Moch. Doddy Ariefianto
Department Of Accounting, BINUS Graduate Program-Master Accounting, Bina Nusantara University, Jl. Kyai H. Syahdan No.9, Jakarta, 11480

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The Role of Actuarial Profile, Corporate Governance, and Actuarial Backup on Price to Book Value: A Study on Public Insurance Company in Indonesia Ika Dewi Nurida; Moch. Doddy Ariefianto
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.5547

Abstract

This study investigates the role of the actuarial Profile, corporate governance, and actuarial reserves in influencing the company's book value. We apply panel data econometric to a dataset comprising ten companies, annual frequency from 2006 to 2019; 140 yearly company observations. We find that size positively affects the price to book value. On the other hand, actuarial Profile and corporate governance (institutional ownership) negatively correlate with the price to book value. This study brings important implications to business/regulatory practices for Financial Services Authority regulators. This study is expected to be able to provide a reference for future research related to the insurance industry.
The Role of Investment Profitability, Actuarial Back up and Capital, on Financial Soundness: A Study on Indonesia General Insurance Industry Arifatun Nasihah; Moch. Doddy Ariefianto
Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Vol 5, No 2 (2022): Budapest International Research and Critics Institute May
Publisher : Budapest International Research and Critics University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33258/birci.v5i2.5591

Abstract

This study investigates the role of investment profitability, actuarial back up and capital, on financial soundness: a study on indonesia general insurance industry. We apply panel data econometric to a dataset comprised of 74 companies, annual frequency from 2006 to 2019; (General insurance companies have acquired 19 companies). We find that the results of this study indicate that investment profitability has a positive effect on financial soundness, actuarial back-up has a negative effect on financial soundness, capital has a negative effect on financial soundness. This study has important implications for business practices/regulations for the regulators of the Financial Services Authority. This research is expected to provide a reference for further research related to insurance.