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Journal : Jurnal Mantik

Analysis of the Effect of Good Corporate Governance, Company Size and Liquidity on Dividend Policy and Company Value with Profitability as an Intervening Variable in State-Owned Companies Listed on the IDX 2011 – 2019 Zuhandi; Iskandar Muda; Sirojuzilam
Jurnal Mantik Vol. 5 No. 1 (2021): May: Manajemen, Teknologi Informatika dan Komunikasi (Mantik)
Publisher : Institute of Computer Science (IOCS)

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Abstract

Research aims to analyze the influence of good corporate governance , company size, liquidity and profitability as factors affecting the company's dividend policy and the value of the state-owned enterprises listed on the Indonesia Stock Exchange Period 2011-2019. The type of data used is secondary data and the data analysis technique used is Panel Data Regression Analysis using STATA software. The results of the study with an alpha level of five percent showed that GCG had no significant effect on profitability, while company size had no significant positive effect and liquidity had a significant positive effect on profitability. GCG and company size have a negative and insignificant effect on dividend policy, while liquidity and profitability have a significant positive effect on dividend policy. Furthermore, GCG and liquidity have a negative and insignificant effect on firm value, while company size has a significant negative effect on firm value. positive and significant impact on firm value. The results of path analysis I show that GCG has an indirect negative effect and company size indirectly has a positive effect on dividend policy through profitability, while liquidity does not have an indirect effect on dividend policy through profitability. Path II analysis, company size and liquidity indirectly have a positive effect and GCG indirectly has a negative effect on firm value through profitability
Influence Of Corporate Social Responsibility, Board Of Commissioners, Board Of Director And Audit Committee On Financial Performance With Profit Management As A Moderating Variable In Listed Manufacturing Companies On The Indonesia Stock Exchange ( Idx) Nurul Aulia Sani; Erlina; Sirojuzilam
Jurnal Mantik Vol. 6 No. 2 (2022): August: Manajemen, Teknologi Informatika dan Komunikasi (Mantik)
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35335/mantik.v6i2.2609

Abstract

This study aims to examine and analyze the effect of corporate social responsibility, the board of commissioners, the board of directors, the audit committee on financial performance with earnings management as the moderating variable. The population in this study were 171 manufacturing companies listed on the Indonesian stock exchange for the period 2010-2019, with The sampling technique was purposive sampling so that 35 samples were obtained. The data analysis method used multiple linear regression analysis and interaction test with the help of the Eviews application program. The results show that CSR, the board of commissioners and the audit committee partially have a positive effect on financial performance, while the board of directors partially has no effect on financial performance. Simultaneously CSR, the board of commissioners, the board of directors and the audit committee simultaneously have a significant effect on financial performance Earnings management as a moderating variable is able to moderate the influence of the audit committee simultaneously has a significant effect on the financial performance of manufacturing companies listed on the Indonesia Stock Exchange for the 2010-2019 period . The moderating variable is not able to moderate the influence of CSR, the board of commissioners and the board of directors simultaneously have a significant effect on the financial performance of manufacturing companies listed on the Indonesia Stock Exchange for the 2010-2019 period