Open AccessThe Role of Audit Committee of GCG in Increasing Company Value through ROA
Author(s) -
Ana Kadarningsih,
Irene Rini Demi Pangestuti,
Sugeng Wahyudi,
Julia Safitri
Publication year - 2020
Publication title -
academic journal of interdisciplinary studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.148
H-Index - 5
eISSN - 2281-3993
pISSN - 2281-4612
DOI - 10.36941/ajis-2020-0057
Subject(s) - return on assets , audit committee , stock exchange , accounting , business , variables , intellectual capital , value (mathematics) , sample (material) , book value , corporate governance , audit , annual report , enterprise value , finance , statistics , mathematics , chemistry , chromatography , earnings
This study determines the Good Corporate Governances (GCG) influence in increasing company value through Return on Assets (ROA). Good Corporate Governance factors used in this research are independent commissioner (IC) and audit committee (AC). Company Value factors used in this research is PBV (Price to Book Value). Sample of this research contains 23 conventional commercial banks registered on IDX (Indonesia Stock Exchange) in the period of 2014-2018. The method of data analysis uses multiple linear regression. The results show that the fastest variable to increase company value through ROA as a mediating variable is the audit committee. Independent commissioner does not influence on financial performance (ROA) and company value. Another variable that rapidly increases company value is the direct influence of intellectual capital on company value.