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DAMPAK GOOD CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN MELALUI AGENCY COST DAN KINERJA KEUANGAN Abigail Maladi, Scarlet; Sofyaun, Ashari; Hernadi Moorcy, Nadi; Tangke Rante, Nely
MEDIA RISET EKONOMI [MR.EKO] Vol 5 No 3 (2026): MEDIA RISET EKONOMI [MR.EKO] (in-press)
Publisher : Fakultas Ekonomi Universitas Balikpapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36277/mreko.v5i3.757

Abstract

This study aims to analyze the effect of Good Corporate Governance (GCG) on firm value through agency cost and financial performance in manufacturing companies listed on the Indonesia Stock Exchange during the 2022–2024 period. Good Corporate Governance is proxied by managerial ownership, audit committee, and board of commissioners. Agency cost serves as the first intervening variable, while financial performance, proxied by Return on Assets (ROA) and Return on Equity (ROE), serves as the second intervening variable. Firm value is proxied by Price to Book Value (PBV). This research employs a quantitative approach using a purposive sampling technique. The sample consists of 20 manufacturing companies observed over a three-year period, resulting in 60 observations. Data were analyzed using Structural Equation Modeling (SEM) based on Partial Least Squares (PLS) with SmartPLS version 4.The results indicate that Good Corporate Governance has a positive but insignificant effect on agency cost. Furthermore, Good Corporate Governance has a negative and insignificant effect on both financial performance and firm value. Agency cost has a positive but insignificant effect on firm value. Meanwhile, financial performance, as measured by ROA and ROE, has a positive and significant effect on firm value. The mediation analysis reveals that neither agency cost nor financial performance is capable of mediating the relationship between Good Corporate Governance and firm value in manufacturing companies listed on the Indonesia Stock Exchange during the 2022–2024 period
PENGUATAN TATA KELOLA AKUNTANSI PUBLIK MELALUI KOMUNIKASI EFEKTIF DAN KEPEMIMPINAN DIGITAL DI KPID KALIMANTAN TIMUR Yudea, Yudea; Sofyaun, Ashari; Hernadi Moorcy, Nadi
Jurnal Abdi Masyarakat Ilmu Ekonomi (JAMIE) Vol. 8 No. 1 (2025)
Publisher : Fakultas Ekonomi Universitas Balikpapan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36277/jamie.v8i1.648

Abstract

This study aims to analyze the strengthening of public accounting governance through effective communication and digital leadership at the Regional Indonesian Broadcasting Commission (RIBC) of East Kalimantan Province. Amidst increasing demands for transparency and accountability in the public sector, the implementation of effective communication strategies and the adoption of digital leadership are crucial. The research method involved a socialization and discussion event held on October 2, 2025, from 13:00 to 16:00 Wita, at the Aston Hotel Samarinda. This activity was attended by 37 staff members of RBIC East Kalimantan Province and by Yudea (Keynote Speaker), an Accounting Lecturer from the Faculty of Economics and Business, University of Balikpapan. The findings are expected to provide a comprehensive understanding of the best strategies to enhance RBIC East Kalimantan's Province public accounting governance in the digital era, focusing on improving efficiency, accountability, and public services through leveraging technology and transparent communication.