PENGARUH STRUKTUR KEPEMILIKAN TERHADAP NILAI PERUSAHAAN PADA SEKTOR PERTAMBANGAN DI INDONESIA TAHUN 2015-2024
Keywords:
Board Independen, Frekuensi Rapat Dewan, Ownership Institusional, Nilai Perusahaan, Regresi Data PanelAbstract
Penelitian ini bertujuan untuk menguji pengaruh struktur kepemilikan dan mekanisme tata kelola perusahaan terhadap nilai perusahaan pada sektor pertambangan di Indonesia tahun 2015-2024. Penelitian menggunakan pendekatan kuantitatif dengan data sekunder dari laporan keuangan tahunan yang diperoleh dari situs resmi BEI. Melalui teknik purposive sampling, diperoleh 10 perusahaan sebagai sampel. Analisis data dilakukan menggunakan regresi data panel dengan model Fixed Effect Model (FEM). Hasil penelitian menunjukkan bahwa Board Independen berpengaruh positif namun tidak signifikan, Frekuensi Rapat Dewan berdampak positif tidak signifikan, dan Ownership Institusional memiliki dampak negatif signifikan terhadap nilai perusahaan. Hasil ini mengindikasikan bahwa mekanisme tata kelola yang diterapkan saat ini belum sepenuhnya optimal dalam meningkatkan nilai perusahaan.
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