Factors Affecting The Value Of Lq45 Companies Listed On The Indonesian Stock Exchange
Keywords:
Financial Performance, Good Corporate Governance, Company Value and Corporate Social Responsibility.Abstract
This research aims to test and analyze how big the influence of financial performance and good corporate governance to the value of the company with corporate social responsibility as a moderating variable for LQ45 companies listed on the Indonesia Stock Exchange for the 2017-2021 period. Results with uji-t It was concluded that partially the Financial Performance variable had a positive and insignificant effect on company value. Institutional ownership has a negative and significant effect on company value. The proportion of Independent Commissioners has a positive and significant effect on company value. Whereas, corporate social responsibility not significant in moderating the relationship between financial performance and good corporate governance on company value. Results with porridge-F shows that Financial Performance, Institutional Ownership and the Proportion of the Board of Independent Commissioners simultaneously have a significant effect on company value.
References
Agoes, Sukrisno and Ardana, I Cenik (2014). Business and Professional Ethics. Jakarta: Salemba Empat
Financial Accounting Standards Board. (2020). Statement of Financial Accounting Standards (PSAK) No. 1: Presentation of Financial Reports. Jakarta: Indonesian Accounting Association (IAI).
Effendi, Muh. Arief (2016).The Power Of Corporate Governance: Theory and Implementation. Jakarta: Salemba Empat.
Emron Edison, Y. A. (2017).Human Resource Management. Bandung: Alphabeta. Fahmi, Irham. (2017).Financial Report Analysis. Bandung: Alphabeta.
Ghozali, Imam. (2013).Multivariate Analysis Application with the IBM SPSS 21 Update PLS Regression Program. Semarang: Diponegoro University Publishing Agency.
Purnomo, Akbar Setiady (2017).Social Research Methodology. Jakarta; PT. Literary Earth Rudianto. (2013).Information Management Accounting for Strategic Decision Making.
Jakarta: Erlangga.
Ahmad and Amanah. (2014). "The Influence of Investment Decisions, Funding Decisions, Dividend Policy and Financial Performance on Company Value". Journal of Accounting Science & Research.Vol.3 No.9 (2014).
Darsani, P. A dan Sukartha, I. M. (2021). The Effect of Institutional Ownership, Profitability, Leverage and Capital Intensity Ratio on Tax Avoidance. American Journal of Humanities and Social Sciences Research (AJHSSR), 5(1), 13–22.
Febryawan, et. al (2021). The Effect of Financial Performance on Company Value with Disclosure CSR and GCG As a Moderating Variable. Conference on Economic and Business Innovation
Hutabarat, A. C., and Siswantaya, I. G. (2018). Effect of Disclosure Corporate Social Responsibility On Company Value with Profitability as a Moderating Variable. Teach,3(01), 68–87. https://doi.org/10.35129/ajar.v3i01.104
Hoje, Jo and Harjoto, Maretno A. (2012). “The Causal effect of Corporate Governance On Corporate Social Responsibility”. Journal of Business Ethics 106: 53-72.
Downloads
Published
Issue
Section
License
Copyright (c) 2024 Charisda Daeli (Author)

This work is licensed under a Creative Commons Attribution 4.0 International License.
Simposium Ilmiah Akuntansi under the terms of a Creative Commons Attribution 4.0 International License / CC BY 4.0 This license permits anyone to copy and redistribute this material in any form or format, compose, modify, and make derivative works of this material for any purpose, including commercial purposes, so long as they include credit to the Author of the original work.