PENGARUH KARAKTERISTIK DEWAN KOMISARIS DAN WHISTLEBLOWING SYSTEM TERHADAP KINERJA PERUSAHAAN (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar Tahun 2015- 2016 di Bursa Efek Indonesia)

Abstract

The purpose of this study is to examine the effect arising from the characteristics of board of commisioners by proxy size of the board of commisioners, the independence of the board of commisioners and the frequency of board of commisioners meetings with whistleblowing system as an independent variable and public ownership, size and leverage as a control variable. Dependent variabel in this research is the company’s performance measured by return on equity (ROE). Total sample in this study are 168 companies listed in Indonesia Stock Exchange during 2015-2016. The sampling method used is purposive sampling method with predetermined criteria. This study uses multiple reggresion analysis to examine the effect of the characteristic of the board of commisioner and whistleblowing system on company’s performance. The results of this study indicate that the independence of the board of directors and whistleblowing system positively affects company performance measured by ROE. But the size of the board of commissioners and the frequency of board of commisioner meetings has no effect on company performance measured by ROE.