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Financial performance moderates the effect of GCG on the firm value

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Sura Ambara Jaya *, Ketut Parnata and Luh Mei Wahyuni

Bali State Polytechnic, Indonesia.

Research Article
 

World Journal of Advanced Research and Reviews, 2023, 18(02), 877–881
Article DOI: 10.30574/wjarr.2023.18.2.0903
DOI url: https://doi.org/10.30574/wjarr.2023.18.2.0903

Received on 07 April 2023; revised on 14 May 2023; accepted on 17 May 2023

The purpose of this study is to examine and analyze the effect of GCG on firm value and financial performance as moderating variables. In this study, the GCG variable is proxied by managerial ownership. The financial performance variable is proxied by ROA. The object of research used was a mining company listed on the Indonesia Stock Exchange for the period 2019-2021. This study uses a purposive sampling technique in determining the research sample. Obtained 22 companies as research samples in accordance with predetermined sample criteria. The analytical method used is Moderated Regression Analysis (MRA). The results of this GCG study have no significant effect on firm value, financial performance is not able to moderate the relationship between GCG and firm value.

GCG; Firm Value; Financial Performance; Mining Company

https://wjarr.co.in/sites/default/files/fulltext_pdf/WJARR-2023-0903.pdf

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Sura Ambara Jaya, Ketut Parnata and Luh Mei Wahyuni. Financial performance moderates the effect of GCG on the firm value. World Journal of Advanced Research and Reviews, 2023, 18(02), 877–881. Article DOI: https://doi.org/10.30574/wjarr.2023.18.2.0903

Copyright © 2023 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0

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