PENGARUH CORPORATE GOVERNANCE DAN KONEKSI POLITIK TERHADAP NILAI PERUSAHAAN

Abstract

One of the information used by investors in making investment decisions is information on company value. The purpose of this study was to determine the effect of corporate governance and political connections on firm value in manufacturing companies that went public in 2017-2019. The population in this study were 178 manufacturing companies that went public in 2017-2019. The sample analysis technique used is purposive sampling technique, namely the technique of determining the sample with certain considerations with a sample size of 126 companies. The data analysis technique used is multiple linear regression analysis. The test results show that public share ownership and the audit committee have a positive effect on firm value in manufacturing companies that go public in 2017-2019 while audit quality and political connections have no effect on firm value in manufacturing companies that go public in 2017-2019. Further research can develop this research by using other variables which theoretically have an influence on firm value such as financial ratios, share ownership structure, company size and corporate social responsibility.