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Return on Assets, Firm Value, and Good Corporate Governance: Empirical at Foreign Exchange Banks In Indonesia

Ningsih, Risna, Nirwanto, Nazief and Zuhroh, Diana ORCID: https://orcid.org/0000-0002-5659-283X (2020) Return on Assets, Firm Value, and Good Corporate Governance: Empirical at Foreign Exchange Banks In Indonesia. Management and Economics Journal, 4 (1). pp. 25-32. ISSN 2598-9537 (E): 2599-3402 (P)

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Abstract

Every firm tries to improve the performance in order to achieve its goal, namely maximizing the firm wealth or value (Salvatore, 2005). The purpose of this study was to examine the effect of Return on Assets on firm value with Good Corporate Governance as its moderating variable. This study used 29 Foreign Exchange Banks in LQ45 category and listed in Indonesia Stock Exchange in 2014-2017. The firm value was measured by using Tobin's Q while GCG was measured by Independent commissioner. The results of the study showed that Good corporate governance which is proxied by the independent commissioner weakens the influence of Return on Assets to the firm value.

Item Type: Article
Additional Information: Diana Zuhroh NIDN: 0717056402
Uncontrolled Keywords: Return on Assets, Good Corporate Governance, Corporate Values
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
H Social Sciences > HG Finance
Divisions: Fakultas Ekonomi dan Bisnis > S1 Akuntansi
Depositing User: Rita Juliani
Date Deposited: 13 Jun 2023 08:06
Last Modified: 13 Jun 2023 08:06
URI: https://eprints.unmer.ac.id/id/eprint/3373

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