ANALISA PENGARUH TATA KELOLA PERUSAHAAN DAN STRUKTUR MODAL TERHADAP KINERJA PERUSAHAAN DI BURSA EFEK INDONESIA TAHUN 2016-2020
Abstract
Sebuah perusahaan yang berkinerja baik dapat menghasilkan laba yang lebih tinggi dengan jangka waktu yang panjang dan menghasilkan kesempatan kerja serta mendorong kenaikan harga pasar untuk menarik investor dalam menginvestasikan dananya. Penelitian ini bertujuan untuk mengetahui pengaruh dari tata kelola perusahaan dan struktur modal terhadap kinerja perusahaan dengan metode kuantitatif menggunakan data laporan perusahaan terdaftar di Bursa Efek Indonesia periode 2016-2020 yang diolah menggunakan aplikasi SPSS dan Eviews. Hasil penelitian menemukan bahwa variabel ukuran dewan direksi, ukuran komite audit, independensi direksi, rasio lancar, hutang terhadap ekuitas, hutang jangka panjang dan hutang jangka pendek terhadap aset berhubungan secara signifikan terhadap kinerja perusahaan. Variabel independensi komite audit tidak terbukti hubungan signifikansinya terhadap kinerja dengan ROA dan ROE.
References
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Ahmed Sheikh, N., & Wang, Z. (2013). "The impact of capital structure on performance: An empirical study of non-financial listed firms in Pakistan." International Journal of Commerce and Management, 23(4), 354–368. https://doi.org/10.1108/IJCoMA-11-2011-0034
Alabdullah, T. T. Y., & Ahmed, E. R. (2020). “Audit Committee Impact on Corporate Profitability in Oman Companies: an Auditing and Management Accounting Perspective.” Riset Akuntansi dan Keuangan Indonesia, 5(2). doi:10.23917/reaksi.v5i2.11836
Alqatamin, R. (2018). “Audit Committee Effectiveness and Company Performance: Evidence from Jordan.” Accounting and Finance Research, 7(2). doi:10.5430/afr.v7n2p48
Alshetwi, M. (2017). “The Association between Board Size, Independence and Firm Performance: Evidence from Saudi Arabia.” Type: Double Blind Peer Reviewed International Research Journal Publisher: Global Journals Inc, 17.
Austin, J. (2018). "Pengaruh Current Ratio, Inventory Turnover, Firm Size dan Debt To Equity Ratio Terhadap Profitabilitas pada Perusahaan Wholesale dan Retail di Bursa Efek Indonesia Periode 2013-2016." Retrieved from http://repository.untar.ac.id/27144/.
Aziz, S., & Abbas, U. (2019). "Effect of Debt Financing on Firm Performance: A Study on Non-Financial Sector of Pakistan." Open Journal of Economics and Commerce, 2(1), 8–15. https://www.academia.edu/download/60199254/320190804-4433-1wvhxbk.pdf
Dada, A. O., & Ghazali, Z. B. (2016). "The Impact of Capital Structure on Firm Performance: Empirical Evidence from Nigeria." IOSR Journal of Economics and Finance, 07(04), 23–30. https://doi.org/10.9790/5933-0704032330
Dzingai, I., & Fakoya, M. (2017). "Effect of corporate governance structure on the financial performance of johannesburg stock exchange (JSE)-listed mining firms." Sustainability (Switzerland), 9(6). doi:10.3390/su9060867
Gharaibeh, O. K., & Bani Khaled, M. H. (2020). “Determinants of profitability in Jordanian services companies.” Investment Management and Financial Innovations, 17(1), 277–290. https://doi.org/10.21511/imfi.17(1).2020.24
Helmy Qeshta, M., Abu Alsoud, G., Hezabr, A., Ali, B., & Salem Oudat, M. (2021). "Audit Committee Characteristics and Firm Performance: Evidence from the Insurance Sector in Bahrain." Revista Gestão Inovação e Tecnologias, 11(2).
