JAAF (Journal of Applied Accounting and Finance)
Vol 5, No 2 (2021): JAAF (Journal of Applied Accounting and Finance)

Implication of Corporate Governance and Financial Performance on Firm Value

I Made Johan Wedia Putra (Faculty of Economic, Maranatha Christian University, Bandung, Indonesia)
Seriwati Ginting (Faculty of Art and Design, Maranatha Christian University, Bandung, Indonesia)



Article Info

Publish Date
07 Oct 2021

Abstract

This study seeks to examine the implications of corporate governance and financial performance on firm value. The population selected are all companies that follow CGPI (Corporate Governance Preception Index) scoring held by IICG (The Indonesian Institute for Corporate Governance) in 2015-2018. Sampling of the research is purposive sampling with samples criteria are public companies participate in CGPI scoring and publish their financial statements on Indonesia Stock Exchange’s website or publish on the official website of respective companies. The total population followed CGPI score was 137 companies, 55 of those are public companies and 5 samples are outlier data. The statistical test used in this research were descriptive statistics analysis and multiple regression analysis. This research results in findings that both simultaneously and partially there are implications for corporate governance and financial performance to firm value. Therefore, the implementation of corporate governance and financial information disclosure in companies is fundamental to realizing firm value.

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Journal Info

Abbrev

JAAF

Publisher

Subject

Economics, Econometrics & Finance

Description

JAAF Journal of Applied Accounting and Finance is a biannual double blind peer reviewed journal published in two period, March and September. This professional journal devoted to the development of accounting and financial disciplines both in theory and practice. The policy of the journal is to ...