Pengaruh Dewan Komisaris Independen, Kepemilikan Institusional, Komite Audit, dan Green Accounting terhadap Profitabilitas Sektor Consumer Non-Cyclicals

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.