The Impact of Capital Structure Towards Firm Performance Moderated by Corporate Governance in LQ-45 Company in BEI at 2013-2018

Angkasajaya, Gabby Markus and Mahadwartha, Putu Anom (2020) The Impact of Capital Structure Towards Firm Performance Moderated by Corporate Governance in LQ-45 Company in BEI at 2013-2018. In: The 2nd International Conference on Business and Banking Innovations (ICOBBI) 2020, 14 - 15 Agustus 2020, STIE Perbanas Surabaya.

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Abstract

This research’s goal is to analyze the impact of capital structure to firm financial performance moderated by corporate governance. There are several past research which showing different results, and there are some developments that used moderating variable in the research. This research uses quantitative approach with multi-ple linear regression. This research uses non-financial firms in LQ-45 which regis-tered in BEI within 2013-2018 as sample. This research shows that short-term debt to total asset negatively affects financial performance (ROA, ROE, and Tobin’s Q). Long-term debt to total asset doesn’t affect ROA, but it positively affects ROE and Tobin’s Q. The number of BOD doesn’t moderate the impact of short-term debt to total asset on ROA and ROE. But, the number of BOD moderates the impact of shortterm debt to total asset on Tobin’s Q and it moderates the impact of long-term debt to total asset on financial performance (ROA, ROE, and Tobin’s Q). The number of BOC moderates the impact of short-term debt to total asset on financial performance (ROA, ROE, and Tobin’s Q). But, number of BOC doesn’t moderate long-term debt to total asset to financial performance (ROA, ROE, and Tobin’s Q).

Item Type: Conference or Workshop Item (Paper)
Subjects: 600 - TECHNOLOGY > 650 - 659 MANAGEMENT & PUBLIC RELATIONS > 658 - GENERAL MANAGEMENT > 658.15 - FINANCIAL MANAGEMENT
Divisions: ICOBBI (International Conference of Business and Banking Innovations)
Depositing User: Perpustakaan Universitas Hayam Wuruk Perbanas
Date Deposited: 19 Oct 2020 20:04
Last Modified: 19 Oct 2020 20:04
URI: http://eprints.perbanas.ac.id/id/eprint/6293

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