PENGARUH OWNERSHIP STRUCTURE, PEMBERIAN REMUNERASI DIREKSI TERHADAP KINERJA KEUANGAN PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2016-2020: SEBELUM DAN MASA PANDEMI COVID-19
DOI:
https://doi.org/10.35384/jamie.v1i2.466Keywords:
Managerial Ownership, Institutional Ownership, Directors Remuneration, Financial Performance, COVID-19 PandemicAbstract
The purpose of this research is to analyze and to provide evidence of the effect of Ownership Structure, Directors’ Remuneration on Financial Performance. This study uses data from 40 banking companies listed on the Indonesia Stock Exchange in the period of 2016-2020. This research method uses secondary data with a sampling method in the form of purposive sampling. The hypotheses in this study were tested with descriptive statistics and multiple regression methods. The results of this study indicate that Managerial Ownership have no effect on financial performance before the COVID-19 and have a negative significant effect during the COVID-19. Directors’ Remuneration have a positive and significant effect on financial performance before and during the COVID-19 pandemic. The result of Institutional Ownership have a negative and significant effect on financial performance before the COVID-19, while during the COVID-19 pandemic Institutional Ownership have no effect on financial performance.
References
Abu Haija, A. A., & Alrabba, H. M. (2017). Relationship Between Ownership Structure And Financial Performance. Corporate Ownership And Control, 14(3), 393–398. Https://Doi.Org/10.22495/Cocv14i3c2art13
Akter, S., Ali, M. H., Abedin, M. T., & Hossain, B. (2020). Directors Remuneration And Performance: Evidence From The Textile Sector Of Bangladesh. Journal Of Asian Finance, 7(6), 265–275. Https://Doi.Org/10.13106/Jafeb.2020.Vol7.No6.265
Alabdullah, T. T. Y. (2018). The Relationship Between Ownership Structure And Firm Financial Performance: Evidence From Jordan. Benchmarking: An International Journal, 34(1), 1– 5.
Budiarti, E., & Sulistyowati, C. (2016). Struktur Kepemilikan Dan Struktur Dewan Perusahaan. Jurnal Manajemen Teori Dan Terapan| Journal Of Theory And Applied Management, 7(3),161–177. Https://Doi.Org/10.20473/Jmtt.V7i3.2709
Candradewi, I., & Sedana, I. B. P. (2016). Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional Dan Dewan Komisaris Independen Terhadap Return On Asset. 5(5), 3163–3190.
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. Http://Jurnal.Unsil.Ac.Id/Index.Php/Jak
Fitria, A., Friantin, S. H. E., & Nurdyastuti, T. (2016). Pengaruh Good Corporate Governance Terhadap Profitabilitas Perusahaan Pertambangan Yang Terdaftar Di Bursa Efek Indonesia Periode 2013-2016. 88–99.
Fransiska, Y., S, R. A. E., & Purwanto, N. (2016). Pengaruh Kepemilikan Manajerial Dan Kinerja Keuangan Terhadap Kebijakan Dividen Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2012-2014. Jurnal Riset Mahasiswa Akuntansi Unikama, 4(1), 1–15.
Ibrahim, N. A., Md Zin, N. N., Md. Kassim, A. A., & Tamsir, F. (2019). How Does Directors’ Remuneration And Board Structure Impact On Firm Performance In Malaysia Telecommunication Industry? European Journal Of Business And Management Research, 4(4), 1–7. Https://Doi.Org/10.24018/Ejbmr.2019.4.4.96
Idawati, W., & Wisudarwanto, F. (2021). Tax Avoidance Dan Karakteristik Operasional Terhadap Biaya Hutang. Accounting, 13(1), 17–31.
Jensen, M. C., & Meckling, W. H. (1976). Theory Of The Firm: Managerial Behavior, Agency Costs And Ownership Structure. Corporate Governance: Values, Ethics And Leadership, 3(1976), 77–132. Https://Doi.Org/10.2139/Ssrn.94043
Latief, Z. (2018). Jenis-Jenis Rasio Profitabilitas Menurut Para Ahli Terdiri Dari… (Contoh Analisis Dan Definisinya). Analisis.Co.Id. Jenis-Jenis Rasio Profitabilitas Menurut Para Ahli Terdiri Dari… (Contoh Analisis Dan Definisinya)
Lowardi, R., & Abdi, M. (2021). Pengaruh Pandemi Covid-19 Terhadap Kinerja Dan. Jurnal Manajerial Dan Kewirausahaan, Iii(2), 463.
Mirawati. (2013). Pengaruh Struktur Kepemilikan Dan Ukuran Perusahaan Terhadap Profitabilitas Pada Perusahaan Property Dan Realestate Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Akuntansi, Fakultas Ekonomi, Universitas Maritim Raja Ali Haji, 5(1).
