THE INFLUENCE OF OWNERSHIP STRUCTURE AND GOOD CORPORATE GOVERNANCE TO COMPANY FINANCIAL PERFORMANCE TO ENCOUNTER THE COVID-19 PANDEMIC IN RETAIL TRADE COMPANIES LISTED ON THE ISE FOR THE 2015–2019 PERIOD

Abstract

This study aims to determine whether the ownership structure (managerial ownership, institutional ownership, and company size) and good corporate governance (board of commissioners, independent board of commissioners, board of directors, and audit committee) affect the company's financial performance in listed retail trade sector companies. on the ISE for the period 2015-2019. The research method used in this research is descriptive and verification methods. The research population is the retail trade sector companies listed on the ISE for the 2015-2019 period, totaling 24 companies. The sampling technique used was non-probability sampling with a purposive sampling method, so that the sample size was 8 companies. The data analysis used is multiple linear regression analysis using Eviews 9. The results showed that managerial ownership, the board of commissioners, the board of independent commissioners, and the board of directors have an effect on the company's financial performance. Meanwhile, institutional ownership, company size, and audit committee have no effect on the company's financial performance. In addition, the magnitude of the influence of managerial ownership, institutional ownership, company size, the board of commissioners, the independent commissioner board, the board of directors, and the audit committee in contributing to the influence of the company's financial performance is 91.7%