Pengaruh Roa dan Roe terhadap Nilai Perusahaan dengan Pengungkapan Struktur Good Corporate governance sebagai Peubah Pemoderasi” (Pada Perusahaan Manufaktur yang Terdaftar di Bei Tahun 2014-2017)

Maria Josepha Cendry Sudirman (Universitas Bunda Mulia)
Tigor Sitorus (Universitas Bunda Mulia)

PENG: Jurnal Ekonomi dan Manajemen
Vol. 3 No. 3 (2026): Juli-September, Ekonomi Digital dan Strategi Manajemen Modern

A company must have a clear purpose. There are several purposes in establishing a company namely achieving maximum profits or gaining the owner and the shareholders’ prosperity as well as to maximize the value of the company indicated by the price of its shares. This research going to analyze the effect of how much ROA, ROE on company value moderated by Good Corporate governance in manufacturing companies in 2014-2017 on the IDX. ROA and ROE as the dependent variables and company value as independent variable, meanwhile GCG as the moderation variable. This research considers 27 manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the period 2014-2017 as the sample. The data is secondary data and it is analyzed by EVIEWS9 tool. This research/study demonstrates that ROA has no direct effect on company value, on the contrary ROE affects the company value straightly, meanwhile Good Corporate governance moderates the connection between ROA on company value as well as ROE on company value.