DETERMINANT CORPORATE GOVERNANCE AND OWNERSHIP STRUCTURE IN INCREASING THE COMPANY'S FINANCIAL PERFORMANCE

Authors

  • Suhendar Suhendar Universitas Islam Negeri Raden Intan, Indonesia
  • Wildoms Sahusilawane Universitas Terbuka, Indonesia
  • Teguh Setiawan Wibowo STIE Mahardhika Surabaya, Indonesia
  • Irwan Moridu Universitas Muhammadiyah Luwuk, Indonesia
  • Inova Fitri Siregar Universitas Lancang Kuning, Indonesia

DOI:

https://doi.org/10.29040/ijebar.v7i1.8410

Abstract

This research is motivated by the importance of the company's financial performance as a decision-making material for stakeholders. This study aims to identify and analyze the Determinants of Corporate Governance and Ownership Structure in Improving Corporate Financial Performance. This research method is descriptive with a quantitative approach. The population in this study are all property companies listed on the IDX for 2018-2021. The sample of this research is 15 companies according to the criteria. Research data was obtained from the annual report for the 2018-2021 period. The analytical method used is panel data regression analysis with Eviews for Windows version 9.0 software. The results showed that 1) Corporate governance has a positive and significant effect on the company's financial performance, 2) Ownership structure has a positive and significant effect on the company's financial performance, and 3) Corporate governance and ownership structure have a positive and significant effect on the company's financial performance. The findings of this study indicate that if a company wants to improve its financial performance, the company must improve its corporate governance and ownership structure.

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Published

2023-03-08

How to Cite

Suhendar, S., Sahusilawane, W., Wibowo, T. S., Moridu, I., & Siregar, I. F. (2023). DETERMINANT CORPORATE GOVERNANCE AND OWNERSHIP STRUCTURE IN INCREASING THE COMPANY’S FINANCIAL PERFORMANCE. International Journal of Economics, Business and Accounting Research (IJEBAR), 7(1). https://doi.org/10.29040/ijebar.v7i1.8410

Issue

Vol. 7 No. 1 (2023): IJEBAR, VOL. 07 ISSUE 01, MARCH 2023

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