Fetria Eka Yudiana
Institut Agama Islam Negeri Salatiga

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The Effect of ICG and Capital Adequacy on the Value of the Company with ISR as a Moderating Variable Khainun Muflikhah; Fetria Eka Yudiana
IQTISHODUNA IQTISHODUNA (VOL.18, No.2, 2022)
Publisher : Fakultas Ekonomi, UIN Maliki Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (705.429 KB) | DOI: 10.18860/iq.v18i2.15162

Abstract

This study aims to test the influence of Islamic corporate governance and capital adequacy on the value of companies with Islamic social reporting as moderating variables. The data used in this study was obtained from islamic commercial bank data 2014-2020, using purposive sampling techniques obtained by 8 (eight) Islamic commercial banks that meet the criteria to be used as research samples. To test this research hypothesis, a multiple linear regression model was used with the help of the Eviews 10 program. Analytical techniques used in the study include stationarity tests, panel data regression tests, and classical assumption tests. Partial test results showed a positive and significant influence of Islamic Corporate Governance (ICG) and Islamic Social reporting (ISR) on the value of the company while capital adequacy had no significant effect on the value of the company. And the results of moderate regression analysis showed the result that ISR can moderate the relationship between ICG and company value whereas the relationship of capital adequacy with company value cannot be moderated by ISR.
Analisis Faktot-Faktor Yang Mempengaruhi Nilai Perusahaan Dengan Kebijakan Deviden Sebagai Variabel Moderasi Ichda Apriliana Lutfi; Fetria Eka Yudiana
el-Jizya: Jurnal Ekonomi Islam Vol. 9 No. 2 (2021): el-Jizya : Jurnal Ekonomi Islam
Publisher : Fakultas Ekonomi dan Bisnis Islam, Universitas Islam Negeri Prof. K.H. Saifuddin Zuhri Purwokerto

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (317.48 KB) | DOI: 10.24090/ej.v9i2.5192

Abstract

The research objectives are 1) to determine the effect of profitability, leverage, liquidity and dividend policy on firm value, 2) to determine the effect of dividend policy as a moderating variable in the relationship between profitability, leverage and liquidity on firm value. The type of research used in this study is quantitative with the population used are companies listed on the Jakarta Islamic Index for the period 2013-2019. The sampling technique used purposive sampling method, so that a sample of 13 companies registered in the Jakarta Islamic Index for the 2013-2019 period was obtained. The data analysis technique used in this research is Moderated Regression Analysis and hypothesis testing using eviews. Based on the results of hypothesis testing shows that: 1) profitability has a positive and significant effect on firm value. 2) Leverage has a negative and significant effect on firm value. 3) Liquidity has a negative and significant effect on firm value. 4) Dividend policy has a negative and significant effect on firm value. 5) Dividend policy weakens the relationship between profitability and firm value. 6) Dividend policy strengthens the relationship of leverage to firm value. 7) Dividend policy strengthens the relationship between liquidity and firm value.