The Effect of Profitability, Company Size on PBV with Company GCG as a Moderation Variable in the Consumer Goods Industry Listing on the IDX for the 2016-2022 Period
DOI:
https://doi.org/10.24114/jcrs.v8i1.57538Abstract
The purpose of this study aims to examine the effect of profitability and company size on Price Book Value by applying corporate governance (GCG) as a moderating variable in the consumer goods industry listed on the Indonesia Stock Exchange (IDX) during the period 2016 to 2022. The data used are data secondary from the financial reports and GCG reports of companies listed on the IDX. Data collection was carried out for a period of seven years (2016-2022) to obtain a comprehensive picture of the factors influencing Price Book Value in the industry. This study utilizes moderation regression to examine the simultaneous effect and interaction between profitability, firm size, and corporate governance on Price Book Value. By using the moderation regression analysis method, this study aims to provide a deeper understanding of how profitability and company size can affect Price Book Value in the consumer goods industry, as well as the role played by corporate governance as a moderating variable. In addition, data analysis techniques using the classical assumption test also provide validity and reliability to the research results. Through moderation regression analysis, this study aims to provide a deeper understanding of how profitability and firm size can influence Price Book Value in the consumer goods industry, as well as the role played by corporate governance as a moderating variable. The results of this research are expected to provide benefits for stakeholders to make more effective investment decisions and business strategies.References
] Annisa, Rizka, and Mochammad Chabachib. 2020. œAnalisis Pengaruh Current Ratio (CR), Debt To Equity Ratio (DER), Return On Assets (ROA) Terhadap Price To Book Value (PBV), Dengan Dividend Payout Ratio Sebagai Variabel Intervening (Studi Kasus Pada Perusahaan Industri Manufaktur Yang Terdaftar Di BEI P. Diponegoro Journal of Management 6(1):188“202.
] Fahmi, Irham. 2014. Pengantar Manajemen Keuangan. Bandung : Penerbit Alfabeta. Franita, Riska. 2018. Mekanisme Good Corporate Governance dan Nilai Perusahaan Studi untuk Perusahaan Telekomunikasi. Cetakan Pertama. Medan : Lembaga Penelitian dan Penulisan Ilmiah Aqli.
] Hidayat, Ichbal Rachmat, and Theresia Woro Damayanti. 2021. œPengaruh Kepemilikan Manajerial Terhadap Agresivitas Pajak: Corporate Governance Sebagai Variabel Moderasi. Jurnal Proaksi 8(2):329“43. doi: 10.32534/jpk.v8i2.1873.
] Hery. 2017. Kajian Riset Akuntansi Mengulas Berbagai Hasil Penelitian Terkini Dalam Bidang Akuntansi dan Keuangan. Jakarta : Grasindo.
] Husnan, Suad dan Pudjiastuti. 2015. Dasar-dasar Manajemen Keuangan. Edisi Ketujuh. Yogyakarta : Penerbit Unit Penerbit dan Percetakan (UPP STIM YKPN).
] Jensen, Michael C., and William H. Meckling. 1976. œTheory of the Firm: Managerial Behavior Agency Costs and Ownership Structure. Corporate Governance and Corporate Finance: A European Perspective 3:111“31. doi: 10.4324/9780203940136.
] Kusumastuti, Setiawati dan Bawono. 2019. Pengaruh Profitabilitas Dan Struktur Modal Terhadap Nilai Perusahaan Dengan Kepemilikan Manajerial Sebagai Variabel Moderasi (Studi Pada Perusahaan Property dan Real Estate Yang Terdaftar Di Bursa Efek Indonesia Tahun 2015- 2017). Seminar Nasional dan The 6th Call for Syariah Paper. Universitas Muhammadiyah Surakarta
] Mustika. 2017. œPengaruh Corporate Social Responsibility, Ukuran Perusahaan, Profitabilitas, Leverage, Capital Intensity, Dan Kepemilikan Keluarga Terhadap Agresivitas Pajak. JOM Fekon 4(1):1960“70.
] Maulana, Ilham Ahmad. 2020. œFaktor-Faktor Yang Mepengaruhi Agresivitas Pajak Pada Perusahaan Properti Dan Real Estate. KRISNA: Kumpulan Riset Akuntansi 12(1):13“20. doi: 10.22225/kr.12.1.1873.13-20.
] Prasista, Putu Meita, and Erry Setiawan. 2016. œPengaruh Profitabilitas Dan Pengungkapan Corporate Social Respnsibility Terhadap Agresivitas Pajak Penghasilan Wajib Pajak Badan. E-Jurnal Akuntansi Universitas Udayana 4(3):668“76.
] Prihanto, Hendi, Kurnia Sari Dewi, Nirwan Mulyatno, and Frans Augusta Adipermana. 2022. œAgresivitas Pajak Pada Perusahaan Manufaktur Di Indonesia. Jurnal bisnis dan manajemen 2(1):85“101.
] Serli, and Sugi Suhartono. 2021. œPengaruh Ukuran Perusahaan, Tingkat Hutang, Profitabilitas Perusahaan, Dan Corporate Governance Terhadap Manajemen Pajak Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode 2017-2019. Institut Bisnis Dan Informatika Kwik Kian Gie.
] Sudarmanto, Elly Susanti, Erika Revida, Muhammad Faisal AR Pelu Sukarman Purba, Astuti, Bonaraja Purba, Marto Silalahi Martono Anggusti, Parlin Dony Sipayung dan Astrie Krisnawati. 2021. Good Corporate Governance (GCG). Cetakan Pertama. Penerbit Yayasan Kita Menulis.
] Sari, Maya, and Jufrizen. 2019. œPengaruh Price Earning Ratio Dan Return On Asset Terhadap Price To Book Value. Jurnal KRISNA: Kumpulan Riset Akuntansi 10(2):196“203
Downloads
Issue
Section
License
Copyright (c) 2024 Ruth Wydianti Larosa
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
- This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
