PENGARUH GOOD CORPORATE GOVERNANCE DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to find out and examine empirically whether the firm value was afected by the
variables of managerial ownership, institutional owmership, audit commitee, independent
commisionaires board for Good Corporate Governance, also dividend policy. The objective was to
gain knowledge and insight related to Good Corporate Governance and dividend policy in affecting the
firm value. The research was quantitative. Furthermore, the data collection used purposive sampling
The population was banking companies listed on the Indonesia Stock Exchange (IDX during 2018-
2021). In line with that,there were 15 companies as a sample with a total observation data of 60.
Moreover, the data were taken from the website idx.co.id. Additionally, the data analysis technique
used multiple linear regressions. The result showed that managerial owmership had a negative effect
on the firm value. Likewise, institutional ownership had a negative effect on the firm value. Similarly,
the audit committee had a negative efect on the firm value. On the other hand, independent
commissionaires board had a positive effect on the firm value. However, the dividend policy did not
affect the firm value.