The Influence of Good Corporate Governance and Company Characteristics on Firm Value of Islamic and Conventional Banks in Indonesia

Soliyah Wulandari*  -  Universitas Islam Negeri Sultan Maulana Hasanuddin Banten, Indonesia
Dede Sudirja  -  Universitas Islam Negeri Sultan Maulana Hasanuddin Banten, Indonesia
Rezky Mehta Setiadi  -  Universitas Islam Negeri Sultan Maulana Hasanuddin Banten, Indonesia
Haezah Nur Shabrina  -  Universitas Islam Negeri Sultan Maulana Hasanuddin Banten, Indonesia

(*) Corresponding Author
DOI : 10.32678/ijei.v16i1.831
This research aims to empirically prove the influence of good corporate governance and company characteristics on firm value. Good corporate governance in question is the board of directors, independent commissioners, audit committee, and institutional ownership, while company characteristics are company size, profitability, and leverage.  The object of this research is Bank Listed on the Indonesian Stock Exchange. The sample period in this research is 2021 and 2022. Sample selection was carried out using the purposive sampling method. The final sample used in this research was 60 observations. Secondary data collected were financial reports from each bank. The data was processed using multiple regression model statistical tests. The results of this research show that company size and profitability influence the firm value of sharia and conventional banks listed on the Indonesia Stock Exchange. Meanwhile, the board of directors, independent commissioners, audit committee, institutional ownership and leverage have no effect on the firm value of sharia and conventional banks listed on the Indonesia Stock Exchange.

Keywords : Firm Value; Board of Directors; Independent Commissioners; Audit Committee; Institutional Ownership; Company Size; Profitability

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ISLAMICONOMIC: Jurnal Ekonomi Islam
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