Berkala Akuntansi dan Keuangan Indonesia
Vol. 6 No. 1 (2021): Berkala Akuntansi dan Keuangan Indonesia

IMPLICATIONS OF SUPERVISION OF GOVERNANCE, OWNERSHIP STRUCTURE, AND CORPORATE SOCIAL RESPONSIBILITY ON PROFITABILITY IN COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE

Muhammad Taufik (Universitas Internasional Batam)
Jonathan Jonathan (Unknown)

Article Info

Publish Date
30 Mar 2021

Abstract

This study investigates the implications of governance characteristics oversight - consisting of board of commissioners independent, audit committees number, institutional ownership, and managerial ownership and corporate social responsibility (CSR) on profitability. The regression technique uses panel data with 2,060 data from all types of industries listed on the Indonesia Stock Exchange in 2015-2019. Managerial ownership and CSR have a positive and significant effect on return on assets (ROA) so that they are considered to reduce agency costs. In contrast, board of commissioners independent, audit committees number, and institutional ownership have no effect on ROA thus confirming the decline in corporate governance in Indonesia. Implications of this study contributes to showing the existence of governance regulations "which are only fulfilled" without giving substance and emphasizes that social aspects exist in corporate stakeholder studies.

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Journal Info
Berkala Akuntansi dan Keuangan Indonesia
Website

Abbrev

BAKI

Publisher

Universitas Airlangga

Subject

Humanities Economics, Econometrics & Finance Education Social Sciences

Description

Berkala Akuntansi dan Keuangan Indonesia (BAKI) adalah jurnal ilmiah di bidang akuntansi dan keuangan yang diterbitkan oleh Universitas Airlangga bekerjasama dengan Ikatan Akuntan Indonesia Kompartemen Akuntansi Pendidik (IAI-KAPd). BAKI terbit setiap Maret dan September sebagai media untuk ...