| This research examines the effect of managerial ownership, institutional ownership, audit committee,proportion of independent board, board meetings, accounting policy, and firm value. This test is conducted on two models of research. The first model analyzes the effect of managerial ownership, institutional ownership, audit committee,proportion of independent board, board meetings on accounting policy. The second model ecamines the effect of managerial ownership, institutional ownership, audit committee,proportion of independent board, board meetings, accounting policy on firm value. The first model has a total of 269 data samples of manufacture companies which listed in Indonesia Stock Exchange in period 2011-2015 and the second model has a total of 159 data samples of manufacture companies which listed in Indonesia Stock Exchange in period 2011-2015. The first result shows that managerial ownership and audit committee have no effect on accounting policy, meanwhile institutional ownership, proportion of independent board, and board meetings have a significant effect on accounting policy. And the second result shows that institutional ownership and audit committee have a significant effect on firm value, meanwhile, managerial ownership, proportion of independent board, board meetings, and accounting policy have no significant effect on firm value. |