Impact of Governance, Profitability and Size Firm on Firm Value in The Jakarta Islamic Index

Impact of Governance, Profitability and Size Firm on Firm Value in The Jakarta Islamic Index

Muhammad Rifqi Aldira, Muhammad Bayu Aji Sumantri

Impact of Governance, Profitability and Size Firm on Firm Value in The Jakarta Islamic Index

This research investigates how institutional ownership, the presence of independent board of commissioners, profitability and company size influence on firm value (case study on Jakarta Islamic index companies listed on the Indonesian stock exchange for the 2019-2023 period). This research employs a descriptive method within a quantitative framework. The data analysis technique used in this research is panel data regression analysis using Eviews 13 software. The sampling technique used purposive sampling with samples of as many as 105 JII index companies during the observation period from 2019-2023. The result of the analysis indicate that institutional ownership does not influence firm value and the independent board of commissioner also shows no significant impact. The results of data analysis indicate that institutional ownership does not influence firm value, and the independent board of commissioners also shows no significant impact. However, profitability and company size both have a positive effect on the firm value of companies listed in the Jakarta Islamic Index (JII) on the Indonesia Stock Exchange during the 2019–2023 period.

2025/06/15

https://insyma.org/proceedings/files/articles/Muhammad Rifqi Aldira.pdf

https://insyma.org/proceedings/items/show/366

Institutional Ownership, Independent Board of Commissioners, Profitability, Company Size, and Company Value.

326

330

3047-857X

Proceedings of the International Symposium on Management (INSYMA)

22

Fakultas Bisnis dan Ekonomika, Universitas Surabaya

Muhammad Rifqi Aldira

Muhammad Bayu Aji Sumantri

55

Muhammad Rifqi Aldira, Muhammad Bayu Aji Sumantri