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  • ISSN[Online] : 2643-9875  ||  ISSN[Print] : 2643-9840

Volume 08 Issue 01 January 2025

The Effect of Board Size, Board Independence and CEO Duality on Firm Value with Financial Performance as A Mediating Variable
1Yusbardini, 2Kurniati W. Andani
1,2Faculty of Economics Tarumanagara University Jakarta
DOI : https://doi.org/10.47191/ijmra/v8-i01-11

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ABSTRACT:

This study aims to determine the effect of board size, independent commissioners, CEO duality on firm value with company performance as a mediating variable for corporate governance variables. The number of samples used in this study were 44 companies listed on the Indonesia Stock Exchange in 2019 - 2022 in the manufacturing sector. The analysis method used is multiple linear regression using Eviews 10 to process data. Data collection is taken through the Indonesia Stock Exchange website or the company's official website. The results of this study can show the effect of board size, independent commissioners, CEO duality, performance on firm value mediated by company performance.

KEYWORDS:

Board size, Independent Commissioner, CEO duality, Firm performance, Firm value.

REFERENCES
1) Roespinoedji, R. (2021). Influence of Firm Size, Profitability and Geographic Location of Government Owned Firms on Firm Value: A Study on Indonesia Banking Sector. Review of International Geographical Education 11(1), 760- 766.

2) Obradovich & Gill (2013). The Impact of Corporate Governance and Financial Leverage on the Value of American Firms.

3) Rizky, A., Nur, K. I. & Siti, A. (2017). The effect of growth opportunity, profitability, firm size to firm value through capital structure (study at manufacturing companies listed on the Indonesian stock exchange). Imperial Journal of Interdisciplinary Research (IJIR), 3(2), 1887-1894.

4) Ayuba, Bambale, Ibrahim, & Sulaiman. (2019). Effects of Financial Performance, Capital Structure and Firm Size on Firms' Value of Insurance Companies in Nigeria. Journal of Finance, Accounting and Management, 10(1), 57-74.

5) Fermadi, H. L., Trisnawati, F., Fermadi, H. L., & Trisnawati, F. (2015). the effect of financial performance to the firm value on manufacturing companies that listed on the indonesia stock exchange the period 2013-2015. 1-13.

6) Natanael & Suhendah (2021). Factors Affecting Firm Value in Manufacturing Companies on the Financial IDX. Journal of Multiparadigm Accounting 3 (1), 331-338

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8) Ajija, Shochrul Rohmatul, et al. 2011. How to Smartly Master Eviews. Jakarta: Salemba Empat.

9) Ahmed and CheAhmad (2016). Effects of Corporate Governance Characteristics on Audit Report Lags

10) Angelia Meysi Setyawan & Devi (2017). The Effect of CEO Duality on Firm Value with Financial Performance as an Intervening Variable.

11) Rasyid Imanuddin (2021). The effect of company size, board size, public accounting firm size and audit committee size on audit report lag.

12) Kevin Chandra & Devie (2017). The Effect of CEO Duality

13) Rinjani Sanusi Putri & Linda Santioso (2019). Factors Affecting Firm Financial Performance of Manufacturing Companies Listed on the IDX

14) Dikky Wijaya & Saarce Elsye Hatane (2017). The Effect of Board Size on Firm Value Through Earning Management as an Intervening Variable.

15) Yohanes Mardinata Rusli, Piter Nainggolan & Juan Carlos Pangestu (2020). The Effect of Independent Board of commissioners, Institutional Ownership, and Audit Committee on Firm Value

16) Livia Juanita (2018). The effect of audit committee composition and audit quality on real earnings management before and after seasoned equity offering.

17) Aldila Khairina Sissandhy & Sudarno (2014). The effect of foreign ownership on firm value with corporate social responsibility disclosure as an intervening variable.

18) Kristie Onasis & Robin (2016). The effect of corporate governance on firm value in financial sector companies listed on the IDX.

19) Amelya Dwi Ade Irma (2019). The influence of commissioners, audit committees, ownership structure, size, and leverage on the performance of housing and construction property companies 2013-2017.

20) Madha Sugeng Saputri (2021). The effect of gender, age, and CEO temure on earnings management practices.

21) Ni Nyoman Tri Sariri Muryati & I Made Sadha Suardikha (2014). The effect of Corporate Governance on firm value.

22) Via Novianty & Herlin Tundjung Setijaningsih (2021). The influence of Firm size, profitability and CEO duality on Risk disclosure.
Volume 08 Issue 01 January 2025

There is an Open Access article, distributed under the term of the Creative Commons Attribution – Non Commercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting and building upon the work for non-commercial use, provided the original work is properly cited.


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