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The Influence of Hard and Soft Information on Share Prices in LQ45 Index Companies Listed on the Indonesian Stock Exchange Uciawati Uciawati; Robith Hudaya
Asian Journal of Management, Entrepreneurship and Social Science Vol. 3 No. 04 (2023): November, Asian Journal of Management, Entrepreneurship and Social Science
Publisher : Cita Konsultindo Research Center

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Abstract

This research aims to determine the influence of earnings per Share (EPS), Price to Book Value (PBV), Sustainability Report Disclosure of Economic Dimensions, Environmental Dimensions, and Social Dimensions simultaneously and partially on stock prices. In this research, Sustainability Report disclosure is measured using the GRI Standard (2016). The population in this study are Liquid 45 Index (LQ45) companies listed on the Indonesia Stock Exchange in 2018-2022. This research uses a purposive sampling technique. Based on these sampling techniques and criteria, 15 companies were obtained with an observation period of five years, so the total observation was 75 samples. This research uses descriptive statistical analysis methods and panel data regression models using Eviews 12 software. Partial test results show that price-to-book value (PBV) has a significant positive effect on stock prices. In contrast, Earnings Per Share (EPS), Disclosure of Sustainability reports, Economic Dimensions, Environmental Dimensions, and Social Dimensions do not have a significant effect on stock prices. Simultaneously, Earnings Per Share (EPS), Price to Book Value (PBV), and Sustainability Report Disclosure of Economic Dimensions, Environmental Dimensions, and Social Dimensions have a significant effect on the share price of the LQ 45 Index listed on the Indonesia Stock Exchange for the 2018 - 2022 period.
KOMITE MANAJEMEN RISIKO, EKSTERNAL TATA KELOLA DAN KINERJA PERUSAHAAN Siti Atikah; Saipul Arni Muhsyaf; Rahmi Sri Ramadhani; Uciawati Uciawati
Jurnal Aplikasi Akuntansi Vol 9 No 1 (2024): Jurnal Aplikasi Akuntansi, Oktober 2024
Publisher : Program Studi Diploma III Akuntansi Fakultas Ekonomi dan Bisnis Universitas Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/jaa.v9i1.518

Abstract

Good corporate governance can increase the value of a company by implementing a commitment to achieve predetermined goals. One of these goals is meeting the expectations of investors, shareholders, and other stakeholders to achieve maximum profit. This study aims to provide empirical evidence regarding implementing the Risk Management Committee and its impact on company performance. Organizations, as systems, constantly interact with their environment, which is influenced by individual psychology. The study uses a sample of 100 companies listed on the Indonesia Stock Exchange out of 848 as of March 2023. The Risk Management Committee's characteristics are measured by the team leader's number of members and the leader's family affiliation with the company's management. The level of competitiveness is calculated using the Hirschman-Herfindahl index. Multiple regression tests were conducted to examine these variables. The results show that the number of risk management committees and family affiliations has a negative impact on firm value, while the level of competitiveness has a positive effect. However, only the family affiliation of the chairman of the risk management committee significantly affects firm value. The study's limitation lies in measuring the Risk Management Committee's characteristics, and further research is needed with different measurements. The results of this study can be helpful for investors when making investment decisions and for companies when presenting non-financial information.