Research Article
The Influence Of The Board Of Commissioners, Institutional Ownership And Managerial Ownership On The Profitability Of Manufacturing Companies In The Food And Beverage Industry Sector Listed On The Indonesian Stock Exchange
@INPROCEEDINGS{10.4108/eai.1-8-2024.2354146, author={Mardiatul Putrianah and Imelda Dian Rahmawati and Hadiah Fitriyah and Sarwenda Biduri}, title={The Influence Of The Board Of Commissioners, Institutional Ownership And Managerial Ownership On The Profitability Of Manufacturing Companies In The Food And Beverage Industry Sector Listed On The Indonesian Stock Exchange}, proceedings={Proceedings of the 1st International Conference on Business Economics, Entrepreneurship, and Social Sciences, ICBEESS 2024, 1st August 2024, Gresik, East Java, Indonesia}, publisher={EAI}, proceedings_a={ICBEESS}, year={2026}, month={2}, keywords={board of commissioners institutional ownership managerial ownership profitability}, doi={10.4108/eai.1-8-2024.2354146} }- Mardiatul Putrianah
Imelda Dian Rahmawati
Hadiah Fitriyah
Sarwenda Biduri
Year: 2026
The Influence Of The Board Of Commissioners, Institutional Ownership And Managerial Ownership On The Profitability Of Manufacturing Companies In The Food And Beverage Industry Sector Listed On The Indonesian Stock Exchange
ICBEESS
EAI
DOI: 10.4108/eai.1-8-2024.2354146
Abstract
The purpose of this research is to examine the effects of managerial ownership, institutional ownership, and the board of commissioners on the profitability of food and beverage manufacturing firms that are listed on the Indonesia Stock Exchange. From 2019 to 2021, data from the BEI website will be objectively analyzed for this study. Descriptive statistics, multiple linear regression, testing of traditional assumptions, and hypothesis testing are all part of the data analysis. The board of commissioners (X1) had a statistically significant value of 0.027, which is below the 0.05 threshold, according to the study's findings. The constitutional ownership variable (X2) had a significance value of 0.000, below the 0.05 cutoff. The management ownership variable (X3) had a significance value of 0.000 and a t-value of 12.975, both of which were below the 0.05 level. The board of commissioners, management ownership, and constitutional ownership all have a big impact on a company's profitability. The board of commissioners, institutional ownership, and managerial ownership collectively account for 70.7% of the profitability seen in food and beverage manufacturing companies during the designated period of 2019 to 2021, according to the adjusted R-squared value of 0.707 obtained from the coefficient of determination analysis. Other components make up the remaining 29.3%.
