E-JURNAL AKUNTANSI
Vol 29 No 2 (2019)

Pengaruh Kinerja Lingkungan, Good Corporate Governance, dan Kepemilikan Asing Terhadap Nilai Perusahaan Manufaktur

Ni Luh Dina Rahayu (Fakultas Ekonomi dan Bisnis Universitas Udayana)
Made Gede Wirakusuma (Fakultas Ekonomi dan Bisnis Universitas Udayana)



Article Info

Publish Date
25 Nov 2019

Abstract

The purpose of this study was to determine the effect of environmental performance (PROPER rating), GCG mechanism, and foreign ownership on company value. The sample in this study is a manufacturing company listed on the Stock Exchange in 2013-2017 with a total of 34 companies, environmental performance seen from the PROPER rating achieved by the company, Tobin’s Q to measure corporate value and proxy for GCG obtained using factor analysis. The data analysis technique of this study uses multiple linear analysis. Based on the results of the analysis it was found that environmental performance and foreign ownership had a positive effect on firm value. This indicates that the higher the percentage of foreign ownership and PROPER ratings obtained by manufacturing companies, the higher the value of the company. The mechanism of Good Corporate Governance is stated to have no effect on the value of the company. Keywords : Environmental Performance; Company Value; Good Corporate Governanc; Foreign Ownership.

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Journal Info

Abbrev

akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

E-Jurnal Akuntansi covered various research approaches, namely: quantitative, qualitative and mixed-method. E-Jurnal Akuntansi focuses related on various themes, topics and aspects of accounting and investment, including (but not limited) to the following topics: Financial Accounting Managerial ...