Pengaruh Kinerja Keuangan dan Good Corporate Governance sebagai Variabel Moderasi Terhadap Nilai Perusahaan (Studi Empiris pada Indeks Kompas 100 Yang Terdaftar di Bursa Efek Indonesia Periode 2012-2016)

Abstract

This study aims to examine the effect of performance financial on companies who are incorporated in the Compass Index listed on the BEI period 2012 to 2016. Based on the collection of samples by using purposive sampling method obtained a sample of 23 companies. Hypothesis test is done by using multiple linear regression analysis. The results prove that the Current Ratio and Debt to Asset Ratio does not affect the value of the company. Return On Assets have positive and significant effect to company value. Return On Equity have positive and insignificant effect to company value. While Good Corporate Governance is able to moderate the relationship between Current Ratio with company value in the positive direction. Good Corporate Governance is able to moderate the relationship between Return On Assets with firm value and Debt to Asset Ratio with firm value toward negative. Good Corporate Governance does not moderate the relationship between Return On Equity and company value.