PENGARUH TATA KELOLA PERUSAHAAN, KINERJA KEUANGAN, DAN INTELLECTUAL CAPITAL TERHADAP NILAI PERUSAHAAN (TOBIN’S Q) PADA PERUSAHAAN PERHOTELAN YANG TERCATAT DI BURSA EFEK INDONESIA

Abstrak

Firm value is the long-term goal of a company, and the higher the value of the company, the greater the prosperity that will be enjoyed by the shareholders. The purpose of this study is to analyze the influence of board size, firm size, audit committee, independent commissioners, debt to equity ratio (DER), debt to assets ratio (DAR), and value added intellectual capital (VAIC) on firm value (Tobin's Q). The population used in this study is 40 samples from 30 population of hospitality companies listed on the Indonesia Stock Exchange for the period 2021 –2024. Sample selection in this study used a purposive sampling technique with 40 selected samples based on predetermined criteria. This study used descriptive statistical analysis methods, classic assumption test analysis, and multiple linear regression analysis with IBM SPSS version 21. The results of this study are that the firm size variable has a significant positive influence and board size has a significant negative influence on firm value (Tobin's Q). Meanwhile, the variables of audit committee, independent commissioners, debt to equity ratio, debt to assets ratio, and value added intellectual capital have no effect on firm value (Tobin's Q).