The Effect of the Performance of the Board of Commissioners and Directors on Company Profitability in the 2019-2021 Jakarta Islamic Index (JII) With Salary as a Moderating Variable
Abstract views: 42
,
PDF downloads: 28
Abstract
Introduction: During the pandemic, many companies experienced a decline in profitability. One of them is what happened to companies included in the Jakarta Islamic Index (JII). During the pandemic the performance of the board of commissioners and directors could have been more optimal while the number of salaries for the board of commissioners and directors remained even increased. This can be seen from the profitability of several companies that are members of the Jakarta Islamic Index (JII), which are still below the average standard. The profitability of several companies that are members of the Jakarta Islamic Index (JII) is experiencing an imbalance. This study aims to determine the effect of the board of commissioners and directors on the profitability of companies that are members of the Jakarta Islamic Index (JII) for 2019-2021 and salary as a moderating variable. Research Methods: This study uses a population of companies that are members of the Jakarta Islamic Index (JII) for 2019-2021, using a sample of 54 companies. The type of this research is quantitative research. Meanwhile, data collection techniques use documentation and observation of the annual reports of companies that are members of the Jakarta Islamic Index (JII) for 2019-2021. Data analysis used is moderation regression analysis, classic assumption test, hypothesis testing and coefficient of determination (R2). Result: the results of this study indicate that the boards of commissioner variables affect the profitability of companies that are members of the Jakarta Islamic Index (JII) for 2019- 2021. The Directors influence the profitability of companies that are members of the Jakarta Islamic Index (JII) for 2019-2021. Meanwhile, salaries significantly moderate the influence of the board of commissioners and directors on the profitability of companies that are members of the Jakarta Islamic Index (JII) for 2019-2021. Conclusion: The results of this study indicate that the board of commissioners variables affect the profitability of companies that are members of the Jakarta Islamic Index (JII) for 2019-2021.
References
Afriyanti, N., & Prasetiyo, L. (2021). Pengaruh Inflasi dan Pertumbuhan Ekonomi Terhadap Nilai Tukar Rupiah dalam Jangka Pendek dan Jangka Panjang Tahun 2010-2018. Journal of Islamic Economics (JoIE), 1(1), 24–40.
Bahri, S. (2019). Metodologi Penelitian Bisnis, Jakarta, Andi, 112.
Binoto Nadapdap. (2016). Hukum Perseroan TerbatasBerdasarkan Undang-Undang Nomor 40 Tahun 2007, Jala Permata Aksara, 123.
Indra Surya, dan I. Y. (2008). Penerapan Good Corporate Governance: Mengesampingkan Hak-hak Istimewa Demi Kelangsungan Usaha. Kencana Prenada Media, 97.
Kalinda, Y. (2019). Pengaruh Good Corporate Governance Terhadap Profitabilitas pada Perussahaan Pertambangan yang Terdaftar di Bursa Efek Indonesia. Repository Universitas Muhammadiyah Sumut, 58.
Kasmir. (2014). Analisis Laporan Keuangan, PT. Raja Grafindo Persada, 196
Kusumandri, I. (2015). Pengaruh Dewan Komisaris, Dewan Direksi, Komite Audit, Kepemilikan Perusahaan Lain dan Kepemilikan Manajerial Terhadap Profitabilitas Perbankan yang Terdaftar di Bursa Efek Indonesia Tahun 2011. Universitas Islam Indonesia, 40.
Makrifat, J. (2019). Pengaruh Good Corporate Governance Terhadap Profitabilitas. Repository Universitas Islam Negeri Raden Intan Lampung, 79.
Ongko, Venny. (2017). Analisis Pengaruh Direksi,Komite Audit, Ukuran Perusahaan, Leverage, Dan Kualitas Audit Terhadap Integritas Laporan Keuangan (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode 2013-2015). Universitas Multimedia Nusantara, 74.
Putra, F., & Nurhidayati, M. (2022). Pengaruh Inflasi, Likuiditas dan Struktur Modal terhadap Profitabilitas Perusahaan yang Termasuk dalam Jakarta Islamic Index Tahun 2010-2020. Journal of Islamic Economics (JoIE), 2(1), 59–81.
Putri, I. M., & Ulya, H. N. (2021). Strategi Pemasaran Baitul Maal Wa Tamwil Insan Mandiri dalam Meningkatkan Volume Penjualan Produk Pembiayaan Musyarakah. Journal of Islamic Economics (JoIE), 1(2), 182–202.
Rizal, F. (2022). Cooking Palm Oil Price Control Policies in Indonesia: Abu Yusuf’s Islamic Economic View. Journal of Islamic Economics (JoIE), 2(1), 21–33.
Robbins Judge. (2021). Pelaku Orgaanisasi. Salemba Empat. ISH1G3.
Saiful Anwar. (2019). Pengantar Falsafah Ekonomi Dan Keuangan Syariah. Rajawali Press, 219.
Salsabila, Nadiah Ayu dan Miranti, T. (2021). Faktor Pengaruh Rasio Keuangan Terhadap Harga Saham Perusahaan Jakarta Islamic Index (JII). Jurnal Akutansi EL MUHASABA, 1(12), 44
Tazkiya, H. (2022). Analisis Sharia Governance Dan Struktur Modal Terhadap Tingkat Kepatuhan Syariah Berdasarkan Standar Aaoifi. Jurnal Akutansi EL MUHASABA, 1(12), 46
Ulya, H. N. (2021). Pemulihan Perekonomian Jawa Timur di Masa Pandemi Covid-19 Melalui Sistem Pertanian Terpadu (SPT) Budikdamber (Budidaya Ikan dalam Ember). Journal of Islamic Economics (JoIE), 1(1), 41–66.
V. Wiratna Sujarweni. (2015). Metholodologi Penelitian Bisnis & Ekonomi. Pustaka Baru Press. 159.
Yansyah, dedi. (2018). Analisis Pengaruh Dewan Komisaris Dan Komite Audit Terhadap Nilai Perusahaan. Digital Repository UNILA. 23-24.
Copyright (c) 2023 Susi Dwiyanti
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
JoIE: Journal of Islamic Economics allows the author(s) to hold the copyright without restrictions and allow the author(s) to retain publishing rights without restrictions, also the owner of the commercial rights to the article is the author.