Ibrahim, H. B., Ouma, C., & Koshal, J. O. (2019). "Effect of Audit Committee Independence on the Financial Performance of Insurance Firms in Kenya." International Journal of Research in Business and Social Science (2147- 4478), 8(6), 15–24. https://doi.org/10.20525/ijrbs.v8i6.501
Irman, M., & Purwati, A. A. (2020). "Analysis On The Influence Of Current Ratio, Debt to Equity Ratio and Total Asset Turnover Toward Return On Assets On The Otomotive and Component Company That Has Been Registered In Indonesia Stock Exchange Within 2011-2017." International Journal of Economics Development Research (IJEDR), 1(1), 36–44. https://doi.org/10.37385/ijedr.v1i1.26
Kao, M. F., Hodgkinson, L., & Jaafar, A. (2019). "Ownership structure, board of directors and firm performance: evidence from Taiwan." Corporate Governance (Bingley), 19(1), 189–216. https://doi.org/10.1108/CG-04-2018-0144
Kasasbeh, F. (2021). "Impact of financing decisions ratios on firm accounting-based performance: evidence from Jordan listed companies." Future Business Journal, 7(1). doi:10.1186/s43093-021-00061-0
Koji, K., Adhikary, B. K., & Tram, L. (2020). "Corporate Governance and Firm Performance : A Comparative Analysis between Listed Family and Non-Family Firms in Japan." Saito 2008.
Oke, L., Saheed, D., & Quadri, Y. (2019). "An Empirical Analysis Of Corporate Capital Structure and Financial Performance of Listed Conglomerates In Nigeria." Copernican Journal of Finance & Accounting, 8(3).
Peterson, W., Gijsbers, G., & Wilks, M. (2003). "An Organizational Performance Assessment System for Agricultural Research Organizations: Concepts, Methods, and Procedures." ISNAR Research Management Guidelines No. 7, The Hague: International Service for National Agricultural Research.
Rahman, A. (2017). "The relationship between solvency ratios and profitability ratios: Analytical study in food industrial companies listed in Amman Bursa." International Journal of Economics and Financial Issues, 7(2), 86-93.
Rosikah, Prananingrum, D. K., Muthalib, D. A., Azis, M. I., & Rohansyah, M. (2018). "Effects of Return on Asset , Return On Equity , Earning Per Share on Corporate Value." The International Journal of Engineering and Science (IJES, 7(3), 6–14. https://doi.org/10.9790/1813-0703010614
Senopati, B. (2020). "The Fall of Jiwasraya: A Lapse in Corporate Governance.”
Sivalingam, L., & Kengatharan, L. (2018). "Capital structure and financial performance: A study on commercial banks in Sri Lanka." Asian Economic and Financial Review, 8(5). doi:10.18488/journal.aefr.2018.85.586.598
Twairesh, A. (2014). "The Impact of Capital Structure on Firm’s Performance Evidence from Saudi Arabia." Journal of Applied Finance & Banking, 4(2). doi:10.13106/JAFEB.2020.VOL7.NO4.97.
Zulkarnaen, W., Fitriani, I. D., & Sasangka, I. (2021). Model Tata Kelola Amal Usaha Muhammadiyah Berbasis Sistem Informasi Manajemen Di Wilayah PDM Kota Bandung. Jurnal Ilmiah MEA (Manajemen, Ekonomi, & Akuntansi), 5(1), 63-78.
Published
2021-10-22
How to Cite
Supriyanto, S., & Soe, J. (2021). ANALISA PENGARUH TATA KELOLA PERUSAHAAN DAN STRUKTUR MODAL TERHADAP KINERJA PERUSAHAAN DI BURSA EFEK INDONESIA TAHUN 2016-2020. Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA), 5(3), 1764-1778. https://doi.org/10.31955/mea.v5i3.1625
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Articles
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