Online ISSN: 2515-8260

Keywords : Firm Value


The Moderating Effect Of Corporate Governance On The Relationship Between Dividend Policy, Capital Structure, And Firm Value: Evidence From Indonesian Manufacturer Companies

Munajat Mubaraq; Sri Mangesti Rahayu; Muhammad Saifi; Ari Darmawan

European Journal of Molecular & Clinical Medicine, 2021, Volume 8, Issue 1, Pages 880-889

This study aims to determine The Moderating Effect of Corporate Governance on the Relationship between Dividend Policy, Capital Structure, and Firm Value. This research uses samples of secondary data of 64 companies after purposive sampling, which was obtained from manufacturing companies on the Indonesia Stock Exchange (BEI) between periods of 2014-2018. This study uses the inferential analysis method using WarpPLS Software. This study found that there is a significant positive relationship between dividend policy and firm value. On the other hand, there is no significant positive relationship between capital structure and firm value. The corporate governance variable shows a significant moderating effect between dividend policy on firm value and an insignificant moderation effect between capital structure and firm value. The effect of corporate governance as a moderator is one of the authenticity of this study.

Corporate Governance And Firm Value: The Mediating Role Of Intellectual Capital Disclosure In Indonesian Manufacturing Firms

Radhi Abdul Halim Rachmat; Disman .; Nugraha .; Ikaputera Waspada

European Journal of Molecular & Clinical Medicine, 2020, Volume 7, Issue 2, Pages 5320-5335

The objective of this study is to examine the relationship between corporate governance (managerial ownership and institutional ownership) and firm value with intellectual capital disclosure as a mediating variable for a panel sample of 358 manufacturing firms in Indonesia during 2016-2018.  We found that corporate governance is associated with intellectual capital disclosure and firm value.  Intellectual capital disclosure has a positive effect on firm value.  Splitting the firms into small and large firm subsamples, we observe some influence of corporate governance on intellectual capital disclosure and firm value.  Furthermore, intellectual capital disclosure mediates the effect of some corporate governance on firm value for the large firms.

The Moderating Effect of Corporate Governance on the Relationship between Dividend Policy, Capital Structure, and Firm Value: Evidence from Indonesian Manufacturer Companies

Sri Mangesti Rahayu; Muhammad Saifi; Ari Darmawan

European Journal of Molecular & Clinical Medicine, 2020, Volume 7, Issue 3, Pages 4402-4412

This study aims to determine The Moderating Effect of Corporate Governance on the Relationship between Dividend Policy, Capital Structure, and Firm Value. This research uses samples of secondary data of 64 companies after purposive sampling, which was obtained from manufacturing companies on the Indonesia Stock Exchange (BEI) between periods of 2014-2018. This study uses the inferential analysis method using WarpPLS Software. This study found that there is a significant positive relationship between dividend policy and firm value. On the other hand, there is no significant positive relationship between capital structure and firm value. The corporate governance variable shows a significant moderating effect between dividend policy on firm value and an insignificant moderation effect between capital structure and firm value. The effect of corporate governance as a moderator is one of the authenticity of this study.