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

Open

Imang Dapit Pamungkas, Purwantoro, Maylia Pramono Sari, Hersugondo

2023 WSEAS Transactions on Business and Economics Vol. 20 Article Cited by 13 SDG 12SDG 8SDG 16 Quartile

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. © 2023, World Scientific and Engineering Academy and Society. All rights reserved.

Affiliations

Department of Accounting, Faculty of Economics and Business, Universitas Dian Nuswantoro, Indonesia; Department of Accounting, Faculty of Economics and Business, Universitas Negeri, Semarang, Indonesia; Department of Accounting, Faculty of Economics and Business, Universitas Diponegoro, Indonesia

Research at a Glance

Premium content — register to unlock

Research at a Glance

Register to unlock

Topics & SDG Alignment

Premium content — register to unlock

Topics & SDG Alignment

Register to unlock

Collaboration

Premium content — register to unlock

Collaboration

Register to unlock

Author Profile (Selected)

Premium content — register to unlock

Author Profile (Selected)

Register to unlock

References Overview

Premium content — register to unlock

References Overview

Register to unlock

Journal & Source

Premium content — register to unlock

Journal & Source

Register to unlock

Metadata & Integrity

Premium content — register to unlock

Metadata & Integrity

Register to unlock