ANALISIS PENGARUH MEKANISME CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI

Abstract

ABSTRACT 

This study aims to determine the mechanism of good corporate governance on company value. Where as an independent variable this research is in the form of institutional ownership, managerial ownership, independent board of commissioners, audit committee and the sie of the board of directors. The dependent variable in this study in firm value. This study uses research objects of manufacturing companies listed on the Indonesia Stock Exchange for the priod 2015-2017. Determination of the sample by pusposive sampling, so that there were 26 companies to be sampled.

The data analysis method used is descriptive statistics, normality test, classic assumption test, multicollinearity test, autocorrelation test, heterocedasticity test, and hypothesis testing (multiple linear analysis, F test, Coefficient of determination test, t test). The results of this research are institutional ownership, audit committee, the size of the board of directors has a significant effect on firm value. While managerial ownership, the independent board of commissioners does not affect the value of the company.

 

Keywords: Institutional Ownership, Managerial Ownership, Independent Board of Commissioners, Audit Committee, Board of Directors Size, Corporate Value