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Article . 2022
License: CC BY
Data sources: ZENODO
Journal of Economics and Business
Article . 2022 . Peer-reviewed
Data sources: Crossref
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Influence of Capital on Firm Value Through Enterprise Risk Management in Banking

Authors: Dewi Kartikasari; Fatchan Ahyani; Zulfikar;

Influence of Capital on Firm Value Through Enterprise Risk Management in Banking

Abstract

This study aims to prove and analyze empirically how capital affects firm value and interaction that happened between capital and corporate risk management affects firm value. The hypothesis of this study relates to the effect of capital on firm value at banking companies in Indonesia, and the second hypothesis relates to the effect of capital on corporate risk management at banking companies in Indonesia. The results of statistical analysis for testing the fourth hypothesis are obtained that regression coefficient value is -0.079, and t-count value is -1.510 with a significance value is 0.133, which is greater than the error tolerance set at 0.05. It shows that capital does not have significant effect on firm value in banking companies listed on the IDX for the 2016-2020 period. While the results of statistical analysis for testing the ninth hypothesis obtained a regression coefficient value is 0.213 and t-count value is 2,453 with a significance value is 0.016, which is smaller than the error tolerance set at 0.05. It shows that interaction between capital and enterprise risk management has a significant effect on firm value in banking companies listed on the IDX for the 2016-2020 period.

Keywords

Capital, Enterprise Risk Management, Firm Value

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average