PENGARUH MODAL INTELEKTUAL DAN TATA KELOLA PERUSAHAAN TERHADAP NILAI PERUSAHAAN (STUDI PERUSAHAAN SUB SEKTOR OTOMOTIF DAN KOMPONEN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2018-2022)\

This study aims to normatively examine the relationship between intellectual capital performance and corporate governance practices on company value quantified using the Tobin's Q ratio. The main objective is to test whether there is a significant influence between intellectual capital performance and corporate governance implementation on company value.
The data used in this research comes from financial reports and annual reports of Automotive and Components sub-sector companies listed on the Indonesia Stock Exchange. The population of this research includes all Automotive and Components sub-sector companies listed on the IDX during the 2018-2022 period, with a total of
15 companies. Sample selection was carried out using the purposive sampling method. The type of data used is secondary data obtained from the company's annual report. Data analysis was carried out using the panel data regression method with the help of E-views12 software.
The results of this research show that in automotive and component companies in Indonesia, intellectual capital partially influences company value, with a profitability value of 0.0036, which is smaller than the significant value of 0.05 (0.0036<0.05). However, the independent commissioner structure does not have a significant influence on company value with a profitability value of 0.4640, where this value is greater than the significant value of 0.05 (0.4640>0.5), as well as the results of research on institutional ownership structure which shows that there is no influence which is significant for company value with a profitability value of 0.3358 where this value is greater than the significant value of 0.05 (0.3358>0.5). Meanwhile, simultaneously intellectual capital, institutional ownership and independent commissioners influence company value with a prob (F-statistic) value of 0.004783, so the resulting F-Statistic prob (F-statistic) value is smaller than the significance level, namely 0.05.

Keywords: Intellectual Capital, Corporate Governance, Company Value