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The Effect of Financial Performance, CSR, on Firm Value Through Managerial Ownership As a Moderating Variable In Food and Beverage Companies Listed on The BEI in 2020-2022 Karimah, Intan Devi; Ramadhan , Yanuar
Eduvest - Journal of Universal Studies Vol. 5 No. 2 (2025): Eduvest - Journal of Universal Studies
Publisher : Green Publisher Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59188/eduvest.v5i2.3783

Abstract

This study aims to find empirical evidence regarding the effect of financial performance, corporate social responsibility on firm value with managerial ownership as a moderating variable in food and beverage companies listed on the Indonesia Stock Exchange for the period 2020-2022. The number of companies used as samples is 10 companies using purposive sampling method and secondary data obtained by the Indonesia Stock Exchange. The analysis used to test is multiple linear regression analysis with Moderated Regression Analysis (MRA) using the SPSS 24.0 program. The results of this study indicate that Financial Performance proxied by Return On Assets has an effect on Firm Value proxied by Tobins'Q, Corporate Social Responsibility has no effect on Firm Value proxied by Tobins'Q. Moderating Variable Managerial Ownership has no effect on Firm Value. Moderating Variables Managerial Ownership cannot moderate or weaken Financial Performance and Corporate Social Responsibility on Company Value.
Analisis Komparatif Kinerja Keuangan: Studi Kasus Primaya Dan Pt Sarana Meditama Metropolitan Pada Periode 2021-2024 Yudiantono, Ade Heli; Dwimelissa, Reisha; Sumiati, Sumiati; Pusvita, Ratna; Ramadhan , Yanuar
Jurnal Locus Penelitian dan Pengabdian Vol. 4 No. 7 (2025): JURNAL LOCUS: Penelitian dan Pengabdian
Publisher : Riviera Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58344/locus.v4i7.4547

Abstract

This study aims to analyze and compare the financial performance of two companies in the Indonesian health sector, namely Primaya and PT Sarana Meditama Metropolitan (SMM) during the 2021-2024 period. Using a financial ratio analysis approach, this study evaluates the aspects of liquidity, profitability, solvency, operational efficiency, and market valuation of the two companies. The results show that Primaya has significant advantages in terms of liquidity, profitability, and operational efficiency, while SMM shows a more conservative approach in capital structure and more efficient receivables management. The implications of this study provide insights for investors, creditors, and other stakeholders in strategic decision-making related to investment and performance appraisal in Indonesia's health sector.