Khotimah, Miftahul
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Pengaruh Pengaruh dewan komisaris independen, kepemilikan manajerial dan kepemlikan institusional terhadap profitabilitas Khotimah, Miftahul; Huda, Syamsul
Edunomic : Jurnal Ilmiah Pendidikan Ekonomi Fakultas Keguruan dan Ilmu Pendidikan Vol 13 No 2 (2025): EDISI SEPTEMBER
Publisher : FKIP Unswagati

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33603/ejpe.v13i2.10839

Abstract

This This study aims to analyze the effect of independent commissioners, managerial ownership, and institutional ownership on profitability in textile and garment sub-sector companies listed on the Indonesia Stock Exchange (IDX) during the 2019–2023 period. Profitability is measured using Return on Assets (ROA). The research employs a quantitative method with a descriptive and verificative approach. The sample was determined using purposive sampling, resulting in 9 companies with a total of 45 data samples. The data analysis technique used is multiple linear regression. The results of the study show that the significance obtained is 0.021 < 0.05 with a t-table value (36-3 = 33) of 2.03452, and the calculated t-value > t-table (2.430 > 2.03452), which means that (1) partially, independent commissioners have a significant positive effect on profitability. A significance value of 0.021 < 0.05 with a t-table (36-3 = 33) of 2.03452 and a calculated t-value > t-table (2.423 > 2.03452) indicates that (2) managerial ownership has a significant negative effect on profitability. Furthermore, a significant value of 0.010 < 0.05 with a t-table (36-3 = 33) of 2.03452 and a calculated t-value > t-table (2.737 > 2.03452) indicates that (3) institutional ownership also has a significant negative effect on profitability. (4) Simultaneously, the f-table value (36-3 = 33) is 2.89, while the obtained f-value is 3.969 > 2.89 with a significance of 0.016 < 0.05, which means that independent commissioners, managerial ownership, and institutional ownership together have a significant effect on the profitability of textile and garment sub-sector companies listed on the Indonesia Stock Exchange during the 2019–2023 period. Keywords: independent commissioners, managerial ownership, institutional ownership, profitability