The Role of Independent Commissioners in Improving Corporate Financial Performance
Keywords:
board of directors, managerial ownership, independent board of commissioners, institutional ownership,Abstract
This study aims to determine the influence of the board of directors, managerial ownership, independent board of commissioners and institutional ownership on company performance. The study population used were food and beverage companies listed on the Indonesia Stock Exchange (IDX) in 2018-2021. The number of samples in this study was 54 samples from 40 companies selected by purposive sampling techniques. Data analysis using descriptive statistical analysis and multiple linear regression test with SPSS application. The results showed that managerial ownership and the board of commissioners had a positive effect on the financial performance of companies in the food and beverage sector. Meanwhile, the board of directors and institutional ownership negatively affect the financial performance of food and beverage sector companies.
References
Agustina Tertius dan Yulius Jogi Christiawan, M. (2015.). Pengaruh Good Corporate Governance terhadap Kinerja Perusahaan pada Sektor Keuangan. Business Accounting Review Vol. 3, NO. 1, 223-232
Alim, M., & Destriana, U. (2016). Pengaruh Kepemilikan Institusional, Komite Audit, Dan Ukuran Perusahaan Terhadap Kinerja Perusahaan. Jurnal Manajemen Bisnis. http://dx.doi.org/10.31000/jmb.v5i1.1990Alodat,
Alfian, N. (2020). Mekanisme Corporate Governance Terhadap Kinerja Keuangan Pada Perusahaan Perbankan Yang Terdaftar Di Bei. JIAFE (Jurnal Ilmiah Akuntansi Fakultas Ekonomi), 5(2), 209– 218. https://doi.org/10.34204/jiafe.v5i2.2057
Amelya, D. (2019). Pengaruh komisaris, komite audit, struktur kepemilikan, size dan leverage terhadap kinerja keuangan perusahaan properti, perumahan dan konstruksi 2013-2017. 7, 697–712.
Dany Yadnyapawita, I. M., & Aryista Dewi, A. (2020). Pengaruh Dewan Direksi, Komisaris Non Independen, dan Kepemilikan Manajerial pada Kinerja Perusahaan Manufaktur di BEI. E-Jurnal Akuntansi, 30(8), 1985. https://doi.org/10.24843/eja.2020.v30.i08.p07
Aziza, T. N., Azizah, S. N., Kusbandiyah, A., & Inayati, N. I. (2020). Pengaruh Kepemilikan Institusional, Kepemilikan Manajerial, Dewan Direksi Dan Ukuran Perusahaan Terhadap Kinerja Keuangan Perusahaan (Studi Empiris pada Perusahaan Sektor Industri Barang Konsumsi yang terdaftar di BEI periode 2015-2019). JPEKBM (Jurnal Pendidikan Ekonomi, Kewirausahaan, Bisnis Dan Manajemen), 4(2), 34. https://doi.org/10.32682/jpekbm.v4i2.1828
Deswara, N. P., Astrie, K., & Saraswati, R. S. (2021). Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Nabila. 5(1), 357–379.
Febrina, V., & Sri, D. (2022). Pengaruh Dewan Komisaris, Dewan Direksi, Komite Audit, Dan Kepemilikan Manajerial Terhadap Kinerja Keuangan.
Ghozali, I. (2018). Aplikasi Analisis Multivariete SPSS 25 (9th ed.). Semarang: Universitas Diponegoro.
Haat, M. H. C., Rahman, R. A., & Mahenthiran, S. (2008). Corporate governance, transparency and performance of Malaysian companies. Managerial Auditing Journal, 23(8), 744–778. https://doi.org/10.1108/02686900810899518
Hartati, N. (2020). Pengaruh Dewan Komisaris, Komite Audit dan Kepemilikan Institusional Terhadap Kinerja Keuangan Perusahaan. EKOMABIS: Jurnal Ekonomi Manajemen Bisnis, 1(02), 175–184. https://doi.org/10.37366/ekomabis.v1i02.72
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360. https://doi.org/10.1016/0304-405X(76)90026-X
Kusumawardhany, S. S., & Shanti, Y. K. (2021). Pengaruh Pengaruh Komite Audit, Dewan Komisaris Dan Dewan Direksi Terhadap Kinerja Keuangan Perusahaan. Journal of Information System, Applied, Management, Accounting and Research, 5(2), 400. https://doi.org/10.52362/jisamar.v5i2.383
Prahesti, D. S., & Abundanti, N. (2020). Pengaruh Risiko Kredit, Struktur Kepemilikan Dan Dewan Komisaris Independen Terhadap Kinerja Keuangan Pada Industri Perbankan Di Bursa Efek Indonesia. www.idx.co.id
Pura, B. D., Zilal Hamzah, M., & Hariyanti, D. (2018). Analisis Pengaruh Good Corporate Governance terhadap Kinerja Keuangan Perbankan yang Terdaftar di Bursa Efek Indonesia Periode 2014-2017. In Seminar Nasional Cendekiawan ke (Vol. 4). www.idx.co.id
Salleh, Z., Hashim, H. A., & Sulong, F. (2021). Corporate governance and firm performance: empirical evidence from Jordan. Journal of Financial Reporting and Accounting, 20(5), 866–896. https://doi.org/10.1108/JFRA-12-2020-0361
Sari, T. D., Titisari, K. H., & Nurlaela, S. (2020). Pengaruh Kepemilikan Manajerial, Komite Audit, Leverage Dan Ukuran Perusahaan Terhadap Kinerja Keuangan. Upajiwa Dewantara, 4(1), 15–26. https://doi.org/10.26460/mmud.v4i1.6328
Situmorang, C. V., & Simanjuntak, A. (2019). Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Akuntansi Dan Bisnis : Jurnal Program Studi Akuntansi, 5(2), 160–169. https://doi.org/10.31289/jab.v5i2.2694Suad
Sugiyono (2019). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung : Alphabet.
Viola Febrina. (2022). Pengaruh Dewan Komisaris, Dewan Direksi, Komite Audit, Dan Kepemilikan Manajerial Terhadap Kinerja Keuangan. Jurnal Informasi Akuntansi, Vol, No1, Juni 2022, 77-89
Yuliyanti, and N. Cahyonowati. (2023). Pengaruh Dewan Direksi, Dewan Komisaris, Komisaris Independen, Komite Audit, Kepemilikan Manajerial, Dan Kepemilikan Institusional Terhadap Kinerja Keuangan, Diponegoro Journal of Accounting, vol. 12, no. 3, Jul. 2023.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 JEMBA: Journal of Economics, Management, Business and Accounting
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
1.png)
