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The Influence of Good Corporate Governance, CEO Tenure, and Corporate Financial Performance on Company Value Putra, I Gusti Made Priyambhada; Sunitha Devi
Jurnal Penelitian dan Pengembangan Sains dan Humaniora Vol. 7 No. 3 (2023): October
Publisher : Universitas Pendidikan Ganesha

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23887/jppsh.v7i3.73854

Abstract

Firm value is very important in an organization because it is related to the welfare of investors. The higher the company value causes the company to have a superior image and the value of the resources claimed by the company can be an impression of the company's value. But in society, there are phenomena and tendencies of individual behavior in choosing to invest. This study aims to determine the effect of good corporate governance, CEO tenure, and company financial performance on firm value. This type of research is quantitative research. This study uses secondary data from the Indonesia Stock Exchange. The population in this study are transportation sector companies listed on the Indonesia Stock Exchange in 2016-2020, totaling 8 companies. The sampling technique uses a side purposive technique. The dependent variable in this study is firm value as measured by Tobins'q. The independent variables in this study are good corporate governance which is proxied by the audit committee, company secretary, and remuneration committee, CEO tenure, and the company's financial performance which is proxied by ROA. The results of this study indicate that (1) the corporate secretary affects firm value; (2) the audit committee affects firm value; (3) the remuneration committee has an effect on firm value; (4) CEO tenure has an influence on firm value; and (5) ROA affects company value in various industrial sub-sectors listed on the IDX in 2016-2020. The results of this study expect that investors should always pay attention to internal and external elements in organizational valuation, namely the earth, social and financial benefits, which these three things must be balanced.
Penerapan Green accounting dan Business strategy Terhadap Nilai Perusahaan dengan Return Saham Sebagai Variabel Intervening Putra, I Gusti Made Priyambhada; Werastuti, Desak Nyoman Sri; Adiputra, I Made Pradana
Jurnal Penelitian dan Pengembangan Sains dan Humaniora Vol. 8 No. 3 (2024): October
Publisher : Universitas Pendidikan Ganesha

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23887/jppsh.v8i3.81795

Abstract

Penelitian ini dilatarbelakangi oleh pentingnya penerapan green accounting dan strategi bisnis dalam meningkatkan nilai perusahaan, terutama di industri yang memiliki dampak lingkungan signifikan seperti industri kimia. Tujuan utama penelitian ini adalah untuk mengidentifikasi pengaruh green accounting dan strategi bisnis terhadap nilai perusahaan dengan return saham sebagai variabel mediasi. Penelitian ini menggunakan pendekatan kuantitatif dengan metode Structural Equation Modeling-Partial Least Square (SEM-PLS) dan dianalisis menggunakan perangkat lunak SmartPLS versi 3. Populasi penelitian ini adalah perusahaan industri kimia yang terdaftar di Bursa Efek Indonesia pada periode 2020-2022. Data sekunder dikumpulkan dari laporan keuangan dan tahunan perusahaan yang dipublikasikan di www.idx.com. Hasil penelitian menunjukkan bahwa penerapan green accounting dan strategi bisnis berpengaruh positif signifikan terhadap nilai perusahaan, serta return saham secara signifikan memediasi hubungan tersebut. Kesimpulan dari penelitian ini adalah bahwa implementasi green accounting dan strategi bisnis yang tepat dapat meningkatkan nilai perusahaan melalui peningkatan return saham. Implikasi penelitian ini menekankan pentingnya pengelolaan lingkungan dan strategi bisnis yang efektif untuk meningkatkan kinerja dan nilai perusahaan, khususnya di industri kimia.