Sari, Rokhmawati, Halim/IJEBA, 6 (1), 2021 pg. 41 IJEBA: International Journal of Economic, Business and Applications p-ISSN: 2477-1244, e-ISSN: 2477-1236 DOI: https://dx.doi.org/10.31258/ijeba.6.1.41-53 Received: March 4, 2021; Accepted: May 30, 2021 The Effect of Return on Assets, Firm Size, and Risk Management on Firm Value with Good Corporate Governance as a Mediation Variable (Empirical Study of Shariah Commercial Banks 2015-2019) Eka Purnama Sari, Andewi Rokhmawati, Edyanus H Halim Faculty of Economics and Business Riau University, Pekanbaru, Indonesia Eka170593@gmai.com Abstract: The implementation of Good Corporate Governance aims to create added value for all interested parties through improved management performance to increase corporate value and encourage the creation of efficient, transparent, and following statutory regulations. In conducting this research, the research objectives are to analyze and determine the Return on Assets, Company Size, Risk Management, and Good Corporate Governance, which affect the Company's Value through Good Corporate Governance. This study found that return on assets, firm size, and risk management significantly affected good corporate governance. Good corporate governance, return on assets, firm size, and risk management significantly affect firm value. Keywords: Good Corporate Governance, Return on Assets, Company Size, Risk Management, Firm Value INTRODUCTION The company's main objective is to increase its value by increasing the owner's or shareholders' prosperity. Company value can provide maximum shareholders' wealth if the company's share price increases. Corporate value is the market value of shares that reflects the wealth of the owner. The higher the share price can be a sign that the owner's wealth is also increased. Investors will choose to invest in companies with maximum corporate value because, if the company value is high, the share price will also increase, increasing shareholders' prosperity (Ridwan & Gunardi, 2013). In this case, we take Shariah commercial banks, where a bank is an entity that collects funds from the public in financing and distributes the funds to the public as borrowing. It carries out the function of financial intermediation. There are two kinds of operational banking systems in Indonesia's banking system: conventional banks and Shariah banks. According to Law no. 21 of 2008, a Shariah bank is a bank that carries out business activities based on Shariah principles or Shariah law principles as stipulated in the Indonesian ulema council's fatwa. The development of Shariah banks is a favorite attraction for those with excess funds, such as investors. Investors are more interested in investing in business entities with a good track record of growth and development. Investors will, of course, also pay attention to the value of the company that is the object of their investment, whether the shares are worthy of buying or not buy, to buy or to sell, and whether they have a good image or not.