PENGARUH KEPEMILIKAN ASING, FIRM SIZE, DAN LEVERAGE TERHADAP KINERJA PERUSAHAAN

Abstract

This research was quantitative. It aimed to examine the effect of foreign ownership, firm size, and leverage on the company’s performance. Foreign ownership was measured by the percentage of effectiveness ownership, firm size was measured by the natural logarithm (LN) company’s assets, and leverage was measured by the Debt Equity Ratio (DER). Furthermore, the data were secondary in the form of annual statements which were obtained from www.idx.co.id, and the statement data of effectiveness ownership which were taken from www.ksei.co.id. Moreover, the population was the Consumer Goods Non-Cyclical sector listed on the Indonesia Stock Exchange. Additionally, the data collection technique used purposive sampling. In line with that, there were 82 companies as the sample during 2020-2022. Therefore, it obtained 246 data samples. In addition, the data analysis technique used multiple linear regression. The result showed that the hypothesis test indicated that foreign ownership had an insignificant effect on the company’s performance. However, firm size had a positive and significant effect on the company’s performance. Likewise, firm size had a positive and significant effect on the company’s performance. On the other hand, leverage had a negative and significant effect on the company’s performance.