Matrik: Jurnal Manajemen, Strategi Bisnis, dan Kewirausahaan
Volume 16 Nomor 2 Tahun 2022

The Effect of Corporate Governance on Corporate Value: The Role of Enterprise Risk Management

Lena Sepriani (Faculty Business and Management Universitas Internasional Batam)
Candy Candy (Universitas Internasional Batam)



Article Info

Publish Date
29 Oct 2022

Abstract

In order to determine the effect of corporate governance on the corporate value, then moderating the relationship with enterprise risk management (ERM) is the aim of this study. This study collected secondary data from financial statements and annual reports for the 2016-2020 period of 87 companies as the sample and used panel regression as the analysis method. The results showed a significant positive effect of the audit committee on corporate value, while an independent commissioner had a significant negative effect. This study also shows no significant effect on the corporate value of managerial ownership, institutional ownership, board size, and board director. However, ERM moderated the relationship between the audit committee and corporate value and between managerial ownership and corporate value. Keyword: Corporate governance, corporate value, ERM.

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Journal Info

Abbrev

jmbk

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Matrik:Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan is a scientific journal published by the Department of Management, Faculty of Economics, Udayana University which aims to publish articles of empirical and theoretical studies in the field of marketing management, finance, human resources, ...