PENGARUH GOOD CORPORATE GOVERNANCE, KEBIJAKAN DIVIDEN DAN KEBIJAKAN HUTANG TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of good corporate governance, devidend policy, and debt policy on the banking firm value on listed on The Indonesia Stock Exchange (IDX). Good Corporate Governance measured by board of independent commisionaire, audit commitee, managerial ownership and institutional ownership. Furthermore, dividen policy meausred by Dividend Payout Ratio (DPR). Meanwhile, devidend policy measured by Debt to Equity Ratio (DER). Moreover, firm value used Price Book Value (PBV). This research was quantitative. There was 47 banking companies listed on The Indonesia Stock Exchange (IDX). The purposive sampling method used sample determination technique with determined criteria given. Moreover, the research population used banking company listed at The Indonesia Stock Exchange (IDX) during 2017-2020 with 10 companies sample. The research method used multiple linear regressions with SPSS 26 application. The research result showed that independent commisionaires had positive and insignificant effect. On the other hand, the institutional ownership had a negative and significant effect. Also, managerial ownership and debt policy had a positive and significant on the banking firm value in the banking firm value in the 2017-2020.