Factor Affecting Firm Value During The Covid- 19 Pandemic
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This study aims to determine the effect of funding decisions, investment decisions and financial performance on firm value through the mechanism of good corporate governance. The number of samples used in this study are 21 property and real estate sub-sector companies obtained by purposive sampling method during the research period for 2 years from 2020 to 2021.Testing the hypothesis analysis using Partial Least Square (PLS).
The results of the hypothesis test show that funding decisions have a positive effect on the good corporate governance mechanism. Investment decisions and financial performance have no effect on the good corporate governance mechanism. Funding decisions, investment decisions and financial performance have no effect on firm value. The mechanism of good corporate governance has a positive effect on firm value. Good corporate governance mechanisms are not able to mediate the relationship between funding decisions, investment decisions and financial performance on firm value.
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