Dividend Policy and Corporate Value (a Meta-Analysis)

This study aimed to understand the effect of dividend policy on corporate value, as wellas to examine and analyze the variation of result study on corporate value in Indonesia.Dividend Signaling Model was the grand theory used to explain the effect of dividendpolicy on corporate value. This study used meta-analysis approach with the sample were70 researches in Indonesia, both the published and unpublished in 2007-2015. The resultof this study, meta-analysis strengthens the findings of the previous study which statedthat the dividend policy could increase the corporate value. The differences of the previousstudies were due to the presence of moderation effect from the measurement model ofcorporate value and dividend corporate

Controlling Shareholders and Corporate Value: Evidence from Thailand

This study investigates the effects of controlling shareholders on corporate performance. The empirical results, based on a unique database of Thai firms, do not support the hypothesis that controlling shareholders expropriate corporate assets. In fact, the presence of controlling shareholders is associated with higher performance, when measured by accounting measures such as the ROA and the sales-asset ratio. Since most of the firms do not implement control mechanisms to separate voting and cash flow rights, the controlling shareholders might be self-constrained not to extract private benefits. Otherwise, they would internalize higher costs of expropriation from holding high stakes. The controlling shareholders' involvement in the management, however, has a negative effect on the performance. The negative effect is more pronounced when the controlling shareholder-and-manager's ownership is at the 25-50 percent. The evidence also reveals that family controlled firms display significantly higher performance. Foreign controlled firms as well as firms with more than one controlling shareholder also have higher ROA, relative to firms with no controlling shareholder.Ownership structure, Corporate Control, Agency costs, Corporate Value, Thailand

Factor Influence Analysis of Corporate Value with Firm Size As Moderator Variable in Indonesia Stock Exchange

Corporate value is the representation of people’s judgement towards the company’s performance in general that usually correlated with stock price. Maximizing corporate value is the main goal of a company. By doing so, it will also improve the prosperity of shareholders. This present study aims to analyze the influence of capital structure, dividend policy, and profitability towards the corporate value by involving firm size as the moderator variable. The subjects are the companies of consumer goods industry sector that has been registered in Indonesia Stock Exchange from 201 until 2016. The result showed that capital structure, dividend policy, and profitability simultaneously have influence towards the corporate value with coefficient of determination (R2) 20.17%. Thus, moderately, firm size can negatively moderate the correlation between capital structures towards corporate value. However, it cannot moderate the correlation between ldividend policies towards the corporate value. Keywords: Corporate Value, Capital Structure, Dividend Policy, Profitability, Firm Siz

Pengaruh Roa Terhadap Nilai Perusahaan Dengan Pengungkapan Corporate Social Responsibility Dan Good Corporate Governance Sebagai Variabel Pemoderasi (Studi Kasus Pada PT. Persada Raya Motion Kuta Badung)

This research aims to test the inuence of Return on Assets (ROA) on corporate value by considering the two moderating variables. Researches on the inuence of ROA on corporate value have been widely conducted, however results inconsistency occurred. ROA has a positive effect on corporate value, however there are also some ï€ndings that ROA have a negative effect. Researchers predicted that there are other inuencing factors. This condition drives researchers to use corporate social responsibility (CSR) and good corporate governance (GCG) as moderating variables. Results indicate that (1) ROA has a positive effect on corporate value, (2) the disclosure of CSR is able to moderate relation of ROA and corporate value, but GCG is unable to moderate the link

Implementation of the Corporate Governance and Index Value of Manufacturing Companies in Stock Exchanges (Case Study in Indonesia)

