Pengaruh Struktur Kepemilikan Institusional dan Good Corporate Governance Terhadap Nilai Perusahaan

Namira Rachmarani, Imas Purnamasari, Iqbal Lhutfi

Abstract


This study aims to describe the effect of ownership structure and GCG on the value of manufacturing companies listed on the Indonesia Stock Exchange in 2012-2021. The method used in this study is a descriptive and verification method with a quantitative approach. The sample used is 40 manufacturing companies listed on the IDX. Sampling using purvosive sampling, research samples were taken from the population of financial statements of manufacturing sector companies listed on the official website on the Indonesia Stock Exchange for the period 2012-2021. In the study, the length of the study was 10 years so that 400 observation data were obtained. Data processing in this study using Eviews Software using Descriptive Statistical Analysis, Classical Assumption Test, Multiple Linear Regression Analysis and Hypothesis Testing using F Test and t Test. Based on the regression significance test (F test) the results show that the regression model can be used to draw conclusions, while based on the regression coefficient significance test (t test) the results in this study show that institutional ownership structure has an effect but is not significant on firm value, while good corporate governance has an effect on firm value. This means that the more companies improve good corporate governance within the company, the more management fraud will disappear which will reduce the value of the company

Keywords


Institutional Ownership Structure, Good Corporate Governance

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References


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