Pengaruh Good Corporate Govermance Terhadap Harga Saham (Studi Kasus Pada Perusahaan Food And Bevarage Di BEI Periode 2017-2021)

Abstract

Good Corporate Governance is the basis or guideline in conducting the company's internal
management. Stock prices are a reflection of the performance or value of the company and
also a reflection of investor confidence. The objectives to be achieved are: 1) To determine the effect of managerial ownership on stock prices in Food and Beverage companies on the
IDX for the 2017-2021 period. 2) To determine the effect of institutional ownership on stock
prices in Food and Beverage companies on the IDX for the 2017-2021 period. 3) To
determine the effect of the size of the board of commissioners on the stock price of Food and
Beverage companies on the IDX for the 2017-2021 period. 4) To determine the effect of
managerial ownership, institutional ownership and the board of commissioners on stock
prices in Food and Beverage companies on the IDX for the 2017-2021 period. This research
is a quantitative research. The type of data used in this study is secondary data, namely Good
Corporate Governance on stock prices listed on the Indonesia Stock Exchange (IDX) in
2017-2021. The data collection technique used in this research is documentation technique.
The analytical technique used in this study is multiple regression analysis. The results of
research and data processing obtained the results of the t-test on the Managerial Ownership
variable having a tcount of 5.444 where the tcount value is 5.444 > ttable 1.717, with a
significance value below 0.05, namely 0.000, then H1 is accepted. The results of the t-test of
the institutional ownership variable have a tcount value greater than ttable or it can be
explained that the value (4.650 > 1.717) with a significance value below 0.05 is 0.000. The
results of the t-test of the board of commissioners variable have a tcount value (5.502)
greater than ttable (1.717) or it can be explained that the value of tcount > ttable (5.502 >
1.717) with a significance value below 0.05, which is 0.000. The results of the F test on the
independent variables (managerial ownership, institutional ownership and the board of
commissioners) have Fcount greater than Ftable or it can be explained that the value (18.776
> 3.07) with a significance level below 0.05 is 0.000. Based on the results of the study, it can
be concluded that the test results simultaneously with the F test show that Good Corporate
Governance on indicators of managerial ownership, institutional election and independent
commissioners jointly affect stock prices in Food and Beverage companies listed on the IDX
in 2017-2021. This is evidenced by statistical testing where tcount > ttable with a
significance less than 0.05. So it can be concluded that the results of this study
simultaneously (simultaneously) have a significant effect on stock prices.