Jurnal Penelitian Akuntansi
Vol 2, No 2 (2021): Oktober

PERAN FINANCIAL PERFORMANCE SEBAGAI PEMEDIASI UNTUK PENGARUH ANTARA INDEPENDENT COMMISSIONERS DAN MANAGERIAL OWNERSHIP TERHADAP CORPORATE VALUE PADA BANKING CORPORATE YANG GO PUBLIC

Yohanes Mardinata Rusli (Program Studi Akuntansi, Fakultas Ilmu Sosial dan Humaniora Universitas Bunda Mulia)
Piter Nainggolan (Program Studi Akuntansi, Fakultas Ilmu Sosial dan Humaniora Universitas Bunda Mulia)



Article Info

Publish Date
31 Oct 2021

Abstract

This study aims to examine and analyze: (i) the effect of independent commissioners and managerial ownership on corporate value; (ii) the role of financial performance as a proxy for the Return on Assets variable to influence independent commissioners and managerial ownership on corporate value. This study uses secondary data, the sample in this study is banking sector companies listed on the Indonesia Stock Exchange for the period 2016 – 2019. The number of companies that are sampled are 14 banking sector companies with an observation period of 4 (four) years and using the purposive sampling method. . The method of analysis in this study is multiple linear regression analysis using the SPSS program. Hypothesis testing uses a significance level of 5%. The results of the classical assumption test are that the data is normally distributed, and there is no multicollinearity, no Heteroscedasticity, and no autocorrelation. The results of this study state that: (i) independent commissioners have a significant and positive effect on corporate value; (ii) institutional ownership has a significant and negative effect on corporate value; (iii) financial performance can mediate the influence between independent commissioners on corporate value; (iv) financial performance does not mediate the influence of managerialownership and corporate value

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Journal Info

Abbrev

JPA

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Penelitian Akuntansi (JPA) is published by the Accounting Study Program of the Faculty of Economics and Business at Universitas Pelita Harapan. This peer-reviewed academic journal aims to deliver and discuss research by academics and practitioners in the field of Accounting with a focus on ...