Pengaruh Dewan Komisaris Independen, Kepemilikan Institusional, Komite Audit, dan Green Accounting terhadap Profitabilitas Sektor Consumer Non-Cyclicals
Jul 2026· Trending: Jurnal Manajemen dan Ekonomi· Vol 4, pp. 321-336· 0 citations
Abstract
This study aims to analyze the effect of the Independent Board of Commissioners, Institutional Ownership, Audit Committee, and Green Accounting on Profitability in the Consumer Non-Cyclicals sector listed on the Indonesia Stock Exchange for the 2021-2024 period. This research uses a quantitative approach with an associative type of approach. The population in this study is all companies in the Consumer Non-Cyclicals sector listed on the Indonesia Stock Exchange. The research sample was determined using a purposive sampling technique, resulting in 17 companies with a total of 68 observations during the research period. The data used are secondary data obtained from annual reports and sustainability reports. The data analysis technique used is multiple linear regression analysis with the help of SPSS version 27. The results show that the Independent Board of Commissioners has a positive and significant effect on Profitability. Institutional Ownership has a negative and insignificant effect on Profitability. The Audit Committee has a negative and significant effect on Profitability. Green Accounting has a positive and insignificant effect on Profitability. The findings indicate that the corporate governance mechanism proxied by the Independent Board of Commissioners plays a role in improving company Profitability, while Institutional Ownership, the Audit Committee, and Green Accounting have not been able to optimally improve profitability in Consumer Non-Cyclicals sector companies during the research period.
This study aims to analyze the effect of independent commissioners, audit committees, and institutional ownership on stock returns of companies listed on the Indonesia Stock Exchange during the 2021–2024 period. The background of this research is based on the importance of implementing good corporate governance in enhancing investor confidence and capital market performance, particularly in the context of post-pandemic market dynamics characterized by economic uncertainty and stock price volatility. This study employs a quantitative approach to examine the causal relationship between independent and dependent variables in an objective, systematic, and measurable manner. The data used in this study are secondary data obtained from companies’ financial statements and other relevant officially published sources. The analytical method applied is panel data regression using EViews software, preceded by model selection tests and classical assumption tests to ensure the validity and reliability of the results. The findings indicate that, partially, independent commissioners and institutional ownership do not have a significant effect on stock returns. In contrast, the audit committee shows a significant effect, indicating that the effectiveness of the monitoring function is able to enhance investor confidence in the company.These findings suggest that not all corporate governance mechanisms have a direct impact on stock return movements in the capital market. Therefore, it can be concluded that the audit committee is a key factor influencing stock returns, while independent commissioners and institutional ownership have not demonstrated a significant effect. This study is expected to contribute to companies in improving governance effectiveness and to serve as a reference for investors in evaluating the quality of internal control. Furthermore, future research is recommended to extend the observation period, include additional financial control variables such as ROA, ROE, and dividend policy, and consider external factors such as macroeconomic conditions to obtain more comprehensive and generalizable results.
Pengaruh Komisaris Independen, Komite Audit, Dan Kepemilikan et al.· Jurnal Akuntansi Keuangan da...· 0 citations
Carbon emission disclosure has become an important aspect of corporate sustainability reporting as stakeholders increasingly demand greater environmental transparency. This study aims to examine the influence of the board of commissioners, board of directors, institutional ownership, and audit committee on carbon emission disclosure in energy, industrial, and infrastructure companies listed on the Indonesia Stock Exchange during the 20212023 period. This research employed a quantitative approach using secondary data obtained from annual reports and sustainability reports. The sample was selected using purposive sampling, resulting in 366 firm-year observations. Data were analyzed using multiple linear regression with IBM SPSS. The results indicate that the board of commissioners and the board of directors do not have a significant effect on carbon emission disclosure. Institutional ownership has a positive and significant effect, indicating that institutional investors encourage greater environmental transparency. Meanwhile, the audit committee has a significant but negative effect, suggesting that its supervisory role remains primarily focused on financial reporting rather than environmental disclosure. Overall, the findings imply that corporate governance mechanisms have not fully enhanced carbon emission disclosure, except through the monitoring role of institutional ownership. This study contributes to the literature on corporate governance and environmental disclosure and provides practical implications for companies and investors in improving sustainability reporting practices.
