Claim Missing Document
Check
Articles

Found 2 Documents
Search
Journal : UNEJ e-Proceeding

CORPORATE GOVERNANCE, PROFITABILITAS, DAN NILAI PERUSAHAAN Gusni .; Agnes Vinelda
UNEJ e-Proceeding Dinamika Global: Rebranding Keunggulan Kompetitif Berbasis Kearifan Lokal
Publisher : UPT Penerbitan Universitas Jember

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to examine the effect of corporate governance (board of director, board of commissioner composition, and institutional ownership), profitability (return on asset and net profit margin) on firm value in mining industry, and knowing which variables having powerful effect on the firm value. This research is using secondary data, such as the financial reports, annual reports and other related information of mining industry. To achieve the aims of this research, a total of 20 companies of mining industry listed in Indonesia Stock Exchange were selected using purposive sampling technique from the period of 2010 to 2014. A panel data regression analysis technique has been conducted The research result shows that only profitability variable measured by return on asset (ROA) has a positive and significant effect on the firm value, whereas the other profitability variable measured by net profit margin has a negative and significant effect to the firm value. Meanwhile, corporate governance measured by board of director, board of commissioner composition, and institutional ownership not significantly impact on the firm value in mining industry.
RISIKO SISTEMATIS, UKURAN PERUSAHAAN, CORPORATE GOVERNANCE, LEVERAGE DAN KEBIJAKAN DIVIDEN Hesty Juni Tambuati Subing; gusni .
UNEJ e-Proceeding Dinamika Global: Rebranding Keunggulan Kompetitif Berbasis Kearifan Lokal
Publisher : UPT Penerbitan Universitas Jember

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This research was conducted to obtain empirical evidence about the effect of variable Systematic Risk, Company Size, Leverage and Corporate Governance (Institutional Ownership, Number of Board of Directors, Total BOC), the dividend policy of the company. This study uses secondary data, such as financial reports, annual reports, and other related information from companies in the manufacturing industry listed in Indonesia Stock Exchange with the number of samples taken at 45 companies in the period 2012-2013. The sampling technique used was purposive sampling method. Panel data regression analysis is used. This study shows that company size has a positive and significant impact on the company's Dividend Policy, Leverage and Total's Board of Directors has a negative and significant impact on Dividend Policy. Other variables used in this study (Systematic Risk, Institutional Ownership and Number BOC) had no effect on dividend policy of companies in the manufacturing industry listed in Indonesia Stock Exchange during the period 2012-2013.