Kepemilikan Manajerial, Institusional, Dewan Komisaris Independen, Komite Audit dan Kinerja Keuangan Perusahaan Food and Beverage
Abstract
This study aims to examine and analyze the effect of managerial ownership, institutional ownership, independent board of commissioners, and audit committee on the financial performance of food and beverage companies listed on the Indonesia Stock Exchange in the 2014-2018 period. This type of research is quantitative research. The population and sample used by all food and beverage companies listed on the Indonesia Stock Exchange in the 2014-2018 period by taking samples using purposive sampling method obtained a total of 13 companies that met the criteria. The data analysis technique used is multiple linear regression test. The results of this study indicate that managerial ownership, independent boards of commissioners, and audit committees have a positive and significant influence on financial performance. While institutional ownership has no effect on financial performance.
Keywords: Financial Performance; Managerial Ownership; Institutional; Independent Board of Commissioners; Audit Committee.
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References
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Ongore, V. O., & Owoko, P. (2011). Effects of selected corporate governance characteristics on firm performance: Empirical evidence from Kenya. International Journal of Economics and Financial Issues, 1(3), 99.
Rachmad, A. A. (2013). Pengaruh Penerapan Corporate Governance Berbasis Karakteristik Manajerial Pada Kinerja Perusahaan Manufaktur. E-Jurnal Akuntansi Universitas Udayana, H, 678–696.
Riantono, I. E. (2014). Pengelolaan Manajemen Modern Dalam Mewujudkan Good Corporate Governance: Optimalisasi Pencapaian Tujuan Perusahaan. Binus Business Review, 5(1), 315–322.
Saidu, S. A., & Gidado, S. (2018). Managerial Ownership and Financial Performance of Listed Manufacturing Firms in Nigeria. International Journal of Academic Research in Business and Social Sciences, 8(9), 1227–1243.
Sekaredi, S., & Adiwibowo, A. S. (2011). Pengaruh Corporate Governance Terhadap Kinerja Keuangan Perusahaan (Studi Pada Perusahaan yang Terdaftar di LQ45 Tahun 2005-2009). Universitas Diponegoro.
Shah, S. Z. A., & Hussain, Z. (2012). Impact of ownership structure on firm performance evidence from non-financial listed companies at Karachi Stock Exchange. International Research Journal of Finance and Economics, 84, 6–13.
Subroto, H., Sari, D. I., & Nurlaela, S. (2016). Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Perusahaan Real Estate & Property. Seminar Nasional UNIBA Surakarta, 2(1), 323–332.
Sugiyono, P. D. (2014). Populasi dan sampel. Metode Penelitian Kuantitatif, Kualitatif Dan R&D, 291, 292.
Suhardjanto, D., & Ajibroto, N. (2017). Ownership structure and financial performance: an empirical study of listed airlines industry in Asia and Australia. Review of Integrative Business and Economics Research, 6, 121.
Sujoko, S. (2007). Pengaruh Kepemilikan Saham, Leverage, Terhadap Nilai Perusahaan. Jurnal Manajemen Dan Kewirausahaan, Nomor, 19.
Sulistya, A. F., & Sukartha, P. D. Y. (2013). Pengaruh Prior Opinion, Pertumbuhan dan Mekanisme Corporate Governance Pada Pemberian Opini Audit Going Concern. E-Jurnal Akuntansi Universitas Udayana, 5, 17–32.
Triwinasis, C. R. (2013). Pengaruh Good Corporate Governanceterhadap Kinerja Keuangan (Studi Kasus Pada Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2011-2012). Universitas Negeri Semarang.
Widyati, M. F. (2013). Pengaruh dewan direksi, komisaris independen, komite audit, kepemilikan manajerial dan kepemilikan institusional terhadap kinerja keuangan. Jurnal Ilmu Manajemen, 1(1), 234–249.
Wiranata, Y. A., & Nugrahanti, Y. W. (2013). Pengaruh struktur kepemilikan terhadap profitabilitas perusahaan manufaktur di Indonesia. Jurnal Akuntansi Dan Keuangan, 15(1), 15–26.
