The Effect of Good Corporate Governance and Profitability on Company Value

Abstract

This study aims to determine the effect of Good Corporate Governance trough Managerial Ownership, Institutional Ownership and Profitability On Company Value empirical study of Coal Subsector Manufacturing companies listed on the Indonesia Stock Exchange. 35 samples were taken from 2016 to 2020 with annual data on managerial ownership, institutional ownership, ROA and PBV. Statistical methods taken in this study are multiple regression analysis, classical assumption test, descriptive statistical analysis, analysis of determination and hypothesis testing. From the results of this study, it is known that managerial ownership has an effect on Company Value, Institutional Ownership has no effect on Company Value, Profitability has an effect on Company Value. Managerial Ownership, Institutional Ownership and Profitability have an effect on Company Value.