Abstract :

This study aims to determine, analyze and test the Influence of Financial Performance on Company Value with Good Corporate Governance as a Moderating Variable Empirical Study on Commercial Banks Listed on the Indonesia Stock Exchange 2019-2023. The Financial Performance includes the Loan to Deposit Ratio (LDR), Capital Adequacy Ratio (CAR), and Return on Assets (ROA). The company value in this study is proxied by PBV (Price to Book Value) The method used in this study is a quantitative method that uses secondary data with documentation studies in the form of financial reports of Conventional Commercial Banks that have been published through the Indonesia Stock Exchange website, namely http://www.idx.co.id, the Financial Services Authority http://www.ojk.go.id, and the website of the related bank. The population in this study were all Commercial Banks listed on the Indonesia Stock Exchange. The sampling technique in this study used purposive sampling, so that a sample of 30 Banks was obtained. This study uses multiple linear regression analysis and MRA (Moderated Regression Analysis) regression test processed using Statistical Package for Social Science (SPSS) 26. The results of this study indicate that LDR has a significant effect on PBV, CAR has a significant effect on PBV, ROA has a significant effect on PBV, GCG is able to moderate the relationship between LDR and PBV, GCG is unable to moderate the relationship between CAR and PBV, GCG is unable to moderate the relationship between ROA and PBV. In practice, this study is expected to provide information for banks, especially for banking management in determining policies and in making strategies and planning to continue to improve the quality of bank performance, so that it can improve performance assessment and investment potential.

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Keywords :

Loan to Deposit Ratio (LDR), Capital Adequacy Ratio (CAR), dan Return on Assets (ROA).

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