Pengaruh Family Ownership, CEO duality, dan Political Connection terhadap Firm Performance

This study aims to examine the effect of family ownership and CEO duality moderated by political connection on firm performance. Using purposive sampling method, the research observation uses data from 34 companies in the mining industry in the mining sector listed on the Indonesia Stock Exchange (IDX) during 2018-2023 totaling 200 data samples. The data was tested using software Eviews 12 with moderation regression models with the most suitable model estimation is Common Effect Model (CEM). To measure the dependent variable from this study, which is firm performance, this study uses Return on Assets (ROA) as a parameter. As a result of the moderation regression, family ownership has a positive significant effect on firm performance. CEO Duality has no effect on firm performance. Family ownership moderated by political connection has no effect on firm performance. Lastly, CEO Duality moderated by political connection has no effect on firm performance.

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Publication Details

Journal
El-Mal Jurnal Kajian Ekonomi & Bisnis Islam
Published
2024-10-03
DOI
https://doi.org/10.47467/elmal.v5i10.5206
Primary Topic
Financial Analysis and Corporate Governance
Type
article
Field-Weighted Citation Impact
0.00
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article

Pengaruh Family Ownership, CEO duality, dan Political Connection terhadap Firm Performance

Rousilita Suhendah, Dinara Dosen
El-Mal Jurnal Kajian Ekonomi & Bisnis Islam
Financial Analysis and Corporate Governance
article

Pengaruh Family Ownership, CEO duality, dan Political Connection terhadap Firm Performance

Rousilita Suhendah, Dinara Dosen
article en

Abstract

This study aims to examine the effect of family ownership and CEO duality moderated by political connection on firm performance. Using purposive sampling method, the research observation uses data from 34 companies in the mining industry in the mining sector listed on the Indonesia Stock Exchange (IDX) during 2018-2023 totaling 200 data samples. The data was tested using software Eviews 12 with moderation regression models with the most suitable model estimation is Common Effect Model (CEM). To measure the dependent variable from this study, which is firm performance, this study uses Return on Assets (ROA) as a parameter. As a result of the moderation regression, family ownership has a positive significant effect on firm performance. CEO Duality has no effect on firm performance. Family ownership moderated by political connection has no effect on firm performance. Lastly, CEO Duality moderated by political connection has no effect on firm performance.

El-Mal Jurnal Kajian Ekonomi & Bisnis IslamVol. 5(10)
Tarumanagara University (ID)
Openalex Percentile: Top 72%
Financial Analysis and Corporate Governance
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Pengaruh Family Ownership, CEO duality, dan Political Connection terhadap Firm Performance — Rousilita Suhendah, Dinara Dosen · El-Mal Jurnal Kajian Ekonomi & Bisnis Islam (2024) | TGRS Research Map | TGRS