The Influence of Institutional Ownership, Managerial Ownership, Independent Board of Commissioners, Audit Comittee on Company Values (Study of Banking Companies Listed On The IDX For The 2020-2023 Period)

Abstract

Abstract: Good Corporate Governance (GCG) plays a crucial role in determining a company's value, with factors such as institutional and managerial ownership, the independent board of commissioners, and the audit committee significantly influencing investor decisions. In the banking sector, fluctuations in income, asset ratios, and equity ratios can impact investor confidence and decision-making. This study aims to examine the influence of institutional ownership, managerial ownership, the independent board of commissioners, and the audit committee on company value. Using a quantitative associative approach, the research analyzes a sample of 88 companies selected through purposive sampling, a non-probability sampling method. Data were collected from the Indonesia Stock Exchange (IDX) and official company websites, and analyzed using SPSS Version 26. The results of the findings showed that: (H1) accepted; (H2) rejected; (H3) rejected; (H4) accepted; (H5) accepted. The results imply that governance mechanisms should be considered separately, as audit committee effectiveness and institutional ownership, and non-significant associations need not be interpreted as uniform governance effects.