The Influence of Corporate Governance on Company Performance in Energy Companies Listed on the IDX in 2019-2023

Abstract

Introduction/ Main Objectives: This study aims to determine the variables of board size, independent board of commissioners, frequency of board meetings, managerialownership, and institutional ownership on performance in the Energy sector in Indonesia. This study analyzes the Energy sector listed on the Indonesia Stock Exchange in 2019-2023. Research Methods: This study uses a qantitative approach. The type of data used is secondary, namely data obatined from the annual report published on teh company?s official website. The population in this study were all Energy sector companies listed on the IDX in 2019-2023. The sampling technique used was purposive sampling, obtaining a final sample of 57 companies with a total of 285 observations. The analysis technique used was panel data regression analysis using the Eviews 12 program. Finding/ Results: The result of this study idicate that the variables of the independent board of commissioners and managerial ownership have a positive effect on company performance. While the size of the board of directors, the frequency of board meetings, and institusional ownership do not effect company performance in the Energy sector in Indonesia.