文章基本信息

标题：HOW CORPORATE GOVERNANCE AND CASH HOLDINGS AFFECT EARNINGS QUALITY AND FIRM VALUE
本地全文：下载
作者：Tri Lestari ; Imam Abu Hanifah
期刊名称：Trikonomika
印刷版ISSN：1411-514X
电子版ISSN：2355-7737
出版年度：2020
卷号：19
期号：1
页码：16-21
DOI：10.23969/trikonomika.v19i1.1440
语种：English
出版社：Universitas Pasundan
摘要：This study analyzes the impact of corporate governance (CG) and cash holdings (CH) on earnings quality and the implication on firm value. We hypothesize that earnings quality mediate the impact of CG and CH on firm value. Banking sector was chosen as the object of research because this sector is quite vulnerable to the global financial crisis. The population consists of banking companies listed on the Indonesia Stock Exchange (IDX) in the period of 2013-2017. Data were analyzed by multiple regression models using SPSS software. The results show that CG and CH have a significant effect on earnings quality. But this influence shows the opposite direction of expectations. Banks with good CG have lower earnings quality,and banks with high CH show better earnings quality. Only CG that has a significant effect on firm value with negative direction. This study did not find the mediating effect from both variables.
关键词：self-assessment;corporate governance;cash holdings;firm value;earnings quality