Dera Putri Amelya, Vinola Herawaty· Jurnal Pemimpin Bisnis Inova...· 0 citations
This research aims to test the influence of institutional ownership, company age, capital structure, and company size on company value. This research is a quantitative research. The population in this study is a non-cyclical Consumer sector company listed on the Indonesia Stock Exchange (IDX) during the period of 2020-2024. The sampling method uses purposive sampling technique with a sample of 80 research data. This research uses a panel data regression method with the help of Eviews 12 software. Research shows that the company's age has a negative effect on the company's value, while institutional ownership, capital structure, and company size do not affect the company's value. The results of this study provide theoretical implications that the age of the company is a factor that can affect the value of the company in the non-cyclical consumer sector, as well as practical implications for management and investors to consider the sustainability factor and the company's experience in decision making.
This study aims to analyze the effect of audit quality and company characteristics on the practice of income smoothing in manufacturing companies listed on the Indonesia Stock Exchange during the 2022–2024 period. The independent variables in this study consist of audit quality, company size, profitability, leverage, and company age, while the dependent variable is income smoothing measured using the Eckel Index. This study employs a quantitative approach with a causal associative research method. The data used are secondary data in the form of annual financial statements obtained from the official website of the Indonesia Stock Exchange. The sampling technique used was purposive sampling, resulting in 84 companies with a total of 252 observation data. Data analysis was conducted using multiple linear regression through descriptive statistical tests, classical assumption tests, t-tests, F-tests, and the coefficient of determination. The results show that audit quality, company size, profitability, leverage, and company age do not have a significant effect on the practice of income smoothing, either simultaneously or partially. The F-test significance value of 0.457 indicates that all independent variables collectively are unable to explain variations in income smoothing. In addition, the low coefficient of determination indicates that income smoothing practices are influenced by other factors outside the research model. The classical assumption tests demonstrate that the regression model fulfills the assumptions of normality and is free from multicollinearity, heteroscedasticity, and autocorrelation problems.
This study aims to examine the effects of capital structure, dividend policy, and profitability on firm value, as well as to investigate the moderating role of institutional ownership in energy sector companies listed on the Indonesia Stock Exchange during the 2019–2024 period. This research employed a quantitative approach using secondary data obtained from companies' annual reports and financial statements. The sample was selected using purposive sampling, resulting in 50 companies observed over a six-year period. Data were analyzed using panel data regression with the FEM and robust standard errors estimated through EViews 13. The findings indicate that capital structure and profitability have a positive and significant effect on firm value, while dividend policy has no significant effect. Institutional ownership does not moderate the relationship between capital structure and firm value or between dividend policy and firm value; however, it significantly strengthens the effect of profitability on firm value. These findings suggest that, in the capital-intensive energy sector, firm value is driven more by effective financing decisions and the company's ability to generate profits than by dividend distribution policies. This study implies that energy companies should optimize their capital structure, improve profitability, and strengthen institutional monitoring to enhance firm value.
This study aims to analyze the effect of dividend policy, profitability, and liquidity on firm value in the manufacturing sector listed on the Indonesia Stock Exchange for the 2020–2024 period. The research method used is a quantitative approach with a causal design. Data were collected from the annual financial reports of 10 selected manufacturing companies in the Industrials sector using a purposive sampling technique. Data analysis was performed using panel data regression with a Fixed Effect Model (FEM). The results show that dividend policy has no significant effect on firm value, profitability has no significant effect on firm value, and liquidity has a negative and significant effect on firm value. The Adjusted R-squared value of 79.81% indicates that the three independent variables are able to explain variations in firm value well. This means that higher company liquidity can actually decrease firm value because it indicates inefficiency in asset management.
D. Ayu, Romansyah Sahabuddin, Nurman et al.· SINOMIKA JOURNAL: Publikasi...· 0 citations
