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The Investigation of the Impact of Good Corporate Governance on the Value of Manufacturing Companies Listed on the IDX

Ciptawan Ciptawan, Andoko, Ali Syah Putra, Yenni, Arifin

View Author Affiliations
  • Ciptawan Ciptawan: Universitas Pelita Harapan, Indonesia
  • Andoko: Universitas Pelita Harapan, Indonesia
  • Ali Syah Putra: Universitas Pelita Harapan, Indonesia
  • Yenni: Universitas Mahkota Tricom Unggul,, Indonesia
  • Arifin: Universitas Kristen Indonesia, Indonesia
DOI:
https://doi.org/10.59431/ijer.v5i2.571
Published:
October 10, 2025
Pages:
114-120

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Abstract

This study aims to determine the effect of good corporate governance on company value (a study of manufacturing companies listed on the IDX in 2022-2024). The selection of this study used purposive sampling, so that the number of samples used was 41 companies from a population of 144 companies. In this study, the results of the analysis were carried out to draw conclusions about the effect of good corporate governance on company value (a study of manufacturing companies listed on the IDX in 2022-2024). Data processing using Eviews 12. The results of the study show that managerial ownership affects company value in Manufacturing Companies on the IDX in 2022-2024. Institutional ownership affects company value in Manufacturing Companies on the IDX in 2022-2024.

Keywords

Ownership; Managerial; Institutional; Company Value
Author Biographies
Ciptawan Ciptawan

Universitas Pelita Harapan

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Accounting Study Program, Universitas Pelita Harapan, Medan City, North Sumatra Province, Indonesia.

Andoko

Universitas Pelita Harapan

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Accounting Study Program, Universitas Pelita Harapan, Medan City, North Sumatra Province, Indonesia.

Ali Syah Putra

Universitas Pelita Harapan

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Program Studi Manajemen, Universitas Pelita Harapan, Kota Medan, Provinsi Sumatera Utara, Indonesia.

Yenni

Universitas Mahkota Tricom Unggul,

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Program Studi Akuntansi, Universitas Mahkota Tricom Unggul, Kota Medan, Provinsi Sumatera Utara, Indonesia.

Arifin

Universitas Kristen Indonesia

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Program Studi Akuntansi, Universitas Kristen Indonesia, Kota Jakarta Timur, Daerah Khusus Ibu Kota Jakarta, Indonesia.

Article Identifiers
  • Article Title: The Investigation of the Impact of Good Corporate Governance on the Value of Manufacturing Companies Listed on the IDX
  • DOI: 10.59431/ijer.v5i2.571
  • Publication Date: 2025-10-10
  • Journal: Indonesian Journal Economic Review (IJER)
  • Volume: 5
  • Issue: 2
  • Pages: 114-120
References
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Issue Information

Article Details

Volume: 5
Issue: 2
Year: 2025
Published: 2025-10-10
Pages: 114-120
Section: Articles
View Full Issue
Additional Information

How to Cite

Ciptawan, C., Andoko, Putra, A. S., Yenni, & Arifin. (2025). The Investigation of the Impact of Good Corporate Governance on the Value of Manufacturing Companies Listed on the IDX. Indonesian Journal Economic Review (IJER), 5(2), 114-120. https://doi.org/10.59431/ijer.v5i2.571
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This work is licensed under a Creative Commons License.

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