Pengaruh Good Corporate Governance dan Kinerja Keuangan Terhadap Nilai Perusahaan Pada Perusahaan Sektor Infrastruktur yang Terdaftar di Bursa Efek Indonesia 2020-2023

Abstract

The goal of this research is to determine the impact of effective corporate governance and financial performance on business value. The research question is whether effective corporate governance and financial performance improve business value. The sample size was 31 firms. The data utilized in this analysis were derived from the infrastructure sector's annual financial reports for 2020-2023. The study's population of firms included 51 Infrastructure sectors listed on the Indonesia Stock Exchange (IDX) between 2020 and 2023. This research employed a total of 31 samples, selected using the purposive sampling approach. The data was analyzed using descriptive statistics, classical assumption tests, and hypothesis testing using the regression approach in SPSS 26. This study used a quantitative descriptive research strategy. Multiple linear regression was utilized to conduct the study. The findings indicated that good corporate governance has a favorable but negligible influence on firm value. Financial performance has a favorable and considerable impact on firm value. Concurrently, both factors had a considerable influence on firm value.