PENGARUH UKURAN PERUSAHAAN, UMUR PERUSAHAAN, KEPEMILIKAN INSTITUSIONAL, DAN KEPEMILIKAN MANAJERIAL TERHADAP KINERJA KEUANGAN PERUSAHAAN

Abstract

This research aimed to examine the ratio of Return On Asset (ROA), firm size, firm age, institutional ownership, and managerial ownership on the financial performance of mining companies that were listed on the Indonesia Stock Exchange (IDX) from 2017-up to 2019. Companies’ financial performance is companies’ way of managing their finance in order to maximize their financial performance. The research was quantitative. Moreover, the population was 43 mining companies that were listed on the Indonesia Stock Exchange (IDX) from 2017-up to 2019. Furthermore, the data collection technique used purposive sampling. Additionally, the data were secondary which were taken from the documentation of mining companies’ annual reports from 2017-up to 2019. In addition, the data analysis technique used multiple linear regression. The research result concluded that firm size and firm age did not affect Return On Asset (ROA). On the other hand, both institutional ownership and managerial ownership had a positive effect on Return On Asset (ROA).