FDPM after the global price crisis in the coal industry

Sawitri, Ni Nyoman

doi:10.1504/ijmef.2019.098699

Cited by 2 publications

(2 citation statements)

References 24 publications

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“…Kondisi financial distress menjadi ancaman bagi seluruh perusahaan dimana kondisi perusahaan yang tidak sehat dapat mempengaruhi keberlangsungan hidup perusahaan. Permasalahan keuangan perusahaan memiliki pengaruh yang besar bukan hanya perusahaan yang mengalami kerugian tetapi stakeholder dan shareholder pun merasakan dampak apabila suatu perusahaan mengalami kesulitan keuangan (Sawitri, 2019) Pada umumnya terdapat tiga alasan utama perusahaan mengalami financial distress (Ratna dan Marwati, 2018). Yaitu kurang handalnya dalam pengalokasian sumber daya yang dimiliki oleh perusahaan, pengelolaan aset yang kurang tepat, keuangan perusahaan yang tidak dikelola dengan baik, serta penerapan tata kelola perusahaan yang kurang baik (Vionita dan Lusmeida, 2019).…”

Section: Pendahuluanunclassified

Good Corporate Governance Dan Financial Distress Pada Perusahaan Manufaktur Di Indonesia

Ninda Febriyanti,

Khalifaturofi'ah

2023

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Good Corporate Governance is important for companies to overcome financial difficulties. This study intends to analyze good corporate governance and its influence on predicting the condition of companies in financial distress. Good corporate governance is proxied by institutional ownership, managerial ownership, directors, the board of commissioners, and the audit committee. By using logistic regression for 21 manufacturing companies from 2015 to 2019, it was found that the board of directors and audit committee had a negative effect on financial distress. The board of commissioners has a positive effect on financial distress. The other variables, namely institutional and managerial ownership, have no effect on financial distress. To avoid financial distress in manufacturing companies, it is necessary to have a large board of directors and an audit committee, but not a board of commissioners. The fewer the boards of commissioners, the easier it will be for companies to control financial conditions to avoid financial distress.

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Section: Pendahuluanunclassified

Good Corporate Governance Dan Financial Distress Pada Perusahaan Manufaktur Di Indonesia

Ninda Febriyanti,

Khalifaturofi'ah

2023

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“…Value is desired if it is positive because it is profitable and makes it easier for the parties who obtain it to fulfil the interests related to that value (Suroso, 2020;Faeni et al, 2023;Wahyu Hidayat, 2017)). Conversely, value is undesirable if it is negative, so it will be avoided because it is considered detrimental or difficult for the parties who obtain it to influence the interests of that party (Sawitri, 2019;Allameh, 2018;Doni et al, 2019)). Firm value is the price prospective buyers are willing to pay in the capital market, especially the stock price (Oktrivina et al, 2017;Bontis, 1998)).…”

Section: Literatur Reviewmentioning

confidence: 99%

The Moderation Power of Good Corporate Governance on Modified Value-Added Intellectual Capital and Corporate Social Responsibility Towards Corporate Values Post Pandemic Covid-19

Suroso¹,

Sawitri²,

Faeni³

et al. 2023

J. Professional Business Review

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Purpose: The author wants to know whether the Modified Value Added Intellectual Capital and Corporate Social Responsibility models could affect company value with Good Corporate Governance as moderator. Theoretical framework: Good corporate governance (GCG) is a practice that generally affects company value. GCG increases business success and corporate accountability to create good corporate value. Companies implementing GCG long-term can guarantee sustainability, increase profits significantly, and optimize corporate value for shareholders and other stakeholders. If a company has excellent and accurate governance, it can increase the value of the company. Design/methodology/approach: This study uses Moderated Regression Analysis (MRA). MRA is a tool to test the strength of the influence of two or more variables and test the causal relationship between the variables, which is strengthened or weakened by the moderating variable Findings: The research results conclude that banking companies will survive more if Corporate Social Responsibility increases. Modified Value Added Intellectual Capital is a finding that does not affect firm value, unlike previous studies. Good Corporate Governance does not moderate the influence between Corporate Social Responsibility and company value is also a finding because it differs from several previous studies. Research, Practical & Social implications: This study provides new knowledge about the reality of the power of GCG in moderating MVAIC with CSR after the Covid 19 pandemic, so that future researchers can continue with this formulation model. this research also contributes to enriching the library as a whole Originality/value: This new study uses Modified Value Added Intellectual Capital on company value after the Covid-19 pandemic, using Moderated Regression Analysis (MRA). There has yet to be any research with models and analyses like this before. This study is helpful for future researchers to determine the relationship between corporate social responsibility and intellectual capital modified by good corporate governance as a moderating variable.

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FDPM after the global price crisis in the coal industry

Cited by 2 publications

References 24 publications

Good Corporate Governance Dan Financial Distress Pada Perusahaan Manufaktur Di Indonesia

Good Corporate Governance Dan Financial Distress Pada Perusahaan Manufaktur Di Indonesia

The Moderation Power of Good Corporate Governance on Modified Value-Added Intellectual Capital and Corporate Social Responsibility Towards Corporate Values Post Pandemic Covid-19

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