Journal of Culture Accounting and Auditing
Vol 1 No 2 (2022)

Faktor-Faktor yang Mempengaruhi Risiko Sistematis Saham dengan Good Corporate Governance Sebagai Variabel Moderasi

Veni Vionita (Universitas Muhammadiyah Gresik)
Suwarno Suwarno (Universitas Muhammadiyah Gresik)



Article Info

Publish Date
20 Dec 2022

Abstract

This study aims to examine the factors that influence the systematic risk of stocks with good corporate governance as a moderating variable in LQ45 companies listed on the Indonesia Stock Exchange for the 2018-2020 period. This study uses quantitative methods with secondary data in the form of complete company financial statements. The research sample amounted to 19 LQ45 companies which were analyzed using purposive sampling technique. The analysis method uses Partial Least Square (PLS) analysis, with the help of WarpPLS 7.0 software. The results show that liquidity has a positive and significant effect on stock systematic risk, leverage has a negative and insignificant effect on stock systematic risk, profitability has a negative and significant effect on stock systematic risk, growth has a negative and significant effect on stock systematic risk, good corporate governance is not able to moderate the effect of liquidity, leverage, profitability, growth on stock systematic risk.

Copyrights © 2022






Journal Info

Abbrev

jcaa

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

This Journal Focus on the research of Culture Accounting, Financial Accounting, Shariah Accounting, Behavioral Accounting, Management Accounting, Auditing, and Accounting Information System. ...