Corporate Governance and Financial Performance on Firm Value: The Case of Indonesia-Reference-Cited by-同舟云学术

Corporate Governance and Financial Performance on Firm Value: The Case of Indonesia

Published:2022-09-15 Issue: Volume:20 Page:92-103
ISSN:2224-2899
Container-title:WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS
language:en
Short-container-title:

Author:

Pamungkas Imang Dapit¹,Purwantoro Purwantoro¹,Sari Maylia Pramono²,Hersugondo Hersugondo³

Affiliation:

1. Department of Accounting, Faculty of Economics and Business, Universitas Dian Nuswantoro, INDONESIA

2. Department of Accounting, Faculty of Economics and Business, Universitas Negeri Semarang, INDONESIA

3. Department of Accounting, Faculty of Economics and Business, Universitas Diponegoro, INDONESIA

Abstract

The purpose of this study was to examine the effect of corporate governance on firm value; next, examine the effect of corporate governance on firm value with financial performance as an intermediary variable. The subjects of this research are manufacturing companies in the field of consumer goods listed on the Indonesia Stock Exchange in 2018-2020, with 105 total samples. Warp PLS 6.0 Software was used as an analytical tool. The results showed that the test results in this study indicate that corporate governance affects firm value, corporate governance affects financial performance. Financial performance affects firm value. Furthermore, Corporate Governance also affects Company Value with Financial Performance as an Intervening Variable.

Publisher

World Scientific and Engineering Academy and Society (WSEAS)

Subject

Economics and Econometrics,Finance,Business and International Management

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