2016). Pengaruh Mekanisme Corporate Governance Dan Kinerja Keuangan Terhadap Nilai Perusahaan LQ45. Skripsi.Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA). Surabaya.

Vitria, H. (2016). Dampak Pengungkapan Corporate Social Responsibility dan Good Corporate Governance Pada Pengaruh Kinerja Keuangan terhadap Nilai Perusahaan. Skripsi. Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA). Surabaya.

Yannizar, et al. (2020). Analysis of Good Corporate Governance, Free Cash Flow, Leverage towards Earning Management, and Shareholder Wealth in Service Sector Companies Listed on the Indonesia Stock Exchange. Budapest International Research and Critics Institute-Journal (BIRCI-Journal).P. 2567j-2567v.

Y Forma Faudia & Amanah, Lailatul (2018), Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan Dengan Pengungkapan Corporate Social Responsibility Sebagai Variabel Pemoderasi, Jurnal Ilmu dan Riset Akuntansi : Volume 7, Nomor 11, November 2018.




DOI: https://doi.org/10.33258/birci.v5i2.5678

Article Metrics

Abstract view : 55 times
PDF - 17 times

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

 

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.