Optimizing Company Value: Size, Governance and Financial Performance on the Indonesian Stock Exchange

Andrea Ciptha, Muhammad Isa Alamsyahbana, Raja Yulianita Sarazwati, Novica Indriaty

Abstract


This study aims to investigate how the size of a company and its adherence to good corporate governance affect its value, with a focus on food and beverage companies listed on the IDX during the period from 2020 to 2022. The research sampled 37 companies using purposive sampling. It employed a quantitative approach, with data collected through literature review and web searches, primarily from official agency websites providing relevant reports. Data analysis was conducted using the Econometric Views (E-Views) 12 application. The findings indicate that while company size and good corporate governance do not directly impact financial performance, they do influence company value when financial performance serves as an intermediary variable.


Keywords


good corporate governance; financial performance; corporate value; company size

Full Text:

PDF

References


Akendy, D., & Digdowiseiso, K. 2023. Nilai Perusahaan Food & Beverage Yang Terdaftar Di Bursa Efek Indonesia Pada Periode 2018-2022 Yang Dipengaruhi Oleh Rasio Profitabilitas, Rasio Aktivitas, Dan Rasio Leverage. Journal of Economic, Bussines and Accounting (Costing), 6(2), 2483–2493.

Harningsih, S., Agustin, H., & Setiawan, M. A. 2019. Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan dengan Pengungkapan CSR dan Kebijakan Dividen sebagai Variabel Moderasi. Journal of Multicsiplinary Research and Development, 1(2), 199–209.

Nayren, J., & Hidayat, H. 2021. Pengaruh Nilai-Nilai Estetika pada Penataan Pojok Bava Terhadap Minat Baca Anak Usia Dini. Al-Abyadh, 4(2), 81–88.

Putra, S. A., & Dewi, W. U. 2021. Pengaruh Ukuran Perusahaan, Leverage, Dan Profitabilitas Terhadap Nilai Perusahaan Semen di Bursa Efek Indonesia (BEI). Jurnal Ilmu Dan Riset Manajemen, 8, 1–18.

Saputri, M., & Isbanah, Y. 2021. Pengaruh Good Corporate Governance dan Corporate Sosial Responsibility terhadap Nilai Perusahaan dengan Kinerja Keuangan sebagai Variabel Mediasi pada Perusahaan Misscellaneous Industry di BEI Periode 2016-2019. Jurnal Ilmu Manajemen, 9(2), 651

Sari, R. M., Haryati, R., & Bustari, A. 2022. Pengaruh Konservatisme Akuntansi, Kepemilikan Manajerial dan Ukuran Dewan Komisaris terhadap Tax Avoidance (Pada Perusahaan Manufaktur Sub Sektor Makanan dan Minuman yang Terdaftar di BEI periode 2013-2018). Pareso Jurnal, 4(2), 459–476.




DOI: http://dx.doi.org/10.33087/ekonomis.v8i2.1858

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Ekonomis: Journal of Economics and Business Published by Lembaga Penelitian dan Pengabdian kepada Masyarakat
Adress: LPPM Universitas Batanghari, Jl.Slamet Ryadi, Broni-Jambi, Kec.Telanaipura, Kodepos: 36122, email: ekonomis.unbari@gmail.com, Phone: 0741-670700

Creative Commons License This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.