Ownership Structure And Risk Management Moderated By Audit Committee On Firm Performance

Muhammad Fauzan; Amanda Jonatan Puteri; Hendro Prasetio; Henny Setyo Lestari; Farah Margaretha

doi:10.24912/je.v29i1.2044

Authors

Muhammad Fauzan Fakultas Ekonomi dan Bisnis, Universitas Trisakti Jakarta, Indonesia
Amanda Jonatan Puteri Fakultas Ekonomi dan Bisnis, Universitas Trisakti Jakarta, Indonesia
Hendro Prasetio Fakultas Ekonomi dan Bisnis, Universitas Trisakti Jakarta, Indonesia
Henny Setyo Lestari Fakultas Ekonomi dan Bisnis, Universitas Trisakti Jakarta, Indonesia
Farah Margaretha Fakultas Ekonomi dan Bisnis, Universitas Trisakti Jakarta, Indonesia

DOI:

https://doi.org/10.24912/je.v29i1.2044

Keywords: Ownership Structure; Enterprise Risk Management; Audit Committee; Firm Performance.

Abstract

The purpose of this study is to obtain empirical evidence regarding the effect of managerial ownership, ownership concentration, institutional ownership, and enterprise risk management on firm performance before and after moderated by audit committee. This study used consumer and non consumer cyclicals sector companies listed on the Indonesia Stock Exchange in 2018-2022. Samples were selected by purposive sampling method and the data used were 235 data. The data obtained was processed using the E-Views 13 program to analyze panel data regression. Based on research conducted, the results are managerial ownership, ownership concentration, and institutional ownership has a positive significant effect on firm performance. After moderated by audit committee, managerial ownership and ownership concentration negatively moderated on firm performance. As a control variable, firm size and leverage has a negative significant effect on firm performance.

Author Biographies

Muhammad Fauzan, Fakultas Ekonomi dan Bisnis, Universitas Trisakti Jakarta, Indonesia

122012211077@std.trisakti.ac.id

Amanda Jonatan Puteri , Fakultas Ekonomi dan Bisnis, Universitas Trisakti Jakarta, Indonesia

122012211043@std.trisakti.ac.id

Hendro Prasetio , Fakultas Ekonomi dan Bisnis, Universitas Trisakti Jakarta, Indonesia

122012211063@std.trisakti.ac.id

Henny Setyo Lestari , Fakultas Ekonomi dan Bisnis, Universitas Trisakti Jakarta, Indonesia

henny_setyo_lestari@trisakti.ac.id

Farah Margaretha , Fakultas Ekonomi dan Bisnis, Universitas Trisakti Jakarta, Indonesia

farahmargaretha@trisakti.ac.id

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