The Effect Of Good Corporate Governance On Company Value With Financial Performance As An Intervening Variable For Subsector Metal And Mineral Companies Listed On Indonesian Stock Exchange Period 2016-2021

Abstract

This study aims to determine the effect of good corporate governance on firm value with financial performance as an intervention variable in metal and mineral mining sub-sector companies listed on the Indonesian stock exchange in 2016-2021. The population in this study are companies listed as metal and mineral mining sub-sector companies. This research was conducted by retrieving the company's financial data information that has been published by the company or the Indonesia Stock Exchange on its website with a quantitative method. The sample of this study used a purposive sampling method where the sampled companies had to meet complete data requirements from 2016 to 2021. In analyzing the research data using the SPSS version 25 application. The results of the study found that the influence of institutional ownership, managerial ownership, independent commissioners and returns on equity has a significant effect on firm value. Meanwhile, financial performance as an intervening variable cannot influence institutional ownership, managerial ownership, independent commissioners and audit committees on price-to-book value.