PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of institutional ownership, managerial ownership, independent
commissioners, and audit committees on firm value. The research was quantitative. Moreover, the population
was all Transformation and Logistics companies that were listed on the Indonesia Stock Exchange (IDX) during
2019-2022. The data were secondary in the form of annual reports and financial statements published by the
official website of the Indonesia Stock Exchange (IDX). Furthermore, the data collection technique used
purposive sampling, in which the sample was based on the criteria given. In line with that, there were 40
Transformation and Logistics companies as the sample. Additionally, the data analysis technique used multiple
linear regression analysis. The result showed that both institutional ownership and managerial ownership
affected the firm value of Transformation and Logistics companies. On the other hand, independent
commissioners, as well as audit committees, did not affect the firm value Transformation and Logistics
companies.