The Influence of Corporate Governance, Bankruptcy Risk on Financial Performance and Company Value
This research aims to determine how corporate governance and bankruptcy risk affect financial performance and company value in non-financial companies listed on the IDX LQ-45 Index between 2019 and 2023. This research examines 18 non-financial organizations using the method quantitative methodology....
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| Format: | Article |
| Language: | English |
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University of Brawijaya
2025-01-01
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| Series: | Profit: Jurnal Administrasi Bisnis |
| Subjects: | |
| Online Access: | https://profit.ub.ac.id/index.php/profit/article/view/2769 |
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| _version_ | 1832088062655463424 |
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| author | Antoni Susanto Muhammad Saifi Nur Imamah |
| author_facet | Antoni Susanto Muhammad Saifi Nur Imamah |
| author_sort | Antoni Susanto |
| collection | DOAJ |
| description | This research aims to determine how corporate governance and bankruptcy risk affect financial performance and company value in non-financial companies listed on the IDX LQ-45 Index between 2019 and 2023. This research examines 18 non-financial organizations using the method quantitative methodology. This research uses a purposive sampling technique on companies that meet the BEI LQ-45 index criteria and provides comprehensive financial reports, corporate governance reports, ratios and other relevant data. Secondary data was collected from financial reports published by non-financial companies between 2019 and 2023—quantitative statistical analysis with PLS-SEM to test the research hypothesis. The research results show that, in the LQ-45 Index Companies listed on the Indonesia Stock Exchange from 2019 to 2023, Corporate Governance and Bankruptcy Risk had a positive and significant effect on Financial Performance, Corporate Governance and Bankruptcy Risk has a positive and not significant effect on Company Value, and Financial Performance has a positive and significant effect on Company Value. |
| format | Article |
| id | doaj-art-b8d4a3ea813a4ff99bad13c0476c406d |
| institution | Kabale University |
| issn | 1978-743X 2338-4654 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | University of Brawijaya |
| record_format | Article |
| series | Profit: Jurnal Administrasi Bisnis |
| spelling | doaj-art-b8d4a3ea813a4ff99bad13c0476c406d2025-02-06T02:34:41ZengUniversity of BrawijayaProfit: Jurnal Administrasi Bisnis1978-743X2338-46542025-01-0119183101https://doi.org/10.21776/ub.profit.2025.019.01.6The Influence of Corporate Governance, Bankruptcy Risk on Financial Performance and Company Value Antoni Susanto 0Muhammad Saifi 1Nur Imamah 2Brawijaya University Brawijaya University Brawijaya University This research aims to determine how corporate governance and bankruptcy risk affect financial performance and company value in non-financial companies listed on the IDX LQ-45 Index between 2019 and 2023. This research examines 18 non-financial organizations using the method quantitative methodology. This research uses a purposive sampling technique on companies that meet the BEI LQ-45 index criteria and provides comprehensive financial reports, corporate governance reports, ratios and other relevant data. Secondary data was collected from financial reports published by non-financial companies between 2019 and 2023—quantitative statistical analysis with PLS-SEM to test the research hypothesis. The research results show that, in the LQ-45 Index Companies listed on the Indonesia Stock Exchange from 2019 to 2023, Corporate Governance and Bankruptcy Risk had a positive and significant effect on Financial Performance, Corporate Governance and Bankruptcy Risk has a positive and not significant effect on Company Value, and Financial Performance has a positive and significant effect on Company Value.https://profit.ub.ac.id/index.php/profit/article/view/2769corporate governance; bankruptcy risk; financial performance; company value |
| spellingShingle | Antoni Susanto Muhammad Saifi Nur Imamah The Influence of Corporate Governance, Bankruptcy Risk on Financial Performance and Company Value Profit: Jurnal Administrasi Bisnis corporate governance; bankruptcy risk; financial performance; company value |
| title | The Influence of Corporate Governance, Bankruptcy Risk on Financial Performance and Company Value |
| title_full | The Influence of Corporate Governance, Bankruptcy Risk on Financial Performance and Company Value |
| title_fullStr | The Influence of Corporate Governance, Bankruptcy Risk on Financial Performance and Company Value |
| title_full_unstemmed | The Influence of Corporate Governance, Bankruptcy Risk on Financial Performance and Company Value |
| title_short | The Influence of Corporate Governance, Bankruptcy Risk on Financial Performance and Company Value |
| title_sort | influence of corporate governance bankruptcy risk on financial performance and company value |
| topic | corporate governance; bankruptcy risk; financial performance; company value |
| url | https://profit.ub.ac.id/index.php/profit/article/view/2769 |
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