Pengaruh Kepemilikan Institusional, Komite Audit dan Dewan Komisaris Independen Terhadap Financial Performance

Abstract

The focus of this study is to examine the factors comprising institutional ownership, independent board of commissioners, and audit committees in relation to the financial performance of property and real estate sector issuers listed on the Indonesia Stock Exchange (IDX) for the 2021–2025 period. A quantitative approach was employed by utilizing secondary data gathered from corporate financial reports. The sample selection procedure applied a purposive sampling technique based on specific criteria, yielding a total of 57 sample companies with 285 observation data points. All data testing procedures were conducted using the E-views 12 software. The simultaneous test results indicate that institutional ownership, the audit committee, and the independent board of commissioners collectively influence financial performance. Conversely, partial testing concludes that the audit committee has an effect on financial performance, whereas institutional ownership and the independent board of commissioners show no significant effect.