Abstract
High company risk can lead to wrong investor decisions, as it can reflect a high likelihood of company failure. Risk management becomes important to minimize the adverse impact of risks on company operations and increase company value for shareholder wealth. This research aims to examine the effect of risk on company value in the Textile/Garment industry on the Indonesia Stock Exchange. The study used secondary data with a quantitative descriptive analysis method using STATA17 software. The sample size in this study was 18 companies. The results of the study proved that business risk has a significant negative effect on the value of Textile/garment industry companies listed on the Indonesia Stock Exchange. The higher the business risk faced by a company, the lower its value.
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