The Effect of Financial Performance and Good Corporate Governance on Company Value

The aim of this research is to determine the effect of financial performance as proxied by return on equity and Good corporate governance as proxied by the GCG index on company value as measured by Tobin's Q. This research method uses a quantitative approach. The sampling technique uses purposive sampling with secondary data sources in the form of financial reports. The objects of this research are 26 companies listed on the Indonesian Stock Exchange. The research results show that financial performance as measured using ROE has no effect on company value. Meanwhile, GCG as measured using the GCG index has a significant positive effect on company value.

Authors

Publication Details

Journal
Tax Accounting Applied Journal
Published
2024-08-12
DOI
https://doi.org/10.14710/taaij.2024.24139
Citations
2
Primary Topic
Financial Analysis and Corporate Governance
Type
article
Field-Weighted Citation Impact
1.89
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article

The Effect of Financial Performance and Good Corporate Governance on Company Value

Watim Maysaroh, Eko Budi Prasetyo, Partiwi Partiwi
2 citations
Tax Accounting Applied Journal
Financial Analysis and Corporate Governance
1.89
article

The Effect of Financial Performance and Good Corporate Governance on Company Value

Watim Maysaroh, Eko Budi Prasetyo, Partiwi Partiwi
article en
2 citations

Abstract

The aim of this research is to determine the effect of financial performance as proxied by return on equity and Good corporate governance as proxied by the GCG index on company value as measured by Tobin's Q. This research method uses a quantitative approach. The sampling technique uses purposive sampling with secondary data sources in the form of financial reports. The objects of this research are 26 companies listed on the Indonesian Stock Exchange. The research results show that financial performance as measured using ROE has no effect on company value. Meanwhile, GCG as measured using the GCG index has a significant positive effect on company value.

Tax Accounting Applied JournalVol. 3(1)
Openalex Percentile: Top 10%
Financial Analysis and Corporate Governance
1.89
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