P
enelitian ini bertujuan untuk mendapatkan bukti empiris tentang : Pengaruh dewan direksi terhadap kinerja keuangan; Pengaruh komite audit terhadap kinerja keuangan; Pengaruh dewan komisaris independen terhadap kinerja keuangan; Pengaruh financial leverage terhadap kinerja keuangan; Pengaruh struktur kepemilikan terhadap kinerja keuangan; Pengaruh nilai perusahaan memoderasi dewan direksi terhadap kinerja keuangan; Pengaruh nilai perusahaan memoderasi komite audit terhadap kinerja keuangan; Pengaruh nilai perusahaan memoderasi dewan komisaris independen terhadap kinerja keuangan; Pengaruh nilai perusahaan memoderasi financial leverage terhadap kinerja keuangan; Pengaruh nilai perusahaan memoderasi struktur kepemilikan terhadap kinerja keuangan. Sampel dari penelitian ini adalah 19 perusahaan Badan Usaha Milik Negara yang terdaftar di Bursa Efek Indonesia pada tahun 2011-2015. Teknik pengambilan sampel adalah purposive sampling. Data ini dianalisis menggunakan regresi berganda. Hasil penelitian ini menyimpulkan bahwa dewan direksi, dewan komisaris independen, dan struktur kepemilikan tidak berpengaruh signifikan terhadap kinerja keuangan. Sedangkan, komite audit, dan financial leverage berpengaruh signifikan terhadap kinerja keuangan. Sedangkan untuk variable moderasi penelitian ini menyimpulkan bahwa nilai perusahaan memoderasi dewan direksi, nilai perusahaan memoderasi komite audit, nilai perusahaan memoderasi struktur kepemilikan tidak berpengaruh signifikan terhadap kinerja keuangan. Sedangkan nilai perusahaan memoderasi dewan komisaris independen, nilai perusahaan memoderasi financial leverage berpengaruh signifikan terhadap kinerja keuangan.
T
his study aimed to get empirical evidence about the Influence of the board of directors of financial performance; The influence of the audit committee on the financial performance; The influence of independent board of financial performance; Influence of financial leverage on financial performance; The influence of the ownership structure of financial performance; The influence of moderate value of the company's board of directors on financial performance; Enterprise value moderating influence on the financial performance of the audit committee; Moderating influence enterprise value independent board of financial performance; The influence of moderate financial leverage the company's value on financial performance; The influence of moderate value of the company ownership structure of financial performance. Samples from this study are 19 state-owned enterprises listed on the Indonesia Stock Exchange in 2011-2015. The sampling technique is purposive sampling. These data were analyzed using multiple regression. The results of this study concluded that the board of directors, independent board, and ownership structure has no significant effect on the financial performance. Meanwhile, the audit committee, and financial leverage significant effect on financial performance. As for moderation variable of this study concluded that moderate the value of the company's board of directors, audit committee moderating corporate value, the value of the company moderates the ownership structure has no significant effect on the financial performance. While the value of the company to moderate the independent board, the company's value moderate financial leverage significant effect on financial performance.