DAMPAK TATA KELOLA PERUSAHAAN TERHADAP PROFITABILITAS DAN NILAI PERUSAHAAN: ANALISIS SIMULASI KEBIJAKAN
The concept of good corporate governance (GCG) has not been fully implemented by most business actors which is reflected in the assessment results of the ASEAN Corporate Governance Scorecard. The study aims to analyze the impact of external and internal factors including the implementation of GCG on...
| Main Authors: | , , |
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| Format: | Article |
| Language: | Indonesian |
| Published: |
Bogor Agricultural University
2021-05-01
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| Series: | Jurnal Aplikasi Bisnis dan Manajemen |
| Online Access: | https://journal.ipb.ac.id/index.php/jabm/article/view/32652 |
| _version_ | 1819274412066603008 |
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| author | Assrianti Bonar M. Sinaga Bayu Bandono |
| author_facet | Assrianti Bonar M. Sinaga Bayu Bandono |
| author_sort | Assrianti |
| collection | DOAJ |
| description | The concept of good corporate governance (GCG) has not been fully implemented by most business actors which is reflected in the assessment results of the ASEAN Corporate Governance Scorecard. The study aims to analyze the impact of external and internal factors including the implementation of GCG on the profitability and firm value in the LQ45 index of the Indonesia Stock Exchange. The econometric model is built as a system of simultaneous equations and estimated by using the Two-Stage Least Squares (2SLS) method and the impact simulation analysis policy. The result shows impact of decrease in gross domestic product is greater than increase in inflation. Furthermore if the decrease in gross domestic product or the increase in inflation that is resolved by company policies by improving corporate governance, making efficiency by reducing operational costs, and increasing total assets, have greater impact than the company resolved by improving corporate governance and making efficiency by reducing the cost of goods sold.
Keywords: econometric model, external and internal factors, firm value, good corporate governance, profitability |
| first_indexed | 2024-12-23T23:08:01Z |
| format | Article |
| id | doaj.art-3b70f5bacbf741db911ebff4fbc5949b |
| institution | Directory Open Access Journal |
| issn | 2528-5149 2460-7819 |
| language | Indonesian |
| last_indexed | 2024-12-23T23:08:01Z |
| publishDate | 2021-05-01 |
| publisher | Bogor Agricultural University |
| record_format | Article |
| series | Jurnal Aplikasi Bisnis dan Manajemen |
| spelling | doaj.art-3b70f5bacbf741db911ebff4fbc5949b2022-12-21T17:26:45ZindBogor Agricultural UniversityJurnal Aplikasi Bisnis dan Manajemen2528-51492460-78192021-05-017246546510.17358/jabm.7.2.46532652DAMPAK TATA KELOLA PERUSAHAAN TERHADAP PROFITABILITAS DAN NILAI PERUSAHAAN: ANALISIS SIMULASI KEBIJAKANAssrianti0Bonar M. SinagaBayu BandonoGraduates Program of Bisnis School IPB UniversityThe concept of good corporate governance (GCG) has not been fully implemented by most business actors which is reflected in the assessment results of the ASEAN Corporate Governance Scorecard. The study aims to analyze the impact of external and internal factors including the implementation of GCG on the profitability and firm value in the LQ45 index of the Indonesia Stock Exchange. The econometric model is built as a system of simultaneous equations and estimated by using the Two-Stage Least Squares (2SLS) method and the impact simulation analysis policy. The result shows impact of decrease in gross domestic product is greater than increase in inflation. Furthermore if the decrease in gross domestic product or the increase in inflation that is resolved by company policies by improving corporate governance, making efficiency by reducing operational costs, and increasing total assets, have greater impact than the company resolved by improving corporate governance and making efficiency by reducing the cost of goods sold. Keywords: econometric model, external and internal factors, firm value, good corporate governance, profitabilityhttps://journal.ipb.ac.id/index.php/jabm/article/view/32652 |
| spellingShingle | Assrianti Bonar M. Sinaga Bayu Bandono DAMPAK TATA KELOLA PERUSAHAAN TERHADAP PROFITABILITAS DAN NILAI PERUSAHAAN: ANALISIS SIMULASI KEBIJAKAN Jurnal Aplikasi Bisnis dan Manajemen |
| title | DAMPAK TATA KELOLA PERUSAHAAN TERHADAP PROFITABILITAS DAN NILAI PERUSAHAAN: ANALISIS SIMULASI KEBIJAKAN |
| title_full | DAMPAK TATA KELOLA PERUSAHAAN TERHADAP PROFITABILITAS DAN NILAI PERUSAHAAN: ANALISIS SIMULASI KEBIJAKAN |
| title_fullStr | DAMPAK TATA KELOLA PERUSAHAAN TERHADAP PROFITABILITAS DAN NILAI PERUSAHAAN: ANALISIS SIMULASI KEBIJAKAN |
| title_full_unstemmed | DAMPAK TATA KELOLA PERUSAHAAN TERHADAP PROFITABILITAS DAN NILAI PERUSAHAAN: ANALISIS SIMULASI KEBIJAKAN |
| title_short | DAMPAK TATA KELOLA PERUSAHAAN TERHADAP PROFITABILITAS DAN NILAI PERUSAHAAN: ANALISIS SIMULASI KEBIJAKAN |
| title_sort | dampak tata kelola perusahaan terhadap profitabilitas dan nilai perusahaan analisis simulasi kebijakan |
| url | https://journal.ipb.ac.id/index.php/jabm/article/view/32652 |
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