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RGEC INFLUENCE ON COMPANY VALUE (CASE STUDY ON ISLAMIC BANKING COMPANIES IN INDONESIA 2015-2019) Erisa Putri Wardani; Puji Nurhayati
International Conference on Social and Islamic Studies Proceedings of the International Conference on Social and Islamic Studies (SIS) 2021
Publisher : International Conference on Social and Islamic Studies

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Abstract

The company's value is an assessment of investors, customers, and stakeholders on the company's condition that can be seen based on the market price value of the company's stock. This research aims to find out the influence of Risk Profile, Good Corporate Governance (GCG), Earnings, and Capital (RGEC) on corporate value (Earning Per Share). This study uses regression analysis techniques and panel data from the annual report of 12 Indonesian Islamic banks in the period 2015-2019. The data used in this study used quantitative data obtained from the Indonesia Stock Exchange (IDX) website and each Islamic bank website. The results of this study can be concluded that risk profiles have a positive and significant effect on the company's value. At the same time, Good Corporate Governance (GCG), Earnings, and Capital are known to have a negative and insignificant effect on the company's value. Advice for further research is to use variables other than NPF, the proportion of board of commissioners, ROE, or CAR so that the study results are different and add research time.
INFLUENCE OF FINANCIAL PERFORMANCE ON THE VALUE OF COMPANIES WITH ISLAMIC SOCIAL REPORTING AS A MODERATION VARIABLE (Case Study on Islamic Banking Companies in Indonesia-Malaysia 2015-2019) Erisa Putri Wardani; Puji Nurhayati
International Journal of Economics, Business and Accounting Research (IJEBAR) Vol 5, No 3 (2021): IJEBAR : Vol. 05, Issue 03, September 2021
Publisher : LPPM ITB AAS INDONESIA (d.h STIE AAS Surakarta)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/ijebar.v5i3.3345

Abstract

This study aims to determine the effect of financial performance on the value of companies by using Islamic Social Reporting as a moderation variable. The study used a regression analysis technique of panel data with E-views software from a sample of 13 Indonesian Islamic banks and 6 Malaysian Islamic banks in the period 2015-2019. The results of this study can conclude that there are several variable differences in Indonesian and Malaysian Islamic banks. In Indonesian Islamic banks, financial performance significantly affects the company's value, but in Malaysian Islamic banks, financial performance does not significantly affect the company's value. Then both Indonesian and Malaysian Islamic banks proved that Islamic Social Reporting could not moderate the relationship between financial performance and the company's value. Further research can add other research variables that can affect a company's value apart from financial performance. Keywords: Islamic social reporting, financial performance, company values, Islamic banking.
ISLAMIC SOCIAL REPORTING AND FIRM VALUE ISLAMIC BANKING COMPANY WITH RGEC METHOD Puji Nurhayati; Erisa Putri Wardani; Desy Nur Pratiwi
International Journal of Economics, Business and Accounting Research (IJEBAR) Vol 6, No 4 (2022): IJEBAR, Vol. 6 Issue 4, December 2022
Publisher : LPPM ITB AAS INDONESIA (d.h STIE AAS Surakarta)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/ijebar.v6i4.7534

Abstract

The company's value is significant for investors because it can reflect its condition. Maximizing company value can be done by maintaining the level of bank health. The study aimed to determine the determinants of Risk Profile, Good Corporate Governance, Earnings, and Capital (RGEC) on company value. As well as the influence of moderation between RGEC variables on company value through Islamic Social Reporting. This research was conducted on 13 Islamic general banks in Indonesia. The study sample was 91 data. The data used is secondary data. This type of research is descriptive quantitative with multiple regression analysis techniques of panel data. The sampling technique is carried out by purposive sampling method. The result of this study is that the risk profile has a positive and significant effect on the company's value. GCG does not influence company value. Earnings have a negative and powerful influence. Capital does not affect the value of the company. Meanwhile, ISR can moderate the risk profile and gain company value. However, ISR is unable to negotiate GCG and capital toward company value. Keywords: Risk Profile, Good Corporate Governance, Earning, Capital, Financial Distress
INFLUENCE OF FINANCIAL PERFORMANCE ON THE VALUE OF COMPANIES WITH ISLAMIC SOCIAL REPORTING AS A MODERATION VARIABLE (Case Study on Islamic Banking Companies in Indonesia-Malaysia 2015-2019) Erisa Putri Wardani; Puji Nurhayati
International Journal of Economics, Business and Accounting Research (IJEBAR) Vol 5, No 3 (2021): IJEBAR : Vol. 05, Issue 03, September 2021
Publisher : LPPM ITB AAS INDONESIA (d.h STIE AAS Surakarta)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/ijebar.v5i3.3345

Abstract

This study aims to determine the effect of financial performance on the value of companies by using Islamic Social Reporting as a moderation variable. The study used a regression analysis technique of panel data with E-views software from a sample of 13 Indonesian Islamic banks and 6 Malaysian Islamic banks in the period 2015-2019. The results of this study can conclude that there are several variable differences in Indonesian and Malaysian Islamic banks. In Indonesian Islamic banks, financial performance significantly affects the company's value, but in Malaysian Islamic banks, financial performance does not significantly affect the company's value. Then both Indonesian and Malaysian Islamic banks proved that Islamic Social Reporting could not moderate the relationship between financial performance and the company's value. Further research can add other research variables that can affect a company's value apart from financial performance. Keywords: Islamic social reporting, financial performance, company values, Islamic banking.