PENGARUH PENERAPAN GOOD CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of Good Corporate Governance implementation which consisted of
managerial ownership, institutional ownership, independent commissioner, board of directors, and audit
committee on the firm value of Mining companies listed on the Indonesia Stock Exchange (IDX) during 2020-
2022. The research was quantitative. Moreover, the data collection technique used purposive sampling. In line
with that, there were 24 mining companies listed on IDX during 2020-2022. Furthermore, the data were
secondary. The data analysis technique used multiple linear regression with SPSS (Statistical Product and Service
Solution). After having statistical analysis, the result concluded that (1) managerial ownership had a positive
effect on the firm value of Mining companies, (2) institutional ownership had a negative effect on the firm value
of Mining compantes, (3) independent commissioner did not affect the firm value of Mining companies, (4) board
of directors did not affect the firm value of Mining companies, and (5) audit committee had a positive effect on the
firm value of Mining companies.