Disclosure Effect of Enterprise Risk Management, Corporate Governance, Corporate Social Responsibility on Corporate Value
DOI:
https://doi.org/10.59653/jbmed.v2i02.722Keywords:
Accountability, risk management, Corporate ValueAbstract
The purpose of this study is to ascertain the degree to which company value in banking sector companies is influenced by enterprise risk management, corporate governance, corporate social responsibility, and company value between 2019 and 2022. The description and verification method is the one that is employed. The author employs multiple regression analysis, correlation analysis, and coefficient of determination analysis as analytical techniques. The analysis's findings demonstrate that the degree of Company Value (Y) is significantly impacted by the ERM variable (X1). This is evident from the 0.275 t value and a probability (p) = 0.038 and a regression coefficient (β) of 0.032. Company Value (Y) is significantly impacted by the CG variable (X2). The regression coefficient (β) of 0.050 and the t value of 0.362 with probability (p) = 0.002 both demonstrate this. Company Value (Y) is significantly impacted by the CSR variable (X3). The t value of 0.530 and the regression coefficient (β) of 0.045, along with the probability (p) = 0.006, demonstrate this. Company Value (Y) is significantly and simultaneously impacted by the ERM, CG, and CSR variables
Downloads
References
Abdulla, H., & Elshandidy, T. (2023). Do governance factors affect the effectiveness of risk management disclosure in UAE banks? Cogent Business and Management, 10(2). https://doi.org/10.1080/23311975.2023.2238394
Adelina, F., & Indra Arza, F. (2021). Pengaruh Intelllectual Capital dan Corporate Social Responsibility terhadap Nilai Perusahaan Pertambangan yang Terdaftar di BEI Tahun 2018-2020. Dalam Jurnal Eksplorasi Akuntansi (Vol. 3). Online. http://jea.ppj.unp.ac.id/index.php/jea/index
Agung, I. G. N., Ananda, D., Suardi, R., Nyoman, D., Werastuti, S., Ekonomi, J., & Akuntansi, D. (2022a). PENGARUH ENTERPRISE RISK MANAGEMENT, INTELLECTUAL CAPITAL DAN SUSTAINABILITY REPORT TERHADAP NILAI PERUSAHAAN. Dalam Jurnal Ilmiah Mahasiswa Akuntansi) Universitas Pendidikan Ganesha (Vol. 13, Nomor 2).
Akil, A., Yudono, A., Osman, W. W., Ibrahim, R., & Hidayat, A. (2023). Suitable Potential Locations for Street Vendors in Makassar City, Indonesia. International Review for Spatial Planning and Sustainable Development, 11(3). https://doi.org/10.14246/irspsd.11.3_152
Ampofo, A. A., & Barkhi, R. (2024). The impact of CEO power and ethical corporate citizenship on firms’ outcomes. Research in International Business and Finance, 67. https://doi.org/10.1016/j.ribaf.2023.102076
Anwar, D. F. (2023). Indonesia’s hedging plus policy in the face of China’s rise and the US-China rivalry in the Indo-Pacific region. Pacific Review, 36(2). https://doi.org/10.1080/09512748.2022.2160794
Ardianto, D., & Rivandi, M. (2018). Universitas Bung Hatta, 2) Sekolah Tinggi Ilmu Ekonomi KBP (Vol. 11, Nomor 2). http://publikasi.mercubuana.ac.id/index.php/profita
Chi, G., Huang, X., Zhou, Y., & Guo, X. (2023). Discriminating the default risk of small enterprises: Stacking model with different optimal feature combinations. Expert Systems with Applications, 229. https://doi.org/10.1016/j.eswa.2023.120494
Faisal, F., Abidin, Z., & Haryanto, H. (2021). Enterprise risk management (ERM) and firm value: The mediating role of investment decisions. Cogent Economics and Finance, 9(1). https://doi.org/10.1080/23322039.2021.2009090
Farrell, M., & Gallagher, R. (2019). Moderating influences on the ERM maturity-performance relationship. Research in International Business and Finance, 47. https://doi.org/10.1016/j.ribaf.2018.10.005
Hermanto, Y. B., Lusy, L., & Widyastuti, M. (2021). How financial performance and state-owned enterprise (Soe) values are affected by good corporate governance and intellectual capital perspectives. Economies, 9(4). https://doi.org/10.3390/economies9040134
Nahar, S., & Azim, M. I. (2023). Executives’ perceptions of risk management disclosures and its determinants: a developing country perspective. Journal of Accounting in Emerging Economies, 13(1). https://doi.org/10.1108/JAEE-04-2020-0090
Nurwulandari, A., Hasanudin, H., Subiyanto, B., & Pratiwi, Y. C. (2022). Risk Based bank rating and financial performance of Indonesian commercial banks with GCG as intervening variable. Cogent Economics and Finance, 10(1). https://doi.org/10.1080/23322039.2022.2127486
Phillips, S., Thai, V. V., & Halim, Z. (2019). Airline Value Chain Capabilities and CSR Performance: The Connection Between CSR Leadership and CSR Culture with CSR Performance, Customer Satisfaction and Financial Performance. Asian Journal of Shipping and Logistics, 35(1). https://doi.org/10.1016/j.ajsl.2019.03.005
Schaefer, S. D., Terlutter, R., & Diehl, S. (2020). Talking about CSR matters: employees’ perception of and reaction to their company’s CSR communication in four different CSR domains. International Journal of Advertising, 39(2). https://doi.org/10.1080/02650487.2019.1593736
Shofiani, M., Wahyuni Astuti, S. W., & Saputri, N. A. (2022). Pengaruh Pengungkapan Corporate Social Responsibility dan Enterprise Risk Managemen terhadap Nilai Perusahaan (Studi Empiris pada Perusahaan Manufaktur tahun 2020). Ekonomi, Keuangan, Investasi dan Syariah (EKUITAS), 4(2), 412–419. https://doi.org/10.47065/ekuitas.v4i2.1979
Venturelli, V., Pedrazzoli, A., Pennetta, D., & Gualandri, E. (2024). Pinkwashing in the banking industry: The relevance of board characteristics. Research in International Business and Finance, 67. https://doi.org/10.1016/j.ribaf.2023.102111
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Julia Loviana Pratiwi, Zaenal Abidin

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).