The influence of corporate governance, company performance, intellectual capital on corporate value

Company value is an investor's assessment of the company's profit potential and future growth. Investors will consider the value of the company when making investment decisions. The value of a company can be influenced by several factors, including corporate governance, company performance, and intellectual capital. Companies that have good corporate governance, strong financial performance and effective intellectual capital can improve investors' perception of the company's profit prospects, thereby increasing investor interest and encouraging stock price increases, which in turn increases the company's value. The purpose of this study is to analyze the influence of the board of directors, audit committee, independent commissioners, company size, debt-to-equity (DER) ratio, debt-to-asset ratio (DAR), and intellectual capital on the value of companies measured using Tobin's Q. The population of this study is hotel companies listed on the Indonesia Stock Exchange for the period 2019-2022. The samples selected using purposive sampling amounted to 40 samples. The results of the study show that independent commissioners and company size have a positive effect, while the board of directors has a negative effect on the company's value. The variables of the audit committee, DER, DAR and intellectual capital have no effect on the company's value.