Abstract
The purpose of this research is to examine the effect of CEO power on firm performance and the moderating influence of independent board on the relationship between CEO power and firm performance. Indicator of CEOs Power studied were the CEO ownership in the company (CEO Ownership). The firm performance studied with the calculation of PE Ratio. Then, the independent board is a proportion of independent board on the board of commissioners. The research is conducted by quantitative methods using secondary data. Secondary data comes from the company's annual report listed on the Indonesian Stock Exchange. This research population is company listed on the Indonesian Stock Exchange, and then the samples were taken by purposive sampling with criteria manufacture company that not suffered lossesduringthe observation process and have the data required in this study, in order to obtaina sample of 267 companies. This study use sregression analysis to the test the parameters individually significant (t - test). The result of the hypothesis test indicates that the CEO Power with CEO ownership as indicator has no effecton the firm performance with PE ratios are calculated, and the independent board based on the proportion of independent board does not have a moderating effecton the relationship between CEO power and firm performance.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Jurnal Ilmu Manajemen dan Akuntansi Terapan (JIMAT)
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
