Pengaruh Kinerja Keuangan Dan Good Corporate Governance Terhadap Return Saham Dengan Price Book Value Sebagai Variabel Moderasi Pada Perusahaan Perbankan Di Bursa Efek Indonesia

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh return on assets (ROA), debt to equity ratio (DER), non performing loan (NPL), good corporate governance (GCG) terhadap return saham dimoderasi oleh price book value (PBV). Populasi dari penelitian ini adalah perusahaan perbankan yang terdaftar di Bursa Efek Indonesia (BEI) periode 2015-2019. Pemilihan sampel ini menggunakan metode purposive sampling. Pengujian hipotesis menggunakan analisis regresi linear berganda dan Moderated Regression Analysis (MRA) dengan prosedur statistik menggunakan software SPSS versi 25. Hasil penelitian menunjukkan return on assets (ROA), debt to equity ratio (DER), non performing loan (NPL), good corporate governance (GCG) berpengaruh terhadap return saham. Berdasarkan hasil uji interaksi MRA, price book value (PBV) dapat memoderasi pengaruh return on assets (ROA), debt to equity ratio (DER), non performing loan (NPL), good corporate governance (GCG).

The Effect of Sustainability Reporting Disclosure, Environment, Social and Governance Rating, and Digital Banking Transactions on Firm Value with Financial Performance as an Intervening Variable (Case Study on Commercial Bank in Indonesia)

“…It is proven in this research, as explained in the discussion of the results of hypotheses 1, 4 and 7, that investors no longer see profit as the only thing that can provide a positive signal, but also consider people and planet. The results of this research are in line with the research of Kharisma et al (2022), Santoso et al (2023), andParahdila et al (2022).…”

“…Such as management resilience in dealing with pandemics, implementing sustainable economics so that businesses survive in the long term, and others. This is in line with Sihombing et (2023a), Sihombing et al (2023b), Parahdila et al (2022), Kharisma et al (2022), andSaputri et al (2022).…”