The Influence of Corporate Governance, Company Growth, and Debt Policy on Financial Performance of Technology Sector Companies Listed on the IDX
Keywords:
Corporate governance, BEI, Finance, InvestmentAbstract
Research was conducted in the technology sector, namely to see whether the company's good financial performance is driven by good governance factors, rapid company growth, and also the company's debt policy. Therefore, Good Corporate Governance is one of the systems that has an impact on the company's financial performance to be better. The purpose of this study is to determine and analyze the influence of Corporate Governance, company growth, and debt policy on technology sector companies listed on the Indonesia Stock Exchange for the period 2019-2023. This study uses secondary data from annual reports on the IDX and analysis using statistical testing with the SPSS Version 25.0 analysis tool. Hypothesis testing uses the F-test and T-test. From the results of the study, it was obtained that the results of the study partially showed that the independent board of commissioners (IBC) and company growth (CG) had an effect on financial performance (ROA) in companies listed on the IDX in 2019-2023. Meanwhile, institutional ownership (IO), managerial ownership (MO), and debt policy (DER) do not affect the company's financial performance (ROA) in companies listed on the IDX in 2019–2023. Based on the results, it can be concluded that companies must maintain and improve financial performance in order to achieve effective profits by involving all company stakeholders.
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