The Influence of Enterprise Risk Management (ERM) on Company Value

Nuuruddunya Karunia; Hariyati

doi:10.31538/mjifm.v5i2.452

The Influence of Enterprise Risk Management (ERM) on Company Value

Authors

Nuuruddunya Karunia Universitas Negeri Surabaya, Surabaya, Indonesia
Hariyati Universitas Negeri Surabaya, Surabaya, Indonesia

DOI:

https://doi.org/10.31538/mjifm.v5i2.452

Keywords:

Enterprise Risk Management, Firm Value, Managerial Ownership, Company Age, Company Size

Abstract

This study aims to analyze the effect of Enterprise Risk Management (ERM) on firm value. The sample consisted of companies in the transportation and warehousing, service, and food and beverage subsectors in 2023, with a total of 100 observations. Hypothesis testing used multiple regression analysis. The results indicate that ERM has a positive effect on firm value. This research has implications for companies and policies that support ERM disclosure so that it can function optimally in increasing firm value.

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Published

2025-08-01

How to Cite

Karunia, N., & Hariyati. (2025). The Influence of Enterprise Risk Management (ERM) on Company Value. Majapahit Journal of Islamic Finance and Management, 5(2), 2107–2122. https://doi.org/10.31538/mjifm.v5i2.452