Journal of Business Management and Economic Development
Том 3 № 01 (2025): January 2025

The Influence of Good Corporate Governance on Company Value in Registered State-Owned Companies on the Indonesian Stock Exchange

Kurniawan, Rhesi (Unknown)
Abidin, Zaenal (Unknown)



Article Info

Publish Date
01 Jan 2025

Abstract

One of the company's goals is to increase the welfare or maximize the wealth of shareholders through increasing company value. Company value can be influenced by several factors, including the number of company assets and how long the company has been established and also through good corporate governance. The internal elements of good corporate governance used in this research include institutional ownership and managerial ownership. Sampling using non-probability sampling obtained a sample of 20 companies so that the research data amounted to 100. The data collection technique used documentation from financial reports published on the official website of the Indonesia Stock Exchange, namely www.idx.co.id. The analysis techniques used are descriptive analysis, classical assumption test, panel data regression model, panel data regression analysis, partial test (t test), simultaneous test (f test), and coefficient of determination test (r2). The results of this research indicate that institutional ownership has a significant influence on company value. Managerial ownership has a significant and influential effect on company value. Then overall institutional ownership and managerial ownership influence company value.

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Journal Info

Abbrev

jbmed

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences Other

Description

Journal of Business Management and Economic Development (JBMED) is an international academic open-access journal that has gained a foothold in Indonesia, Asia and is open to the world. It aims to promote the integration of trade, economics, and finance. The focus is to publish papers on ...