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Good Corporate Governance and Business Scale: Their Impact on Company Financial Performance Rusmaya, Devita Rizki; Rahmah, Mulia; Loen, Mishelei
Research of Finance and Banking Vol. 3 No. 2 (2025): October 2025
Publisher : SAN Scientific

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58777/rfb.v3i2.538

Abstract

This study examines the effect of institutional ownership, managerial ownership, and company size on the financial performance of healthcare companies listed on the Indonesia Stock Exchange (IDX) during 2019–2023. Using a quantitative approach with secondary data from the annual reports of 11 selected healthcare firms, the study analyzes how ownership structure and firm scale influence performance. The results show that institutional ownership, managerial ownership, and company size each have a negative impact on financial performance. However, when tested simultaneously, the three variables significantly affect financial performance. These findings suggest that ownership structure and firm size do not necessarily enhance performance, as they may also reflect governance complexities and variations in resource management efficiency. The study implies that healthcare firms should strengthen internal governance and develop more efficient ownership policies to ensure sustainable value creation. The originality of this research lies in its focus on Indonesia’s healthcare sector during the post-pandemic recovery period, an area seldom explored in prior studies particularly those combining ownership structure and firm size in a sector shaped by regulatory dynamics and service-based operational characteristics.
Green Innovation in Jatibening: Utilizing Organic Waste to Make Compost through the Masdarling Community Service Program Paramitra, Yuaniko; Mei R, Dhistianti; Loen, Mishelei; Saoloan S, Partogi; Rosdiana, Rosdiana; Reztrianti, Diajeng
Entrepreneurship and Community Development Vol. 3 No. 2 (2025): NOVEMBER 2025
Publisher : Santoso Academy Network

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58777/ecd.v3i2.539

Abstract

The increasing population, the growing number of products, and changes in people's consumption patterns have led to a significant rise in waste volume. This situation poses environmental challenges that require sustainable solutions. One effective way to address the increasing volume of waste is to process organic waste into compost a natural fertilizer produced by the decomposition of materials such as leaves, food scraps, and kitchen waste. Composting is environmentally friendly and beneficial for plants as it enhances soil fertility without relying on chemical substances that may harm the ecosystem. The main objective of this community service activity is to provide knowledge, guidance, and hands-on experience to residents of Jatibening, enabling them to develop awareness and practical composting skills. The program employs the Masdarling (waste-conscious community) socialization method, which focuses on education combined with direct compost production practice. This approach ensures that participants not only understand the theoretical aspects but also gain practical experience in making compost. The activity was carried out in collaboration with KKN students from Krisnadwipayana University. It involved Jatibening residents, particularly the PKK women's group, as the prominent participants in promoting sustainable waste management at the community level