The Effect of Return on Assets, Firm Size and Risk Management on Firm Value with Good Corporate Governance as a Mediation Variable (Empirical Study of Sharia Commercial Banks 2015-2019)

Abstract

The implementation of Good Corporate Governance aims to create added value for all interested parties through improved management performance to increase corporate value and encourage the creation of an efficient, transparent, and following statutory regulations. The research objectives in conducting this research are to analyze and determine the Return on Assets, Company Size, Risk Management, and Good Corporate Governance, which affect the Company's Value through Good Corporate Governance. The results of this study found that return on assets has a significant positive effect on good corporate governance, firm size has a significant positive effect on good corporate governance, risk management has a significant positive effect on good corporate governance, good corporate governance has a significant positive effect on firm value, return on assets has a significant positive effect on firm value. significant positive effect on firm value, firm size has a significant positive effect on firm value, risk management has a significant positive effect on firm value.

Pengaruh Ukuran Perusahaan, Likuiditas, Leverage Terhadap Cash Efective Tax Rate dengan Risiko Bisnis Sebagai Moderasi pada Perusahaan Terindeks LQ45 di Bursa Efek Indonesia

“…Adapun ukuran untuk menentukan ukuran perusahaan (firm size) adalah dengan log of total assets (Perry dan Rimbey, 2016). Ukuran Perusahaan dapat diukur dengan Log Natural dari total asset perusahan (Sari, Rokhmawati & Halim, 2021). Log Of Total Assets ini digunakan untuk mengurangi perbedaan signifikan antara ukuran perusahaan yang terlalu besar dengan ukuran perusahaan yang terlalu kecil, maka nilai total asset dibentuk menjadi logaritma natural, konversi logaritma natural ini bertujuan untuk membuat data total aset terdistribusi normal.…”

The mediating role of corporate social responsibility in good corporate governance and firm value relationship: evidence from European financial institutions

“…For instance, Worokinasih and Zaini (2020) showed a positive association between GCG and firm value due to the ability of GCG to maximize the supervisory function in company management so that each step the manager takes is in line with the company's objectives. Nadia et al (2020) demonstrated that with GCG, there would be an alignment of interests among all stakeholders to reduce conflicts, and company management can be in accordance with company goals, and ultimately the value of the company will increase. In the same vein, Mukhtaruddin et al (2014), Mahrani and Soewarno (2018), Indriastuti and Kartika (2021) and Wahidahwati and Ardini (2021) assert that GCG may lead to an increase in the firm value.…”