PENGARUH GOOD CORPORATE GOVERNANCE DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN

Abstract

The research aimed to examine the effect of good corporate governance and profitability on the firm value. While, good corporate governance was measured by institusional ownership and managerial ownership, profitability was measured by price to book value of food and beverages compenies which were listed on Indonesia Stock Exchange. The research was quantitative. The data collection technique used purposive sampling, in which the sample was based on criteria given. In line with, there were 6 samples from 18 food and beverages compenies which were lised on Indonesia Stock Exchange 2013-2017. Moreover, the data analysis technique used multilpelinear regression with SPSS (Statistic Package for the Social Science) 25. The research result concluded good corporate governance which was measured by institusional ownership had insignificant effect on the firm value. Likewise, institusional ownership had insignificant effect on the firm value. In addition, profitability which was measured by return on asset and return on equity had insignificant effect on the firm value.
Keywords: good corporate governance, profitability, firm value