Xin, W. Z. (2014). The impact of ownership structure and capital structure on financial performance of Vietnamese firms. International Business Research, 7(2), 64.
https://kemenperin.go.id/artikel/20298/Industri-Makanan-dan-Minuman-Jadi Sektor-Kampiun-
www.idx.co.id
www.ojk.co.id
Amran, N. A., & Ahmad, A. C. (2013). Effects of ownership structure on Malaysian companies performance. Asian Journal of Accounting and Governance, 4, 51–60.
Arifani, R. (2012). Pengaruh good corporate governance terhadap kinerja keuangan Perusahaan (studi pada perusahaan yang tercatat di bursa efek indonesia). Jurnal Ilmiah Mahasiswa FEB, 1(2).
Arosa, B., Iturralde, T., & Maseda, A. (2012). Board of directors and firm performance in Spanish non-listed family firms. Retrieved from Google Scholar.
Candradewi, I., & Sedana, I. B. P. (2016). Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional dan Dewan Komisaris Independen Terhadap Return On Asset. E-Jurnal Manajemen Universitas Udayana, 5(5).
Dewi, A. S. (2018). Hubungan Kausal Antara Kepemilikan Manajerial, Dewan Direksi Dan Kinerja Keuangan Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia.
Fadillah, A. R. (2017). Analisis Pengaruh Dewan Komisaris Independen, Kepemilikan Manajerial dan Kepemilikan Institusional terhadap Kinerja Perusahaan yang Terdaftar di LQ45. Jurnal Akuntansi, 12(1), 37–52.
Gugong, B. K., Arugu, L. O., & Dandago, K. I. (2014). The impact of ownership structure on the financial performance of listed insurance firms in Nigeria. International Journal of Academic Research in Accounting, Finance and Management Sciences, 4(1), 409–416.
Gull, A. A., Toquer Akram, M. B., & Muzaffar, Z. (2013). Do Board Independence Carry Value? A Case Study of Pakistani Banks. Research Journal of Management Sciences ISSN, 2319, 1171.
Halim, A., & Hanafi, M. M. (2009). Analisis Laporan Keuangan Edisi 4. UPP STIM YKPN. Yogyakarta.
Hermiyetti, H., & Katlanis, E. (2017). Analisis Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional, Kepemilikan Asing, dan Komite Audit terhadap Kinerja Keuangan Perusahaan. Media Riset Akuntansi, 4(2), Hal-93.
Imam, G., & Chariri, A. (2007). Teori Akuntansi. Semarang: Badan Penerbit Universitas Diponegoro.
Jusoh, M. A., Ahmad, A., & Omar, B. (2013). Managerial ownership, audit quality and firm performance in Malaysian. International Journal of Arts and Commerce, 2(10), 45–58.
Kusmayadi, D., Rudiana, D., & Badruzaman, J. (2015). Good Corporate Governance. Hasil Reviewer, 1–158.
Kutubi, S. S. (2011). Board of director’s size, independence and performance: An analysis of private commercial banks in Bangladeshi. World Journal of Social Sciences, 1(4), 159–178.
Larasati, S., Titisari, K. H., & Nurlaela, S. (2017). Pengaruh Good Corporate Governance Dan Corporate Social Responsibility Terhadap Kinerja Keuangan Perusahaan Manufaktur yang Terdaftar di BEI.
Latief, R., Syed, H., & Syed, A. (2014). Impact of corporate governance on performance of privatized firms; Evidence from Non-Financial Sector of Pakistan. Middle-East Journal of Scientific Research, 19(3), 360–366.
Masry, M. (2016). The Impact of Institutional Ownership on the Performance of Companies Listed In the Egyptian Stock Market. IOSR Journal of Economics and Finance (IOSR-JEF), 7, 5–15.
Mulyadi, A., TITISARI, K. H., & NURLAELA, S. (2019). The Effect Of Good Corporate Governance and Capital Structure on Financial Performanve Empiris Study on Consumtion Industrial company year Periode (2015-2017). JURNAL WIDYA GANECWARA, 28(2), 1–11.
Noviawan, R. A., & Septiani, A. (2013). Pengaruh mekanisme corporate governance dan Struktur kepemilikan terhadap kinerja keuangan. Fakultas Ekonomika dan Bisnis.
Nuhu, M. S., Umaru, S. Y., & Salisu, S. (2017). The effect of audit committee’s quality on the financial performance of food and beverages industry in Nigeria. International Journal of Business and Management Invention, 6(9), 32–40.
