PENGARUH KOMISARIS INDEPENDEN, RISK MANAGEMENT COMMITTEE DAN KONSENTRASI KEPEMILIKAN TERHADAP PENGUNGKAPAN MANAJEMEN RISIKO DAN DAMPAKNYA PADA NILAI PERUSAHAAN (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2014-2016)

Abstract

This study aims to examine the direct influence of independent commissioners, risk
management committee and ownership concentration on firm value, and indirect testing
of independent commissioners, risk management committee and ownership concentration
on firm value through mediating variables, namely risk management disclosures. Samples
were taken using Purposive sampling method. The total population is 144 and the sample
is 109 manufacturing companies listed on the Indonesia Stock Exchange in 2014-2016.
The method used in this study is a descriptive varificative method using secondary data
obtained from annual reports and company financial statements. Hypothesis
measurement using path analysis with PLS (Partial Least Squere) software. The results of
the study show that the direct influence: (1) independent commissioners, concentration of
ownership and disclosure of risk management influence the value of the company, while
the risk management committee does not affect the value of the company. (2) ownership
concentration affects risk disclosure disclosure, while independent commissioners and
risk management committees have no effect on risk management disclosures. For indirect
effects, it shows that independent commissioners, risk management committees and
ownership concentration do not affect the value of the company through risk management
disclosures.
Keywords : Corporate Value, Risk Management Disclosure, Independent
Commissioner, Risk Management Committee and Concentration of
Ownership