Determinants of Enterprise Risk Management and Managerial Ownership on Firm Value with Profitability as a Mediating Variable (Studies in the Food And Baverages Industry Sector Listed On The Indonesia Stock Exchange In 2018-2021)
Determinan Enterprise Risk Management dan Kepemilikan Manajerial terhadap Nilai Perusahaan dengan Profitabilitas sebagai Variabel Mediasi (Studi Pada Perusahaan Manufaktur Sektor Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Tahun 2018-2021)
DOI:
https://doi.org/10.21070/ups.908Keywords:
Enterprise Risk Management, Managerial Ownership, Firm Value, ProfitabilityAbstract
This study to examine the effect Enterprise Risk Management dan managerial ownership on firm value with profitability as a mediating variable. this research is a quantitative study using the logistic reggresiob method using the spss 26. the data used in this study is secondary data abtained from company publications. determination of the sample by purposive sampling method based on the specified criteria. the object of this study used food and baverages companies lised on the idx for 2018-2021. The research result concluded as follow; ERM have an effect on firm value, managerial ownership and profitability has no significant effect on firm value, Erm has no significant effect on profitability, managerial ownership have an effect on profitability, profitability is able to mediate the effect of erm on firm value, and profitability is unable to mediate the effect of managerial ownership on firm value.
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