International Journal of Economy, Education and Entrepreneurship (IJE3)
Vol. 1 No. 2 (2021): International Journal of Economy, Education and Entrepreneurship

GOOD CORPORATE GOVERNANCE AS A MODERATING VARIABLE IN THE IMPACT OF FINANCIAL PERFORMANCE ON COMPANY VALUES

Dhian Andanarini Minar Savitri (STIE Totalwin Semarang, Indonesia)
Yuyun Ristianawati (STIE Totalwin Semarang, Indonesia)
Prihasantyo Siswo Nugroho (STIE Totalwin Semarang, Indonesia)
Astohar Astohar (STIE Totalwin Semarang, Indonesia)



Article Info

Publish Date
09 Aug 2021

Abstract

In the sector of the manufacturing industry that has gone public, the value of the company is very important to attract investors. One thing that is thought to affect the value of the company is financial performance. This study aims to determine the effect of financial performance on firm value with Good Corporate Governance as a moderating variable. In this study, financial performance is proxied by Return on Assets (ROA), firm value is proxied by Price to Book Value (PBV) and Good Corporate Governance is proxied using managerial ownership. The data in this study uses secondary data taken from the financial statements of manufacturing companies listed on the Indonesia Stock Exchange from 2017 to 2019. The results of this study indicate that financial performance has an effect on firm value, but Good Corporate Governance cannot moderate the effect of financial performance on firm value

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Journal Info

Abbrev

home

Publisher

Subject

Economics, Econometrics & Finance Education Other

Description

International Journal of Economy, Education and Entrepreneurship (IJE3) is a peer-refereed open-access international journal which has been established for the dissemination of state-of-the-art knowledge in the field of Economy and Education. Starting from 2021, IJE3 would be published Three times ...