THE EFFECT OF BOARD OF COMMISSIONERS ETHNIC, FAMILY OWNERSHIP AND THE AGE OF THE COMPANY TOWARDS THE PERFORMANCE OF THE COMPANY LQ45 COMPANY LISTED IN INDONESIA STOCK EXCHANGE

  • Ramdani Bayu Putra Universitas Putra Indonesia YPTK Padang
  • Fitri Yeni Universitas Putra Indonesia YPTK Padang
  • Hasmaynelis Fitri Universitas Putra Indonesia YPTK Padang
  • Diki Jasrizal Melta Universitas Putra Indonesia YPTK Padang
Keywords: Ethnic Board of Commissioners, Family ownership, Company Age and Company Performance

Abstract

This study aims to examine how the ethnic influence of the board of commissioners (Chinese) on company performance, family ownership of company performance and company age on company performance. And the effect of all independent variables on dependent. The  population of this study is the LQ45 company listed on the Indonesia Stock Exchange from 2013-2017. The sampling technique in this study is Purposive Sampling. Based on observations from 2013-2017 the samples in this study were 23 companies from the LQ45 company. This study uses panel data and the method used is the Hausman Test using Random Effect Model.

 

The results of this study indicate that the Ethnic Board of Commissioners and family ownership do not affect the Company Performance while the Company Age has a positive effect on Company Performance. Taken together,it turns out that Ethnic Board of Commissioners, Family and Company Ownership have a negative influence on the Company's Performance in LQ45 Companies that are listed on the Indonesia Stock Exchange in 2013-2017. Finally,  the authors suggest that the performance of the company increases the company must increase the Age of the Company by continuing to carry out or run company activities so that they have more experience and the authors also suggest that further research add variable size companies to get better research results.

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Published
2019-12-09
How to Cite
Putra, R. B., Yeni, F., Fitri, H., & Melta, D. (2019). THE EFFECT OF BOARD OF COMMISSIONERS ETHNIC, FAMILY OWNERSHIP AND THE AGE OF THE COMPANY TOWARDS THE PERFORMANCE OF THE COMPANY LQ45 COMPANY LISTED IN INDONESIA STOCK EXCHANGE. ADI Journal on Recent Innovation (AJRI), 1(2), 85-92. Retrieved from https://adi-journal.org/index.php/ajri/article/view/27