<![CDATA[Purpose – This study aims to examine the influence of family ownership and family involvement in management on the financial performance of manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the 2022–2023 period. Design/methodology/approach – This quantitative study uses a purposive sampling technique, resulting in a sample of 111 manufacturing companies. Secondary data were obtained from company financial reports and analyzed using multiple linear regression with SPSS version 27. Findings – The results show that family ownership has a marginally positive influence on financial performance. Meanwhile, family involvement in management does not have a significant effect and tends to show a negative relationship with financial performance. These findings indicate that family-owned manufacturing companies need to strengthen corporate governance mechanisms to optimize performance. Originality/value – This study contributes to the corporate governance literature by examining the separate roles of family ownership and family managerial involvement in influencing financial performance within Indonesia’s manufacturing sector.]]>
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