Ongore, V. O., & Owoko, P. (2011). Effects of selected corporate governance characteristics on firm performance: Empirical evidence from Kenya. International Journal of Economics and Financial Issues, 1(3), 99.
Rachmad, A. A. (2013). Pengaruh Penerapan Corporate Governance Berbasis Karakteristik Manajerial Pada Kinerja Perusahaan Manufaktur. E-Jurnal Akuntansi Universitas Udayana, H, 678–696.
Riantono, I. E. (2014). Pengelolaan Manajemen Modern Dalam Mewujudkan Good Corporate Governance: Optimalisasi Pencapaian Tujuan Perusahaan. Binus Business Review, 5(1), 315–322.
Saidu, S. A., & Gidado, S. (2018). Managerial Ownership and Financial Performance of Listed Manufacturing Firms in Nigeria. International Journal of Academic Research in Business and Social Sciences, 8(9), 1227–1243.
Sekaredi, S., & Adiwibowo, A. S. (2011). Pengaruh Corporate Governance Terhadap Kinerja Keuangan Perusahaan (Studi Pada Perusahaan yang Terdaftar di LQ45 Tahun 2005-2009). Universitas Diponegoro.
Shah, S. Z. A., & Hussain, Z. (2012). Impact of ownership structure on firm performance evidence from non-financial listed companies at Karachi Stock Exchange. International Research Journal of Finance and Economics, 84, 6–13.
Subroto, H., Sari, D. I., & Nurlaela, S. (2016). Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Perusahaan Real Estate & Property. Seminar Nasional UNIBA Surakarta, 2(1), 323–332.
Sugiyono, P. D. (2014). Populasi dan sampel. Metode Penelitian Kuantitatif, Kualitatif Dan R&D, 291, 292.
Suhardjanto, D., & Ajibroto, N. (2017). Ownership structure and financial performance: an empirical study of listed airlines industry in Asia and Australia. Review of Integrative Business and Economics Research, 6, 121.
Sujoko, S. (2007). Pengaruh Kepemilikan Saham, Leverage, Terhadap Nilai Perusahaan. Jurnal Manajemen Dan Kewirausahaan, Nomor, 19.
Sulistya, A. F., & Sukartha, P. D. Y. (2013). Pengaruh Prior Opinion, Pertumbuhan dan Mekanisme Corporate Governance Pada Pemberian Opini Audit Going Concern. E-Jurnal Akuntansi Universitas Udayana, 5, 17–32.
Triwinasis, C. R. (2013). Pengaruh Good Corporate Governanceterhadap Kinerja Keuangan (Studi Kasus Pada Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2011-2012). Universitas Negeri Semarang.
Widyati, M. F. (2013). Pengaruh dewan direksi, komisaris independen, komite audit, kepemilikan manajerial dan kepemilikan institusional terhadap kinerja keuangan. Jurnal Ilmu Manajemen, 1(1), 234–249.
Wiranata, Y. A., & Nugrahanti, Y. W. (2013). Pengaruh struktur kepemilikan terhadap profitabilitas perusahaan manufaktur di Indonesia. Jurnal Akuntansi Dan Keuangan, 15(1), 15–26.
Xin, W. Z. (2014). The impact of ownership structure and capital structure on financial performance of Vietnamese firms. International Business Research, 7(2), 64.
https://kemenperin.go.id/artikel/20298/Industri-Makanan-dan-Minuman-Jadi Sektor-Kampiun-
www.idx.co.id
www.ojk.co.id
Published
2020-07-10
How to Cite
AGATHA, Bella Riantiarta; NURLAELA, Siti; SAMROTUN, Yuli Chomsatu.
Kepemilikan Manajerial, Institusional, Dewan Komisaris Independen, Komite Audit dan Kinerja Keuangan Perusahaan Food and Beverage.
E-Jurnal Akuntansi, [S.l.], v. 30, n. 7, p. 1811 - 1826, july 2020.
ISSN 2302-8556.
Available at: <https://ojs.unud.ac.id/index.php/akuntansi/article/view/60458>. Date accessed: 19 apr. 2024.
doi: https://doi.org/10.24843/EJA.2020.v30.i07.p15.
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