PENGARUH GOOD CORPORATE GOVERNANCE, LEVERAGE, DAN UKURAN PERUSAHAN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of Good Corporate Governance Mechanisms, Leverage, and Firm Size on Firm Value. The Good Corporate Governance Mechanisms were measured by Independent Commissioner, Leverage was measured by Debt to Equity Ratio (DER), and Firm Size was measured by Size. Moreover, the Firm Value was measured by Price to Book Value (PBV). The research was quantitative. The population was Food and Beverage companies listed on the Indonesia Stock Exchange (IDX). Furthermore, the data collection technique used purposive sampling. In line with that, there were 47 companies as the sample. The data were taken for 4 years (2019- 2022). In total, there were 188 data samples. Additionally, the data analysis technique used multiple linear regression with SPSS. The result showed that Good Corporate Governance Mechanisms had a negative effect on Firm Value. However, Leverage had a positive effect on Firm Value. Likewise, Firm Size had a positive effect on Firm Value.