Authors :
Ivit Iqrasari; Mediaty; Hamid
Volume/Issue :
Volume 5 - 2020, Issue 12 - December
Google Scholar :
http://bitly.ws/9nMw
Scribd :
https://bit.ly/37hAkbW
Abstract :
This study aims to examine and analyze the
effect of political connection, intellectual capital on firm
value with corporate governance as a moderating
variable. The population of this study is all state-owned
companies listed on the Indonesia Stock Exchange for
the 2017-2019 period, there are 24 companies. The
sample selection technique used was purposive sampling.
Total observations for 3 years as many as 72 company
financial reports met the purposive sampling criteria so
that all populations were sampled. The results showed
that: first, political connection has a negative effect on
firm value. Second, intellectual capital has a positive
effect on firm value. Third, corporate governance has a
significant effect in moderating the political connection
to firm value. Fourth, corporate governance has a
negative regression coefficient in moderating intellectual
capital to firm value
This study aims to examine and analyze the
effect of political connection, intellectual capital on firm
value with corporate governance as a moderating
variable. The population of this study is all state-owned
companies listed on the Indonesia Stock Exchange for
the 2017-2019 period, there are 24 companies. The
sample selection technique used was purposive sampling.
Total observations for 3 years as many as 72 company
financial reports met the purposive sampling criteria so
that all populations were sampled. The results showed
that: first, political connection has a negative effect on
firm value. Second, intellectual capital has a positive
effect on firm value. Third, corporate governance has a
significant effect in moderating the political connection
to firm value. Fourth, corporate governance has a
negative regression coefficient in moderating intellectual
capital to firm value