Peningkatan Nilai Perusahaan Melalui Tata Kelola Perusahaan Dan Profitabilitas Pada Konstituen Indeks Saham Syariah Indonesia

Abstract

This study aims to obtain empirical evidence about the effect of corporate governance on profitability and its impact on company value. To measure the level of implementation of corporate governance, an index that has been developed based on relevant regulations and previous research is used. This study uses a purposive sampling method from the constituents of the Indonesian Syariah Stock Index (ISSI) in 2017. There are 50 companies that meet the criteria for the study sample. Data analysis using the Structural Equation Model (SEM) approach with the GeSCA Version 1.5 Web analyzer. The results of this study indicate that corporate governance has a positive and significant effect on profitability, while corporate governance does not affect the value of the company. Profitability affects the value of the company. Corporate governance affect the value of the company mediated by profitability.

Analysis of the Effects of Green Banking, Capital Adequacy Ratio on Profitability Growth with Institutional Ownership as a Moderating Variable

“…Profitability represents the value that reflects the bank's ability to obtain profit (Fadhila & Haryanti, 2020;Muchtar & Rofi, 2020;Murtadlo & Nuraeni, 2019). Good profitability growth can have an impact on various aspects such as business sustainability and success, attracting investors to invest in the bank, building customer trust, and the ability to face economic challenges (Muchtar et al, 2019). Considering the many factors that can be influenced by good profitability growth, the company's operations must also be capable of supporting profitability growth (D. Anggraini et al, 2020).…”