THE INFLUENCE OF GOOD CORPORATE GOVERNANCE ON STOCK PRICES IN FOOD AND BEVERAGE COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE PERIOD 2019-2021

Abstract

Food and Beverage companies listed on the IDX will be the focus of this research. Stock prices in food and beverage companies fluctuate, which are influenced by internal and external factors. In this good corporate governance company proxies are the board of commissioners, independent commissioners, and audit committee. This study aims to determine the effect of good corporate governance on stock prices listed on the IDX for the 2019-2021 period. The method used in this study is a quantitative method. The sample used in this study consisted of 15 companies, taken using a purposive sampling technique. The results of this discussion indicate that: 1) partially the board of commissioners has no effect on stock prices. 2) partially independent commissioners influence stock prices. 3) the audit committee has no effect on stock prices. 4) simultaneously good corporate governance influences stock prices in food and beverage companies listed on the Indonesian stock exchange.