eprintid: 9079 rev_number: 6 eprint_status: archive userid: 11 dir: disk0/00/00/90/79 datestamp: 2024-09-05 04:48:41 lastmod: 2024-09-05 04:48:41 status_changed: 2024-09-05 04:48:41 type: article metadata_visibility: show contact_email: repository@staff.ukdw.ac.id creators_name: , Pande Rahayu Trisna Utami creators_name: , Ari Christianti title: GOVERNANCE AND PROFITABILITY IN VALUE OF FAMILY COMPANIES IN THE MANUFACTURING SECTOR ispublished: pub subjects: JA divisions: fak_bisnis full_text_status: public keywords: Audit Committee Size; ROA; Size of the Board of Directors; Tobin’s Q abstract: The general purpose of the companies are to increase their value. The value is important because it reflects investors' perceptions of the company's performance. This study aims to examine the effect of the size of the board of directors, the size of the audit committee, and ROA (Return on Assets) on Tobin's Q. The sample used in this research is family companies that categorize in the Manufacturing sectoral from 2015-2019. The results showed that profitability had a positive effect on firm value. However, the size of the board of directors has a negative effect on firm value. It is possible that a smaller board of directors may be more active in coordinating and communicating than a larger number of directors. In addition, a more limited number of directors can improve company performance because consensus in decision making and communication becomes more effective. date: 2023-06 publication: Jurnal Manajemen dan Bisnis volume: 10 number: 1 publisher: University of Merdeka Malang pagerange: 37-44 refereed: TRUE issn: 1829-7528 funders: ari@staff.ukdw.ac.id citation: Pande Rahayu Trisna Utami and Ari Christianti (2023) GOVERNANCE AND PROFITABILITY IN VALUE OF FAMILY COMPANIES IN THE MANUFACTURING SECTOR. Jurnal Manajemen dan Bisnis, 10 (1). pp. 37-44. ISSN 1829-7528 document_url: https://katalog.ukdw.ac.id/9079/1/Governance%20and%20Profitability.pdf