The Effect of Managerial Ownership, Institutional Ownership, Independent Board of Commissioners, and Audit Committee on The Value of The Company in Manufacturing Companies in Indonesia

Putu Paradita Megayanti Fitriani; I Ketut Sunarwijaya; Made Santana  Putra Adiyadnya

Putu Paradita Megayanti Fitriani Faculty of Economics and Business Mahasaraswati Denpasar University
I Ketut Sunarwijaya Faculty of Economics and Business Mahasaraswati Denpasar University
Made Santana Putra Adiyadnya Faculty of Economics and Business Mahasaraswati Denpasar University

Keywords: Managerial Ownership, Institutional Ownership, Independent Board of Commissioners, Audit Committee, The Value of The Company

Abstract

The value of the company is an investor’s perception of the company, which is often associated with the stock price. High stock prices make the value of the company also high. The research aims to reexpose the influence of managerial ownership, institutional ownership, independent board of commissioners, and audit committees on corporate values. The population of this study is all manufacturing companies registered with idx in 2017-2020. The study sample numbered 44 manufacturing companies, so the total sample was 176 units of the company. The sampling technique used is purposive sampling. The study used multiple linear regression analysis techniques. The results of this study show that managerial ownership and independent board of commissioners have a positive effect on the value of the company. Institutional ownership and audit committees have no effect on the value of the company.