The Effect of Good Corporate Governance, Investment Opportunity Set, and Free Cash Flow on the Earnings Quality and the Firm Value (Property Sector and Real Estate) During the Covid-19 Pandemic
- 10.2991/978-2-494069-83-1_116How to use a DOI?
- Good Corporate; Governance; Investment Opportunity Set; Free Cash Flow; Earnings Quality; Firm value
This study aims to determine the effect of GCG, IOS and FCF on the quality of company profit and value during the Covid-19 pandemic. With the increasing number of investors, the investment and the growth in real estate sector industry properties will increase. This research used basic research with a quantitative approach. The population in this study was real estate and property companies listed on the Indonesia Stock Exchange (IDX) in 2020–2021 and it used the purposive sampling method. The data type used in this research was secondary data. The data analysis techniques were statistical test equipment with the analysis stages in this study was started from descriptive statistical analysis, classical assumption test, and hypothesis testing. The research hypothesis test used multiple linear regressions’ test without moderation and multiple regressions test that included moderating variables by multiple regression analysis techniques. The results showed that the variable Good corporate governance, which are independent commissioner’s board and managerial ownership had a significant negative effect on earnings quality however free cash flow had a significant positive effect on earnings quality. While the variables of audit committee, institutional ownership, and investment opportunity set and leverage didn’t have significant effect on earnings quality. The SIZE’s variable strengthened the relationship between earnings quality and firm value.
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TY - CONF AU - Wilsna Rupilu AU - Eugenia Hendrini P. Tanan PY - 2022 DA - 2022/12/30 TI - The Effect of Good Corporate Governance, Investment Opportunity Set, and Free Cash Flow on the Earnings Quality and the Firm Value (Property Sector and Real Estate) During the Covid-19 Pandemic BT - Proceedings of the International Conference on Applied Science and Technology on Social Science 2022 (iCAST-SS 2022) PB - Atlantis Press SP - 665 EP - 673 SN - 2352-5398 UR - https://doi.org/10.2991/978-2-494069-83-1_116 DO - 10.2991/978-2-494069-83-1_116 ID - Rupilu2022 ER -