THE EFFECT OF AUDIT COMMITTEE, INTERNAL AUDITOR AND AUDIT QUALITY ON FIRM VALUE ON HOTEL INDUSTRY IN INDONESIA

Abstract

Firm value is a crucial element for organizational success, necessitating emphasis from contemporary researchers. This study examines the impact of audit committee effectiveness, audit quality, and internal auditor effectiveness on the firm value within Indonesia's hotel industry. Primary data were collected through survey questionnaires administered to the audit departments of hotels. Smart-PLS was employed to assess data reliability and the relationships among variables. The findings reveal a positive relationship between audit committee effectiveness, audit quality, internal auditor effectiveness, and firm value in the hotel industry in Indonesia. This article provides guidance for regulators on enhancing firm value through the implementation of effective audit committees, comprehensive audit quality, and efficient internal auditing practices.