PENGARUH GOOD CORPORATE GOVERNANCE, CASH HOLDING, KINERJA KEUANGAN, DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

THE INFLUENCE OF GOOD CORPORATE GOVERNANCE, CASH HOLDING, FINANCIAL PERFORMANCE, AND COMPANY SIZE ON COMPANY VALUE

Penelitian ini bertujuan untuk mengetahui pengaruh good corporate governance, cash holding, kinerja keuangan dan ukuran perusahaan terhadap nilai perusahaan. Populasi dalam penelitian ini sebanyak 44 perusahaan food and beverages periode 2019-2022 yang terdaftar di Bursa Efek Indonesia. Variabel independen yang digunakan dalam penelitian terdiri dari dewan komisaris (DK), komite audit (KA), cash holding (CH), ukuran perusahaan (SZ), kinerja keuangan (ROA), sedangkan variabel dependennya nilai perusahaan (PBV). Jumlah sampel yang digunakan sebanyak 76 sampel dengan teknik pengambilan sampel menggunakan teknik purposive sampling. Jenis penelitian menggunakan pendekatan kuantitatif. Pengolahan data penelitian menggunakan SPSS versi 23 dengan metode analisis regresi linier berganda. Hasil penelitian yang dilakukan menunjukkan bahwa secara simultan variabel independen berpengaruh terhadap variabel dependen yaitu nilai perusahaan. Sedangkan secara parsial, dewan komisaris tidak berpengaruh terhadap nilai perusahaan. Komite audit tidak berpengaruh terhadap nilai perusahaan. Cash Holding berpengaruh terhadap nilai perusahaan. Kinerja Keuangan yang diwakili dengan ROA berpengaruh positif terhadap nilai perusahaan. Ukuran perusahaan tidak berpengaruh terhadap nilai perusahaan.

Kata Kunci : Good Corporate Governance, Cash Holding, Kinerja Keuangan, Ukuran Perusahaan, Nilai Perusahaan. 

This study aims to determine the effect of good corporate governance, cash holding, financial performance and company size on company value. The population in this study is 44 food and baverages companies for the 2019- 2022 period listed on the Indonesia Stock Exchange. The independent variables used in the study consisted of the board of commissioners (DK), audit committee (KA), cash holding (CH), company size (SZ), financial performance (ROA), while the dependent variable was company value (PBV). The number of samples used was 76 samples with sampling techniques using purposive sampling techniques. This type of research uses a quantitative approach. Research data processing using SPSS version 23 with multiple linier regression analysis method. The results of the research conducted show that simultaneously the independent variable affects the dependent variable, namely the value of the company. While partially, the board of commissioners has no effect on the value of the company. The audit committee has no effect on the value of the company. Cash Holding affects the value of the company. Financial Performance represented by ROA has a positive effect on company value. The size of the company has no effect on the value of the company.

Keywords: Good Corporate Governance, Cash Holding, Financial Performance, Company Size, Company Value.