PENGARUH KEBIJAKAN DEVIDEN, HUTANG, CORPORATE GOVERNANCE TERHADAP KINERJA PERUSAHAAN CONSUMER GOODS

Abstract

This research analyzes some factors which influence financial performance. The objective of this
research is to find out dividend policy, debt policy, majority stocks ownership, independent
commissioner and the audit committee which have an influence to the company performance. The
samples are 19 consumer goods companies which is a company producing consumer goods and
daily necessities which are listed in Indonesia Stock Exchange (IDX) in 2011-2013 periods. The
sampling method has been done by using purposive sampling. The data come from the annual
financial statement of the companies which are listed in Indonesia Stock Exchange. The data
analysis method has been done by using multiple linear regressions.The result of the research
indicates that dividend policy, debt policy and the audit committee has significant influence to the
company performance whereas majority stocks ownership and independent commissioner does not
have any significant influence to the company performance. Based on the result of the research, it
can be concluded that some factors which influence in determining company performance i.e.:
dividend policy, debt policy and audit committees are expected to be considered as well.

Keywords: Dividend policy, debt policy, corporate governance and corporate performance.