Nilayanti, M., & Suaryana, I. G. N. A. (2019). Pengaruh Kepemilikan Manajerial Dan Kepemilikan Institusional Terhadap Kinerja Keuangan Perusahaan Dengan Kebijakan Deviden Sebagai Pemoderasi. E-Jurnal Akuntansi, 26, 906. Https://Doi.Org/10.24843/Eja.2019.V26.I02.P03
Pangestu, A. P., Agustia, S., & Rachman, R. A. (2019). Pengaruh Pemberian Remunerasi Direksi Terhadap Kinerja Keuangan Perusahaan Publik Di Indonesia. Studi Akuntansi Dan Keuangan Indonesia, 2(1), 49–77. Https://Doi.Org/10.21632/Saki.2.1.49-77
Pirzada, K., Mustapha, M. Z. Bin, & Wickramasinghe, D. (2015). Firm Performance, Institutional Ownership And Capital Structure: A Case Of Malaysia. Procedia- Social And Behavioral Sciences, 211, 170–176. Https://Doi.Org/10.1016/J.Sbspro.2015.11.025
Probohudono, A. N., Perwitasari, D., & Putra, R.P. (2016). Faktor-Faktor Yang Memengaruhi Remunerasi Direksi: Studi Komparasi Perusahaan Di Australia, Singapura, Indonesia, Dan Malaysia. Jurnal Akuntansi Dan Keuangan Indonesia, 13(1), 52–69. Https://Doi.Org/10.21002/Jaki.2016.03
Putera, M. L. S. (2020). Hubungan Remunerasi Bankir Dan Kinerja Perbankan Dalam Perspektif Multivariat. Inovasi, 16(1), 32–41.
Http://Journal.Feb.Unmul.Ac.Id/Index.Php/Inovasi/Article/View/5709
Rehman, M. U. (2016). Impact Of Directors’ Remuneration On Financial Performance Of A Firm. January 2013. Https://Www.Researchgate.Net/Profile/Mobeen-Rehman 2/Publication/293781837_Impact_Of_Directors%27_Remuneration_On_Financial_Perfor
Mance_Of_A_Firm/Links/56bb19eb08aeed65838e9fd9/Impact-Of-Directors- Remuneration-On-Financial-Performance-Of-A-Firm.Pdf
Ritha, H. (2016). Pengaruh Struktur Kepemilikan Dan Ukuran (Size) Perbankan Terhadap. Jurnal Ilmiah Ilmu Administrasi, 8(2), 1689–1699.
Sari, K. F.I., Novitasari, N. L. G., & Widhiastuti, N. L. P. (2017). Pengaruh Struktur Kepemilikan Terhadap Profitabilitas Pada Perusahaan Perbankan Yang Terdaftar Di Bei Tahun 2011-2015. Journal Of Chemical Information And Modeling, 62(9),1689–1699.
Sintyawati, N. L. A., & Dewi, M. R. (2018). Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional Dan Leverage Terhadap Biaya Keagenan Pada Perusahaan Manufaktur. E-Jurnal Manajemen Universitas Udayana, 7(2), 933. Https://Doi.Org/10.24843/Ejmunud.2018.V7.I02.P16
Subramanyam, K. . (2017). Analisis Laporan Keuangan (11th Ed.). Salemba Empat.
Sujoko, & Soebiantoro, U. (2018). Pengaruh Struktur Kepemilikan, Strategi Diversifikasi, Leverage, Faktor Intern Dan Faktor Ekstern Terhadap Nilai Perusahaan (Studi Empirik Pada Perusahaan Manufaktur Dan Non Manufaktur Di Bursa Efek Jakarta). Ekuitas
(Jurnal Ekonomi Dan Keuangan), 11(2),236–254. Https://Doi.Org/10.24034/J25485024.Y2007.V11.I2.317
Sulistiyo, A. (2018). Pengaruh Struktur Kepemilikan Saham Dan Remunerasi Dewan Direksi Terhadap Profitabilitas Perbankan Syariah (Studi Pada Bank Umum Syariah Periode 2013-2017).
Surayya, & Kadang, J. (2020). Struktur Kepemilikan Saham Terhadap Profitabilitas Dan Nilai Pada Perusahaan Perbankan. Journal Of Business And Banking, 10(1), 105. Https://Doi.Org/10.14414/Jbb.V10i1.2152
Warouw, C. V., Tommy, P., & Arie, F. V. (2018). Pengaruh Struktur Kepemilikan Dan Ukuran Dewan Direksi Terhadap Kinerja Perbankan Pada Bank Pembangunan Daerah Indonesia Tahun 2011-2015. Jurnal Emba: Jurnal Riset Ekonomi, Manajemen, Bisnis Dan Akuntansi, 6(1), 21–30. Https://Doi.Org/10.35794/Emba.V6i1.18706
Downloads
Published
Issue
Section
License
Copyright (c) 2023 Journal of Accounting, Management and Islamic Economics
This work is licensed under a Creative Commons Attribution 4.0 International License.