Previous research related to the implementation of GCG was mostly related to operational performance, for example, ROI and ROE. However, there is no research on GCG implementation that is related to corporate value and earnings quality as moderating objects. Corporate value is a measure of market performance that is very important because high corporate value describes the market value of a company that is more valuable than the company's noted value. Therefore, this study wants to develop GCG implementation that associated with a corporate value, which is practically influenced by stock and asset prices also how the influence of corporate governance implementation on corporate value and earnings quality as moderating variables. Thus, in general, this study aims to determine the practice of corporate governance with the implementation of the CG Index. This study aims to examine the effect of implementing the CG Index on Corporate Value, specifically

Analysis of Asset Usage Activities, Capital Structure, Financial Performance and Corporate Value (A Study of Manufacturing Corporates at the Indonesia Stock Exchange)

This study aims to examine and explain the effect of the asset usage activities on the capital structure, financial performance and corporate value. Test and explain the effect of capital structure on the financial performance and corporate value. Test and explain the effect of the financial performance of the corporate value. The findings of this study is the asset usage activities has a significant negative effect on capital structure, and significant positive to financial performance dap corporate value.The capital structure has a significant negative effect on financial performance, and is significantly positive to Corporate value. Financial performance has a significant positive effect on Corporate value. The study concludes that asset usage activities can determine the capital structure, financial performance and Corporate value. Therefore, the Corporate's management and financial analysts can examine the asset usage activities and capital structure and financial performance to predict the future value of the Corporate. Keywords: Asset usage Activities, Capital Structure, Financial Performance, Corporate Values.

The Importance of Corporate Social Responsibility in Improving Corporate Value: Case Study of Public Companies in Indonesia

Corporate value is a quality measure that indicates the consistency and sustainability of a company. Good corporate value can only be attained if the company has consistent financial performance, and that value will be used by decision makers inside or outside the company as the guide before making action. Attaining good corporate value should need comprehensive strategies integrated with company operation. Among those strategies is non-financial activity or social responsibility. This research expects that the disclosure of social responsibility by the company will adorn corporate image and give good impact on profitability and corporate value. This research is aimed to examine the effect of social responsibility disclosure on profitability and corporate value. Data testing was conducted using robust regression test and applied on 1306 data of public companies that are listed at Indonesia Stock Exchange on period 2015-2018. Result of the test shows that social responsibility affects profitability and corporate value. &nbsp

Good Corporate Governance Affects on Corporate Value Through Return on Equity and Return on Asset of Manufacture Company

This study aims to determine the direct effect of GCG on Corporate Value, GCG of the ROA, ROE on Corporate Value, ROA of the Corporate Value and to determine the indirect effect of the GCG on Corporate Value through ROE and ROA. By using path analysis research show that: 1) the condition of Corporate Values and ROA variables are classified low, while the variable conditions of GCG and ROE are medium, 2) GCG has a significant positive effect on Corporate Value, 3) GCG has a significant positive effect on ROE, 4) ROE has a significant positive effect on Corporate Values, 5) GCG has a positive effect significantly on ROA, 6) ROA significant positive effect on the Corporate Values. Thus in this study, ROE and ROA is a mediating variable between GCG influence on the value of the Company.   Keywords: good corporate governance, Tobin’s q, return on equity, return on asset, corporate value

THE EFFECT OF LIQUIDITY, PROFITABILITY, LEVERAGE ON CORPORATE VALUE WITH DIVIDEND POLICY AND BI RATE AS MODERATED VARIABLES (Study of Banking Companies Listed on the Indonesia Stock Exchange in 2014-2017)

This study aims to examine the effect of liquidity, profitability, leverage on corporate value with dividend policy and the BI Rate as a moderating variable on banking companies listed on the Indonesia Stock Exchange in 2014-2017. The study used a purposive sampling method for sampling, as many as 13 banks based on criteria. This study uses secondary data from company annual reports. Data were analyzed using SPSS 25. The results showed that: liquidity had a negative and not significant effect on corporate value, profitability had a positive and significant effect on corporate value, leverage had a negative and not significant effect on corporate value, dividend policy and the BI Rate are not able to moderate the effect of liquidity, profitability, and leverage on corporate value