PENGARUH KEPEMILIKAN INSTITUSIONAL, DEWAN KOMISARIS INDEPENDEN, KOMITE AUDIT, DAN CORPORATE SOSIAL RESPONSIBILITY TERHADAP KINERJA KEUANGAN (Studi Empiris Pada Perusahaan Pertambangan Yang Terdaftar Di Bursa Efek Indonesia pada tahun 2016-2020)

Abstract

This study aims to determine the effect of Institutional Ownership, Independent Board of Commissioners, Audit Committee, and Corporate Social Responsibility on Financial Performance. The object of this research is a mining company listed on the Indonesia Stock Exchange in 2016-2020.The number of samples used were 30 mining companies. The research method used in this research is descriptive method. The classical assumption test consists of normality test, autocorrelation test, multicollinearity test, and heteroscedasticity test. Multiple Linear Regression Test, Coefficient of Determination Test, Simultaneous Parameter Significance Test (F- Test), and Partial Test (t-Test).The results of testing the hypothesis of this study prove that the variables of institutional ownership and the audit committee have a positive effect on financial performance. Meanwhile, independent board of commissioners and corporate social responsibility have no effect on financial performance. Theresults of the f test together with independent variables including institutional ownership, independent board of commissioners, audit committee, and corporate social responsibility affect the financial performance of mining companies listed on the Indonesia Stock Exchange in 2016-2021. The value of the coefficient of determination or (Adjusted R²) of the tested equation is 39%. This indicates that financial performance can only be explained by 39% by the variables of Institutional Ownership, Independent Board of Commissioners, Audit Committee, and Corporate Social Responsibility while the rest is explained by other variables outside the equation.