PENGARUH KINERJA PERUSAHAAN, CORPORATE GOVERNANCE, DAN SHAREHOLDER PAYOUT TERHADAP KOMPENSASI EKSEKUTIF - Studi Kasus Pada Perusahaan Non Financial yang Terdaftar di Bursa Efek Indonesia Tahun 2007-2010
Abstract: The purpose
of this study
is to know
the effect of
firm performance, corporate governance,
and shareholder payout
on executive compensation
by using firm size
as control variable.
Firm performance measured
by Return On Asset (ROA), Net Profit Margin (NPM), and
Earning Per Share (EPS). Corporate governance
measured by institutional
shareholding. And shareholder
payout measured by dividend
yield. The research
model in this
study used panel
data analysis. The samples
are 121 non
financial firms listed
in Indonesia Stock Exchange during
the period 2007-2010
which is taken
by purposive sampling method. Based
on the correlation,
the empirical result
shows that firm performance measured
by ROA, NPM,
and EPS have
positive effect and significantly to executive compensation.
Afterwhile, institutional shareholding and dividend yield
have no positive
effect significantly to
executive compensation. Besides that,
the results indicate
that company size
is the major
determinant of compensation
Key words: ROA,
NPM, EPS, Institutional
Shareholding, Dividend Yield,
Cash Compensation, Firm Size, Non Financial Firm
Penulis: Umi Mardiyati
Kode Jurnal: jpmanajemendd130887
