Authors : Fia Fauzia Burhanuddin; Gagaring Pagalung; R.A Damayanti
Volume/Issue : Volume 5 - 2020, Issue 9 - September
Google Scholar : http://bitly.ws/9nMw
Scribd : https://bit.ly/30jn4Q9
DOI : 10.38124/IJISRT20SEP611
We try to explain the role of enterprise risk
management as a moderation in increasing firm value
(empirical study on manufacturing companies that have
been listed on the Indonesia Stock Exchange (IDX) for
the period of 2016-2018. in this study are manufacturing
companies listed on the Indonesia Stock Exchange (BEI)
during the period 2016 to 2018. Samples using the
purposive sampling method, there are 14 companies as
samples.The analytical tool used is multiple linear
regression analysis with Moderated Regression Analysis
(MRA) which aims to analyze the influence of corporate
social responsibility (CSR), managerial ownership,
independent commissioners and audit committees on
firm value with enterprise risk management as a
moderating variable using SPSS v.22 software The
results of the study show evidence that: (1) Corporate
social responsibility sponsibility has a positive and
significant effect on firm value. (2) Managerial
ownership has a positive and significant effect on firm
value. (3) Independent commissioners have a positive
and significant effect on company value. (4) The audit
committee has a positive and significant effect on the
value of the company. (5) Enterprise risk management
is able to moderate the influence of corporate social
responsibility on corporate value. (6) Enterprise risk
management is able to moderate the influence of
managerial ownership on firm value. (7) Enterprise risk
management is able to moderate the influence of
independent commissioners on company value. (8)
Enterprise risk management is able to moderate the
influence of the audit committee on the company's
value.
Keywords : Corporate Social Responsibility, Managerial Ownership, Independent Commissioners, Audit Committee, Company Value, Enterprise Risk Management.