Article Per Year (5 Year)
p-Index From 2021 - 2026
0.659
P-Index
This Author published in this journals
All Journal Jurnal Ilmiah Mahasiswa Akuntansi JASF (Journal of Accounting and Strategic Finance) Jurnal Akuntansi dan Keuangan
Hendra Wijaya
Widya Mandala Surabaya Catholic University
Economics, Econometrics & Finance Education Environmental Science Social Sciences Other

Published : 3 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 3 Documents
Search

 1 
Cash Holdings, Dividend Payout, and Corporate Value: The Role of Institutional Investors Hendra Wijaya
Journal of Accounting and Strategic Finance Vol 5 No 2 (2022): JASF (Journal of Accounting and Strategic Finance)
Publisher : UNIVERSITAS PEMBANGUNAN NASIONAL VETERAN JAWA TIMUR

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33005/jasf.v5i2.307

Abstract

This study examines the relationship between cash holdings and dividend payout on corporate value. The moderating effect of institutional investors on the effect of cash holdings and dividend distribution on corporate value is also investigated in this study. This study applied non-financial companies listed on the Indonesia Stock Exchange between 2015 and 2019 and a total of 1269 observations. The data in this study were analyzed using the ordinary least squares method. According to the findings of the study, cash holdings have a positive influence on the value of the company. However, corporate value is unaffected by dividend payout. The findings of this investigation suggest that institutional investors do not moderate the impact of cash holdings on corporate value. However, institutional investors moderate the impact of dividend payout positively. This paper elaborates on institutional investors, a mechanism for agency conflict in relation to cash holdings, dividend payout, and corporate value.
Board Size and Firm Performance: The Moderating Role of Female Representation Hendra Wijaya; Gesti Memarista
Jurnal Akuntansi dan Keuangan Vol. 26 No. 1 (2024): MAY 2024
Publisher : Institute of Research and Community Outreach - Petra Christian University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.9744/jak.26.1.18-28

Abstract

This research aims to investigate the commissioner’s number of boards on the Indonesian go-public company’s performance. The disparity in types of gender begs the question of whether the applicability of women’s governance may lead to firm performance. So, the women's presence on that effect as the moderating factor is also examined and analyzed using panel data regression and ordinary least squares in this research. The study's samples are non-financial firms from 2015 until 2019, with 1210 observations. The commissioner's number of boards significantly affects Tobin's q and the market-to-book value ratio as the business performance measurement. Yet, the women’s board of commissioner’s proportion as the moderating factor did not affect the relationship between the commissioner's number of boards and the Indonesian go-public company's performance because of the small number of women on the board. It remains negligible since the dominant gender in the board of commissioners is men in Indonesian non-financial go-public companies, so the women directors may not improve the company’s performance. This study will help various businesses in various sectors by shedding light on the ideal board size for boosting productivity. It also acknowledges the significance of gender diversity on boards so that companies may make educated decisions about their boards' makeup and governance procedures. Given that women make up the minority of CEOs, policymakers will utilize these findings to create rules and directives that support gender diversity on boards and enhance business performance.
PENGARUH DEWAN KOMISARIS PEREMPUAN , DEWAN DIREKSI PEREMPUAN , DAN KOMITE AUDIT PEREMPUAN TERHADAP KINERJA PERUSAHAAN MANUFAKTUR PADA 2016 - 2018 Bobie Valentinus; Hendra Wijaya
JURNAL ILMIAH MAHASISWA AKUNTANSI Vol 10, No 2 (2021): December
Publisher : Universitas Katolik Widya Mandala Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33508/jima.v10i2.3563

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh dewan komisaris wanita, dewan direksi wanita, dan komite audit wanita terhadap kinerja perusahaan Manufaktur yang terdaftar di BEI pada tahun pengamatan 2016-2018. Data penelitian diperoleh dari laporan keuangan yang dipublikasikan di BEI. Sebanyak 80 data perusahaan manufaktur dengan total 240 tahun pengamatan perusahaan yang diteliti menggunakan metode regresi linier berganda. Dalam penelitian ini digunakan variabel leverage dan size control. Hasil yang diperoleh menunjukkan bahwa tidak terdapat hubungan yang signifikan antara dewan komisaris wanita, dewan direksi wanita, dan komite audit wanita terhadap kinerja perusahaan.
Co-Authors Bobie Valentinus Gesti Memarista