Corporate Governance, Profitabilitas, Size, Growth, dan Nilai Perusahaan

Authors

  • Azhar Latief Universitas Muhammadiyah Kalimantan Timur
  • Fenty Fauziah Universitas Muhammadiyah Kalimantan Timur

DOI:

10.33395/owner.v7i2.1391

Keywords:

Corporate Governance, Profitability, Size, Growth, Firm Value

Abstract

The purpose of this research is to test and analyze the effect of profitability as measured by ROA, size as measured by total assets, and growth as measured by asset growth on firm value as measured by Tobin's Q; to test and analyze how corporate governance as measured by the CGPI scores moderates the effect of profitability, size, and growth on firm value. Data used in this research is secondary data. There is 302 population used in this research which is companies were included in the CGPI rating in period 2011-2019 (pooled data). There are 45 samples selected by using the purposive sampling method. The data analysis technique used is PLS-SEM. This research showed that profitability has a significant positive effect on firm value, size has a significant positive effect on firm value, growth hasn't a significant effect on firm value. Corporate governance hasn't moderated the effect of profitability on firm value, corporate governance has strengthened the effect of size on firm value, and corporate governance hasn't moderated the effect of growth on firm value.

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Published

2023-01-17

How to Cite

Latief, A., & Fauziah, F. (2023). Corporate Governance, Profitabilitas, Size, Growth, dan Nilai Perusahaan. Owner : Riset Dan Jurnal Akuntansi, 7(2). https://doi.org/10.33395/owner.v7i2.1391