Cash Holding, Good Corporate Governance and Firm Value

The company’s main goal is to maximize the long term value of the company. The company’s ability to generate value for the company was favorably affected by management’s ability to manage the company. The company expects the financial manager will do the best for the company to increase the value of...

Full description

Saved in:
Bibliographic Details
Main Authors: Prana Wahyu Nisasmara, Musdholifah Musdholifah
Format: Article
Language:English
Published: Universitas Negeri Semarang 2016-12-01
Series:Jurnal Dinamika Manajemen
Subjects:
Online Access:https://journal.unnes.ac.id/nju/index.php/jdm/article/view/8196
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850255107081371648
author Prana Wahyu Nisasmara
Musdholifah Musdholifah
author_facet Prana Wahyu Nisasmara
Musdholifah Musdholifah
author_sort Prana Wahyu Nisasmara
collection DOAJ
description The company’s main goal is to maximize the long term value of the company. The company’s ability to generate value for the company was favorably affected by management’s ability to manage the company. The company expects the financial manager will do the best for the company to increase the value of the company and create wealth for owners and shareholders. This research aims to understand the influence of profitability, capital structure, cash holding, and GCG (Good Corporate Governance) on firm value. The samples of this study were the property sector and real estate companies listed on Indonesia Stock Exchange (IDX) in the period of 2008-2013. The data used from the annual report company. The methods of data analysis were multiple regression models and analyzed using IBM SPSS software. The results of this study are profitability has no influence on firm value, capital structure has positive influence on firm value, cash holding has no influence on firm value and GCG a has a positive influence on firm value.
format Article
id doaj-art-4e6a646c0fe54497a9a522b668f0bfec
institution OA Journals
issn 2086-0668
2337-5434
language English
publishDate 2016-12-01
publisher Universitas Negeri Semarang
record_format Article
series Jurnal Dinamika Manajemen
spelling doaj-art-4e6a646c0fe54497a9a522b668f0bfec2025-08-20T01:56:57ZengUniversitas Negeri SemarangJurnal Dinamika Manajemen2086-06682337-54342016-12-017211712810.15294/jdm.v7i2.81965306Cash Holding, Good Corporate Governance and Firm ValuePrana Wahyu Nisasmara0Musdholifah Musdholifah1Department of Management, Faculty of Economic, State University of Surabaya, Surabaya, IndonesiaDepartment of Management, Faculty of Economic, State University of Surabaya, Surabaya, IndonesiaThe company’s main goal is to maximize the long term value of the company. The company’s ability to generate value for the company was favorably affected by management’s ability to manage the company. The company expects the financial manager will do the best for the company to increase the value of the company and create wealth for owners and shareholders. This research aims to understand the influence of profitability, capital structure, cash holding, and GCG (Good Corporate Governance) on firm value. The samples of this study were the property sector and real estate companies listed on Indonesia Stock Exchange (IDX) in the period of 2008-2013. The data used from the annual report company. The methods of data analysis were multiple regression models and analyzed using IBM SPSS software. The results of this study are profitability has no influence on firm value, capital structure has positive influence on firm value, cash holding has no influence on firm value and GCG a has a positive influence on firm value.https://journal.unnes.ac.id/nju/index.php/jdm/article/view/8196firm valueprofitabilitycapital structurecash holdinggood corporate governance
spellingShingle Prana Wahyu Nisasmara
Musdholifah Musdholifah
Cash Holding, Good Corporate Governance and Firm Value
Jurnal Dinamika Manajemen
firm value
profitability
capital structure
cash holding
good corporate governance
title Cash Holding, Good Corporate Governance and Firm Value
title_full Cash Holding, Good Corporate Governance and Firm Value
title_fullStr Cash Holding, Good Corporate Governance and Firm Value
title_full_unstemmed Cash Holding, Good Corporate Governance and Firm Value
title_short Cash Holding, Good Corporate Governance and Firm Value
title_sort cash holding good corporate governance and firm value
topic firm value
profitability
capital structure
cash holding
good corporate governance
url https://journal.unnes.ac.id/nju/index.php/jdm/article/view/8196
work_keys_str_mv AT pranawahyunisasmara cashholdinggoodcorporategovernanceandfirmvalue
AT musdholifahmusdholifah cashholdinggoodcorporategovernanceandfirmvalue