THE INFLUENCE OF MANAGERIAL OWNERSHIP AND CHARACTERISTICS OF THE BOARD OF COMMISSIONERS ON COMPANY PERFORMANCE
Keywords:
Managerial Ownership, Characteristics, Performance
Abstract
The purpose of this study was to analyze the effect of managerial ownership and the characteristics of the board of commissioners on company performance. This study uses 212 samples of manufacturing companies listed on the Indonesia Stock Exchange for the period 2018 to 2020. The analysis used in this study is a Multiple Regression analysis model which is processed with SPSS 20 software. This study uses a total sample of 292 companies. The results of this study state that the existence of an independent board of commissioners in the company has a significant positive effect on firm value. The second hypothesis states that managerial ownership has a significant positive effect on company performance.
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References
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[2]Ariningrum, I., & Diyanty, V. (2017). The Impact of Political Connections and the Effectiveness of Board of Commissioner and Audit Committees on Audit Fees The Impact of Political Connections and the Effectiveness of Board of. 11(4), 53–70. https://doi.org/10.14453/aabfj.v11i4.5
[3]Al-Tuwaijri, S., Christensen, T. E., &Hughes, K. E. (2004). The Relations Among Environmental Disclosure, Environmental Performance, and Economic Performance: a Simultaneous Equations Approach. Accounting, Organizations and Society, 447–471.
[4]Ali, A., Chen, Y., & Radhakrishnan, S. (2007). Corporate Disclosures by Family Firms. Journal of Accounting and Economics, 44, 238–286.
[5]Chen, E. T., & Nowland, J. (2010). Optimal board monitoring in family‐owned companies: Evidence from Asia. Corporate Governance: An International Review, 18(1), 3-17.
[6]Chung, K. H., & Pruitt, S. W. (1994). A Simple Approximation of Tobin’s q. Financial Management, 23(3), 70–74.
[7]Dewi, L. C., & Nugrahanti, Y. W. (2017). Pengaruh Struktur Kepemilikan Dan Dewan Komisaris Independen Terhadap Nilai Perusahaan (Studi Pada Perusahaan Industri Barang Konsumsi Di Bei Tahun 2011€“2013). Kinerja, 18(1), 64. https://doi.org/10.24002/kinerja.v18i1.518
[8]Fatimah, Malavia, mardani ronny, & Budi, W. (2017). Pengaruh Good Corporate Governance Terhadap Nilai Perusahaan Dengan Kinerja Keuangan Sebagai Variabel Intervening. E-Jurnal Riset Manajemen Prodi Manajemen, 51–69.
[9]García-Ramos, R., & García-Olalla, M. (2014). Board independence and firm performance in Southern Europe: A contextual and contingency approach. Journal of Management & Organization, 20(3), 313-332.
[10]Huang, C.-J. (2010). Board, ownership and performance of banks with a dual board system: Evidence from Taiwan. Journal of Management & Organization, 16(2), 219-234.
[11]Maftukhah, I. (2013). Kepemilikan Manajerial, Kepemilikan Institusional, Dan Kinerja Keuangan Sebagai Penentu Struktur Modal Perusahaan. Jurnal Dinamika Manajemen, 4(1), 1–1. https://doi.org/10.15294/jdm.v4i1.2425
[12]Muhtarom, A., Syairozi, M. I., & Yonita, H. L. (2022). Analisis Persepsi Harga, Lokasi, Fasilitas, dan Kualitas Pelayanan terhadap Loyalitas Pelanggan Dimediasi Keputusan Pembelian (Studi Kasus pada Umkm Skck (Stasiun Kuliner Canditunggal Kalitengah) Metode Structural Equation Modelling (SEM)-Partial Least. EKOMBIS REVIEW: Jurnal Ilmiah Ekonomi dan Bisnis, 10(S1), 391-402.
[13]Pradipta, D. P. A., Defung, F., & Nadir, M. (2019). Pengaruh struktur modal, tangibility, dan struktur kepemilikan terhadap kinerja perusahaan pada perusahaan sektor real estate dan properti. Jurnal Ilmu Manajemen, 4(1).
[14]Syairozi, M. I., & Handayati, R. (2017). Analisis Efisiensi Perbankan Syariah (Unit Usaha Syariah) Indonesia Periode 2013-2015: Pendekatan Dea (Data Envelopment Analysis). Economic: Journal of Economic and Islamic Law, 8(2), 93-103.
[15]Syairozi, M. I., & Cahya, S. B. (2017). Sukuk Al Intifaa: Integrasi Sukuk dan Wakaf dalam Meningkatkan Produktifitas Sektor Wakaf Pendorong Investasi Pada Pasar Modal Syariah. JPIM (Jurnal Penelitian Ilmu Manajemen), 2(2), 12-Halaman.
[16]Cristiawan, yulius jogi dan Turtius, melia agustina,. (2009). Pengaruh Good Corporate Governance Terhadap Kinerja Perusahaan. Jurnal ASET (Akuntansi Riset), 1(1), 1. https://doi.org/10.17509/jaset.v1i1.8907
[17]Wulandari, N., & Budiartha, I. (2014). Pengaruh Struktur Kepemilikan, Komite Audit, Komisaris Independen Dan Dewan Direksi Terhadap Integritas Laporan Keuangan. E-Jurnal Akuntansi, 7(3), 574–586.
[18]Wulandari, Ndaruningpuri. (2006). Pengaruh Indikator Mekanisme Corporate Governance terhadap Kinerja Perusahaan Publik di Indonesia. Fokus Ekonomi, 1(2), 120–136.
Published
2022-07-27
How to Cite
Nurjanah, F. (2022). THE INFLUENCE OF MANAGERIAL OWNERSHIP AND CHARACTERISTICS OF THE BOARD OF COMMISSIONERS ON COMPANY PERFORMANCE. Jurnal Scientia, 11(01), 236-242. Retrieved from https://infor.seaninstitute.org/index.php/pendidikan/article/view/495
Section
Articles
