The Influence of Corporate Risk Management Disclosure, Intellectual Capital Disclosure, and Corporate Governance on Firm Value in Banking Companies on the Indonesia Stock Exchange

Annisa Keumala Dewi; Fazli Syam BZ; Fifi Yusmita

doi:10.55927/jfbd.v4i1.85

Authors

Annisa Keumala Dewi Fakultas Ekonomi dan Bisnis, Universitas Syiah Kuala
Fazli Syam BZ Fakultas Ekonomi dan Bisnis, Universitas Syiah Kuala
Fifi Yusmita Fakultas Ekonomi dan Bisnis, Universitas Syiah Kuala

DOI:

https://doi.org/10.55927/jfbd.v4i1.85

Keywords:

Corporate Risk Management Disclosure, Intellectual Capital Disclosure, Corporate Governance, Firm Value

Abstract

This research investigates the impact of corporate risk management disclosure, intellectual capital disclosure, and corporate governance on company value. This study employs secondary data, concentrating on banking companies listed on the Indonesia Stock Exchange (IDX) that issued annual reports between 2019 and 2023. The total population consists of 47 banking firms, with a selected sample of 42 companies, resulting in 210 observations over a five-year period. The data analysis includes descriptive statistics, classical assumption tests, and multiple regression analysis. Hypothesis testing is performed using the coefficient of determination (R² test), the simultaneous regression test (F-test), and the individual parameter significance test (t-test). The findings reveal that corporate risk management disclosure negatively affects firm value, whereas intellectual capital disclosure and corporate governance have a positive impact on firm value.

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