THE INFLUENCE OF OWNERSHIP STRUCTURE AND GOOD CORPORATE GOVERNANCE TO COMPANY FINANCIAL PERFORMANCE TO ENCOUNTER THE COVID-19 PANDEMIC IN RETAIL TRADE COMPANIES LISTED ON THE ISE FOR THE 2015–2019 PERIOD
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Date
2020
Journal Title
Journal ISSN
Volume Title
Publisher
Solid State Technology Volume: 63 Issue: 4
Abstract
This study aims to determine whether the ownership structure (managerial ownership,
institutional ownership, and company size) and good corporate governance (board of
commissioners, independent board of commissioners, board of directors, and audit committee)
affect the company's financial performance in listed retail trade sector companies. on the ISE for
the period 2015-2019. The research method used in this research is descriptive and verification
methods. The research population is the retail trade sector companies listed on the ISE for the
2015-2019 period, totaling 24 companies. The sampling technique used was non-probability
sampling with a purposive sampling method, so that the sample size was 8 companies. The data
analysis used is multiple linear regression analysis using Eviews 9. The results showed that
managerial ownership, the board of commissioners, the board of independent commissioners,
and the board of directors have an effect on the company's financial performance. Meanwhile,
institutional ownership, company size, and audit committee have no effect on the company's
financial performance. In addition, the magnitude of the influence of managerial ownership,
institutional ownership, company size, the board of commissioners, the independent
commissioner board, the board of directors, and the audit committee in contributing to the
influence of the company's financial performance is 91.7%.
Description
Keywords
Audit Committee, Board of Commissioners, Board of Directors, Board of Independent Commissioners, Company Size, Financial Performance, Institutional Ownership, Managerial Ownership