PENGARUH GOOD CORPORATE GOVERNANCE DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SEKTOR PERTAMBANGAN

Abstract

This research aimed to find out the effect of Good Corporate Governance and profitability on the firm value. The good corporate governance was measured by managerial ownership, independent commissionaire, independent commissionaire, and audit committee. While profitability was measured by Return On Assets (ROA). The research was quantitative. Moreover, the population was mining companies listed on the Indonesia Stock Exchange during 2018-2021. The collection technique used purposive sampling. In line with that, there were 15 companies as the sample. Moreover, the data were taken for 4 periods (2018-2021). In total, there was 60 observation data. Based on the calculation result, there were 14 data outliers that were found which cause abnormal data. Therefore, the total data samples became 46. Additionally, the data were secondary in the annual reports and financial reports. In addition, the data analysis techniques used multiple linear regression with SPSS 25. The result indicated that managerial ownership had a positive and significant effect on firm value. Likewise, the independent commissionaire had a positive and significant effect on firm value. Similarly, the audit committee had a positive and significant effect on firm value. Likely, profitability had a positive and significant effect on firm value.