The purpose of this study was to determine the effect of enterprise risk management, managerial ownership and institutional ownership towards firm value. The method in this study uses a quantitative approach. The research population is the basic and chemical industrial sector companies listed on the IDX for the period 2016 – 2019 with the acquisition of 232 samples. The sampling technique used purposive sampling. The research data were analyzed using Eviews software. The results of the research describe enterprise risk management and managerial ownership have a significant impact towards firm value while institutional ownership has no significant impact towards firm value. Profitability and firm size as control variables in this research have varying results where firm size has a significant impact towards firm value and profitability has no significant impact towards firm value.

Keywords : Enterprise Risk Management; Managerial Ownership; Institutional Ownership; Firm Size; Profitability; Firm Value.