PENGARUH BESARAN TRANSAKSI HUBUNGAN ISTIMEWA DAN MANAJEMEN LABA TERHADAP NILAI PERUSAHAAN DENGAN PENERAPAN GOOD CORPORATE GOVERNANCE SEBAGAI VARIABEL MODERASI STUDI EMPIRIS PADA PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA PERIODE 2020-2022

The problem in this research is the rise and fall in the value of the company as seen from the price of outstanding shares which is possibly caused by earnings management actions and transactions that occur between related parties who have a special relationship. The aim of this research is to analyze factors that can influence the value of the company including related party transaction as measured
by RPTAL and earnings management as measured by discretionary accruals which are moderated by the implementation of good corporate governance using three
proxies, namely managerial ownership, institutional ownership and independent commissioners.
The population of this research is manufacturing companies on the Indonesian Stock Exchange during 2020-2022 and the research sample was taken using a purposive sampling technique with special criteria and a sample size of 42
companies was obtained, with a 3 year period of data totaling 126 samples. This research model uses multiple analysis regression methods and moderating tests.The research results show that: The research results show that: (1) The related party transactions do not have a significant effect on company value (2) Earnings management does not have a significant effect on company value; (3) Managerial
ownership is unable to moderate the influence of related transactions and earnings management on company value (4) Institutional ownership is unable to moderate the influence of related transactions and earnings management on company value (5) Independent commissioners are unable to moderate the influence of related transactions and management profit to company value.The research results concluded that the size of the related party transactions carried out by the company did not have an impact on decreasing or increasing the value of the company, then the influence of earnings management on company value was not supported by the signal theory which states that earnings management actions influence investor decisions and give negative market reactions which cause a decline share prices which also have an impact on decreasing company value..