Abstract :
This study aimed to examine the effect of good corporate governance mechanisms on corporate value companies listed in Indonesia Stock Exchange in 2014. The population in this study are all companies listed in Indonesia Stock Exchange in 2014. The sample set by using stratified random sampling method. The research sample obtained was 224 companies. Hypothesis testing using multiple regression analysis method with SPSS version 20.
The results showed that the first hypothesis (1) states that institutional ownership has no effect on firm value. The second hypothesis (2) states that managerial ownership does not affect the value of the company. The third hypothesis (3) states that an independent commissioner has no effect on firm value. The fourth hypothesis (4) states that the audit committee has no effect on firm value.
Keywords: Tobin's Q, institutional ownership, managerial ownership, independent directors and audit committee