WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 20, 2023
Corporate Governance and Financial Performance on Firm Value: The Case of Indonesia
Authors: , , ,
Abstract: The purpose of this study was to examine the effect of corporate governance on firm value; next, examine the effect of corporate governance on firm value with financial performance as an intermediary variable. The subjects of this research are manufacturing companies in the field of consumer goods listed on the Indonesia Stock Exchange in 2018-2020, with 105 total samples. Warp PLS 6.0 Software was used as an analytical tool. The results showed that the test results in this study indicate that corporate governance affects firm value, corporate governance affects financial performance. Financial performance affects firm value. Furthermore, Corporate Governance also affects Company Value with Financial Performance as an Intervening Variable.