GOOD CORPORATE GOVERNANCE, RISIKO BISNIS DAN KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN

Susilo, Anindito and Sulastri, Sulastri and Isnurhadi, Isnurhadi (2018) GOOD CORPORATE GOVERNANCE, RISIKO BISNIS DAN KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN. Jurnal Analisis Bisnis Ekonomi, 16 (1). pp. 63-72. ISSN 2579-647X

Other (Journal Article) 24. GOOD CORPORATE GOVERNANCE (GCG)- BUSINESS RISK.pdf Download (624kB)

Abstract

The objectives of this study are to analyze the influence of Good Corporate Governance (GCG), business risk and financial performance on firm value. Secondary data were obtained from 45 Companies listed in Indonesia Stock Exchange during period 2014,2015 and 2016. Other data were obtained from various sources such as journals, books and other related publications. Using a convenience sampling technique, total sample of 101 data from 34 companies were obtained. Structural Equation Modeling (SEM) analysis technique is used. The results show that Good Corporate Governance has no significant effect on financial performance and business risk had significant effect on financial performance. Further, it is found that Good Corporate Governance has no effect on firm value and financial performance has positive and significant effect on firm value. Good Corporate Governance has no effect on firm value means that indicator variable used in this study such as executive incentive, size of director and proportion of independent board has no positive signal for investor to increase company share value. This study is expected to give contribution to Good Corporate Governance implementation in Indonesia.

Item Type:	Article
Uncontrolled Keywords:	Good Corporate Governance, Business Risk, Financial Performance, and Firm Value.
Subjects:	H Social Sciences > HG Finance > HG4001-4285 Finance management. Business finance. Corporation finance
Divisions:	01-Faculty of Economics > 61001-Management (S3)
Depositing User:	Prof Sulastri Sulastri
Date Deposited:	12 Jun 2023 09:12
Last Modified:	12 Jun 2023 09:12
URI:	http://repository.unsri.ac.id/id/eprint/108585

Actions (login required)

View Item