Analysis of The Effect of Corporate Governance on Stock Performance in The Insurance Company PT Asuransi Harta Aman Pratama Tbk

Abstract

This study aims to analyze the effect of corporate governance on stock performance, with a case study on PT Asuransi Harta Aman Pratama Tbk listed on the Indonesia Stock Exchange (IDX). Based on a quantitative approach with a case study technique, this study evaluates the relationship between corporate governance indicators, such as total assets and liabilities, with stock performance represented by equity. The results of the analysis show that total assets have a positive and significant effect on equity, while liabilities show an insignificant negative relationship. These findings emphasize the importance of strategic asset management and effective liability management in supporting stock value growth. The implications of this study indicate that comprehensive and efficient governance practices can increase investor confidence and support the company's financial stability in the long term.