Jurnal RAK (Riset Akuntansi Keuangan)
Vol 6, No 1 (2021): April 2021

THE INFLUENCE OF PROFITABILITY, LEVERAGE AND GOOD CORPORATE GOVERNANCE ON COMPANY VALUE

Ermia Puspaninggiri (STIE Surakarta)



Article Info

Publish Date
02 Sep 2021

Abstract

This study aims to find empirical evidence of the influence between variables,namely profitability, leverage, and good corporate governance (auditcommittee, institutional ownership) on firm value. The number of samplesused are 14 food and beverage sector manufacturing companies listed on theIDX in the 2017 – 2019 period and a total of 168 data. The secondary dataselected were obtained from the financial statements of companies listed onthe IDX. Purposive sampling method (sampling technique selected randomly)was used to collect samples. The data was processed by multiple regressionanalysis with SPSS 23 for windows by looking at the results of descriptivestatistical analysis, classical assumption testing and hypothesis testing with ttest and F test. Based on the research conducted, the result is that profitabilityhas a positive and significant effect on firm value. Meanwhile, Leverage, auditcommittee, and institutional ownership have no effect on firm value.

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