Good financial performance of the company is the primary consideration by investors in making investment
decisions.
Improved financial performance is expected to increase
the firm
value, so that the higher
financial performance, the higher the firm value. The firm value for investors and creditors are very important
and they are increasingly selective in investing or providing credit to the
company.Therefore accurate information about the condition of the company is needed, one of them by Internet Financial
Reporting (IFR). The
disclosure of financial information in the IFR will give
a good or bad signal to investors, so that investors are
interested and believe to invest their fortune to the
company. The purpose of this study was to analyze the effect of the financial
performance on
firm value moderated by Internet Financial Reporting (IFR.). The
populations were the entire manufacturing companies listed in Indonesia Stock
Exchange in 2014-2015. The sampling technique used purposive sampling and
selected 92 companies. The data were analyzed using descriptive statistical
analysis and Structural Equation Modeling using Partial Least Squares (PLS-SEM). The results showed that IFR capable of strengthening the effect of financial performance on firm value. When the company use IFR to transfer positive signal to the
investors, and they responded positively by invest into the company, so the
effect of financial performance on firm value becomes stronger. The results of this study indicated that IFR in Indonesia has able to provide the benefits in transferring the company's positive signal
to investors.
Further research can use different types
of company due to obtain a more real description.
financial performance internet financial reporting firm value
Bölüm | Makaleler |
---|---|
Yazarlar | |
Yayımlanma Tarihi | 30 Nisan 2017 |
Gönderilme Tarihi | 28 Nisan 2017 |
Yayımlandığı Sayı | Yıl 2017Cilt: 3 Sayı: 7 |
Contact: ijasosjournal@hotmail.com
The IJASOS Journal's site and its metadata are licensed under CC BY
Published and Sponsored by OCERINT International © 2015-2024