@article{article_309685, title={FINANCIAL PERFORMANCE AND FIRM VALUE: DOES INTERNET FINANCIAL REPORTING MODERATE THE RELATIONSHIP IN INDONESIAN MANUFACTURING COMPANIES?}, journal={IJASOS- International E-journal of Advances in Social Sciences}, volume={3}, pages={263–267}, year={2017}, DOI={10.18769/ijasos.309685}, url={https://izlik.org/JA48SE46FA}, author={Agustina, Linda and Suryandari, Dhini}, keywords={financial performance,internet financial reporting,firm value}, abstract={<p class="MsoListParagraph" style="margin-top:6pt;margin-right:0cm;margin-bottom:6pt;margin-left:0cm;text-align:justify;line-height:normal;"> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en">Good financial performance of </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">the </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en"> company is the primary consideration by investors in making investment
decisions </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">. </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en">Improved financial performance is expected to increase
the </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">firm </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en">value, </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">so that </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en"> the higher
financial performance, the higher the </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in"> firm </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en">value. The </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">firm </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en"> value </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">for </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en"> investors and creditors </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">are </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en"> very important
and they are increasingly selective in investing or providing credit to the
company. </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">Therefore </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en"> accurate information about the condition of the company </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in"> is needed </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en">, one of them </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">by </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en"> Internet Financial
Reporting (IFR). </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">The </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en">disclosure of financial information in the IFR will give
a good or bad signal to investors </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">, </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en"> so that investors are
interested and believe to invest </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">their </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en"> fortune to the
company. The purpose of this study was to analyze the effect of the financial
performance o </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">n
firm value </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en"> moderated by Internet Financial Reporting (IFR.). </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">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). </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en">The results </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">showed that </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en"> IFR capable of strengthening the </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">effect </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="en"> of financial performance o </span> <span lang="in" style="font-size:10pt;font-family:Arial, ’sans-serif’;" xml:lang="in">n </span> <span lang="en" style="font-size:10pt;font-family:Arial, ’sans-se}, number={7}