Corporate Governance: Determining of the Performance of Indonesia Companies

Abstract

The purpose if this study is to determine the effect of the implementation of corporate governance mechanisms, namely independent variables are considirng og the board of commissioners, managerial ownership, foreign ownership, debt financing, and audit quality. The dependent variable is company performance with control variables, which are company size and company age. The data used in this study are secondary data involving 103 companies listed on the Indonesia Stock Exchange fo rthe period 2015-2018. The dat aused in this study were analyzed using SPSS version 25. The results of this study show that: the board of commiccioners, managerial ownership, foreign ownership, debt financing and the only variable quality audit that affect the performance of company late while variable size and age of the company can not be a variable control of the performance of the company.

Keywords: Coporate Governance, Board of Commissioners, Managerial Ownership, Foreign Ownership, Debt Financing, Audit Quality, Company Size, Age, Company Performance.

DOI: 10.7176/RJFA/11-4-06

Publication date: February 29^th 2020