PENGARUH GOOD CORPORATE GOVERNANCE, PROFITABILITAS, DAN LEVERAGE TERHADAP NILAI PERUSAHAAN

Abstract

This study aims to analyze the effect of independent commissioners, managerial ownership, board of commissioners, profitability and leverage on firm value in banking companies listed on the Indonesian Stock Exchange for the period 2016-2019. This type of research is quantitative research. While the object under study is the banking companies listed on the Indonesia Stock Exchange, totaling 45 companies. Based on the purposive sampling technique, a sample of 33 banking companies was obtained. The data analysis technique used multiple linear regression with hypothesis testing using the t test. The results showed that the good corporate governance mechanism through the presence of independent commissioners had no effect on firm value. Good corporate governance mechanism through the existence of managerial ownership has no effect on firm value. Good corporate governance mechanism through the existence of a board of commissioners has an effect on firm value. Profitability as measured by return on assets has an effect on firm value. Leverage as measured by debt to equity ratio has no effect on firm value.
Keywords: good corporate governance, profitability, leverage, firm value