Currently, there are many cases of unclear child identity status, such as for adopted children. The importance of a birth certificate issued immediately after delivery is to provide the authentic identity details of the child, which are vital for establishing the child’s origin. Some key points regarding adopted children are that adoption does not sever the biological relationship between the child and their birth parents. An adopted child has the same rights as a biological child, such as having a birth certificate and being included in the Family Card. However, an adopted child does not inherit from their adoptive parents unless specified by a will or a mandatory will. Medical personnel are required to issue a birth certificate that reflects the actual circumstances, as this will impact the child's rights in the future. A birth certificate contains information such as the date, time, and place of birth, gender, weight, and the names of the parents. According to Law No. 35 of 2014, Article (1), an individual's identity must be established at birth, and Article (2) states that the identity is documented in a birth certificate. The state, government, society, family, and parents are all obligated to ensure the protection of children, as they are physically and psychologically vulnerable, immature, and still in need of protection.

This study aims to analyze the Effect of Financial Performance on Firm Value in Cosmetics Subsector Companies Listed on the Indonesia Stock Exchange in 2016-2020, partially or simultaneously the data used in this study from the financial statements of 6 companies from 7 cosmetics subsector companies published through website www.id.co.id for the period 2016 to 2020. The sampling technique in this study used a purposive sampling technique. The data was then analyzed using panel data regression through the Eviews 10 program.Based on the results of the classical assumption test, partial test and simultaneous test, it can be concluded that the results of the classical assumption test indicate that it is not eligible and there is no problem that the data is normally distributed and significant from the normality test, multicollinearity test and heteroscedasticity test. The partial test shows that the current ratio (CR) has no significant effect on price to book value (PBV), return on assets (ROA) has no significant effect on price to book value (PBV), debt to equity ratio (DER) has no significant effect. on price to book value (PBV), and total asset turnover (TATO) has a significant effect on price to book value (PBV),