Analysis Of The Influence Of Company Size, Good Corporate Governance And Profitability On The Value Of Idx-30 Companies Listed On The Indonesian Stock Exchange
DOI:
https://doi.org/10.35870/jemsi.v9i6.1713Abstract
The purpose of this study is to determine whether a company's size, profitability, and level of corporate governance affect its overall value. The method that the researchers in this study have selected is called purposeful sampling. The IDX-30 enterprises that are listed on the Indonesia Stock Exchange comprise the population of this study. The data used in this study are secondary. Two methods are available to researchers for gathering the data for analysis: documentation and a review of existing literature. This study's analytical approach makes use of quantitative analysis methods that are handled by SPSS. This study employed traditional assumption test analysis, model testing, and hypothesis testing. The following conclusion can be drawn from the presented research results: The value of the corporation is unaffected by good corporate governance as demonstrated by independent commissioners. There is no correlation between management ownership and good corporate governance and the value of the company. There is no correlation between institutional ownership and good corporate governance and a company's worth. The ROA's projection of profitability affects the company's worth. The ROE's projection of profitability raises the value of the enterprise. The worth of a corporation is independent of its size.
Downloads
References
Putra, C. G. I., Manuari, R. A. I., & Puspayanti, D. K. N. (2022). The Influence of Corporate Governance on the Profitability and Value of Manufacturing Companies Listed on the Indonesia Stock Exchange (BEI). Wacana Ekonomi Jurnal Ekonomi Bisnis dan Akuntansi, 21(1), 105–118.
Nuryanto, U. W., Salam, A. F., Sari, R. P., & Suleman, D. (2020). Pengaruh Rasio Kecukupan Modal, Likuiditas, Risiko Kredit dan Efisiensi Biaya Terhadap Profitabilitas Pada Bank Go Public. Jurnal Akuntansi Dan Keuangan, 7(1), 1-9.
Riyanti., & Munawaroh, A. (2020). Managerial Ownership Institutional Ownership Dividend Policy Company Size and Its Effect on Company Value. Jurnal Muhammadiyah Manajemen Bisnis, 2(1).
Nuryanto, U. W., Mz, M. D., Sutawidjaya, A. H., & Saluy, A. B. (2020). The impact of social capital and organizational culture on improving organizational performance. International Review of Management and Marketing, 10(3), 93.
Seputan, J. A., Saerang, S. I., & Tasik, D. H. H. (2022). Capital Market Reaction to the Announcement of the First Case of the Delta and Omicron Variants of the Covid-19 Virus in Idx 30 Index Companies on the Indonesian Stock Exchange. Jurnal Emba, 10(4), 85-94.
KR, M. Y. A. R. A., Saputra, E. K., Nafisa, L., & Nainggolan, H. (2023). The Role of Transactional Leadership, Compensation and Working Environment on Employee Job Satisfaction in Fertilizer Industry. JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi), 9(2), 251-259.
Silvia, M., & Menge, C. (2021). The Influence of Good Corporate Governance and Profitability on Company Value. 3(2), 398–406.
Nafisa, L. (2021). Analisis Metode Perhitungan Harga Pokok Produksi pada Home Industri Sepatu Kulit. Jurnal Indonesia Sosial Teknologi, 2(05), 843-850.
Zain, R. N., W. (2021). Implementation of CSR Activities from a Stakeholder Theory Perspective at Wika Teaching. Jurnal Abiwara: Jurnal Vokasi Administrasi Bisnis, 3(1), 102–107.
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:
1. Copyright Retention and Open Access License
Authors retain copyright of their work and grant the journal non-exclusive right of first publication under the Creative Commons Attribution 4.0 International License (CC BY 4.0).
This license allows unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2. Rights Granted Under CC BY 4.0
Under this license, readers are free to:
- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material for any purpose, including commercial use
- No additional restrictions — the licensor cannot revoke these freedoms as long as license terms are followed
3. Attribution Requirements
All uses must include:
- Proper citation of the original work
- Link to the Creative Commons license
- Indication if changes were made to the original work
- No suggestion that the licensor endorses the user or their use
4. Additional Distribution Rights
Authors may:
- Deposit the published version in institutional repositories
- Share through academic social networks
- Include in books, monographs, or other publications
- Post on personal or institutional websites
Requirement: All additional distributions must maintain the CC BY 4.0 license and proper attribution.
5. Self-Archiving and Pre-Print Sharing
Authors are encouraged to:
- Share pre-prints and post-prints online
- Deposit in subject-specific repositories (e.g., arXiv, bioRxiv)
- Engage in scholarly communication throughout the publication process
6. Open Access Commitment
This journal provides immediate open access to all content, supporting the global exchange of knowledge without financial, legal, or technical barriers.