Green Economics: International Journal of Islamic and Economic Education
Vol. 2 No. 4 (2025): Green Economics: International Journal of Islamic and Economic Education

The Effect of Company Size and Good Corporate Governance Overance on Company Value

Ayu Tri Aryati (Unknown)
Ira Septriana (Unknown)
Nila Tristiarini (Unknown)



Article Info

Publish Date
10 Nov 2025

Abstract

This study aims to determine and analyze the effect of company size and Good Corporate Governance (Institutional Ownership, Independent Board of Commissioners, and Audit Committee) on Company Value in energy sector issuers listed on the Indonesia Stock Exchange (IDX) for the 2021–2024 period. The research method applied in this study is a quantitative approach using secondary data obtained from company annual reports. The population includes energy companies operating in the Oil, Gas, and Coal sub-sectors. The sample was determined through purposive sampling, resulting in 60 data observations consisting of 15 companies over four consecutive years. The analytical technique employed utilizes SPSS software version 55 with multiple linear regression analysis to examine the relationships among variables. The results indicate that company size significantly influences company value. Good corporate governance proxied by institutional ownership shows a negative effect on firm value, while independent commissioners and audit committees have no significant effect. Simultaneous findings confirm that company size and good corporate governance together influence firm value.

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Journal Info

Abbrev

GreenEconomics

Publisher

Subject

Economics, Econometrics & Finance

Description

Green Economics: International Journal of Islamic and Economic Education; This a journal intended for the publication of scientific articles published by International Forum of Researchers and Lecturers This journal contains studies in the fields of Islamic and Economic Education, both theoretical ...