Buletin Poltanesa
Vol 26 No 1 (2025): June 2025

The Effect of Good Corporate Governance on The Value of IDX 30 Companies Listed on The Indonesia Stock Exchange

Awvada, Nida (Unknown)
Espa, Vitriyan (Unknown)
Fahmi, Muhammad (Unknown)
Helmi, Syarif M (Unknown)
Dosinta, Nina Febriana (Unknown)



Article Info

Publish Date
05 Jun 2025

Abstract

This study aims to examine the influence of Good Corporate Governance (GCG) on firm value in companies listed in the IDX30 index on the Indonesia Stock Exchange. The background of this research stems from the growing importance of GCG implementation, particularly after the 1997 Asian financial crisis, where internal issues such as weak institutional supervision and poor investment decisions were identified. The study adopts a quantitative approach, utilizing secondary data from annual reports and financial statements of IDX30 companies. Analytical methods include classical assumption tests and multiple regression analysis to determine the effect of GCG variables such as board of commissioners, independent commissioners, audit committee, and institutional ownership on firm value. The results show that GCG practices significantly affect firm value. This finding reinforces the notion that good governance practices enhance transparency, accountability, and stakeholder trust, which are critical in boosting the company's market performance and attractiveness to investors.

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Journal Info

Abbrev

tanesa

Publisher

Subject

Agriculture, Biological Sciences & Forestry Computer Science & IT Education

Description

Buletin Poltanesa is a collection of research articles, scientific works, and dedication from all academic community in order to integrate information. Buletin Poltanesa provides open publication services for all members of the public, both in all tertiary educational and teacher environments and ...