Do Ownership and Environment Affect Profits with the Role of the Independent Commissioners?

This study aims to explore health company profits during the pandemic from the perspective of managerial ownership and environmental performance accompanied by the moderating role of independent commissioners. The use of Sharia-based health sector companies as companies that are very closely relate...

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Main Authors: Muhammad Noval, Rimayanti Rimayanti, Malia Malia, Muhammad Syahid, Amina A.A Elzaanin, Aswini Arumugam
Format: Article
Language:English
Published: UIN Sultan Aji Muhammad Idris Samarinda 2024-12-01
Series:Al-tijary
Subjects:
Online Access:https://journal.uinsi.ac.id/index.php/altijary/article/view/8992
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author Muhammad Noval
Rimayanti Rimayanti
Malia Malia
Muhammad Syahid
Amina A.A Elzaanin
Aswini Arumugam
author_facet Muhammad Noval
Rimayanti Rimayanti
Malia Malia
Muhammad Syahid
Amina A.A Elzaanin
Aswini Arumugam
author_sort Muhammad Noval
collection DOAJ
description This study aims to explore health company profits during the pandemic from the perspective of managerial ownership and environmental performance accompanied by the moderating role of independent commissioners. The use of Sharia-based health sector companies as companies that are very closely related to the pandemic events that occurred during the observation period of 2020-2021 resulted in 16 companies using quarterly reports, so there are 64 studio data. The data obtained was subjected to prerequisite tests using the classical assumption test, which was then tested by conducting F-test and t-test regression based on the hypotheses that had been developed. The study results prove that managerial ownership and environmental performance simultaneously increase profits. However, partially managerial ownership influences increasing profits, while environmental performance has no effect. The role of the independent board of commissioners has been proven to not influence managerial ownership and environmental performance in increasing the profits of Sharia companies in the health sector. This study implies that managerial ownership factors, environmental performance, and an independent board of commissioners play an essential role in increasing the profits of Sharia companies in the health sector, especially during the pandemic. The results can encourage strategic decision-making related to ownership structure and corporate governance to achieve sustainability and profitability.  
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institution Kabale University
issn 2460-9404
2460-9412
language English
publishDate 2024-12-01
publisher UIN Sultan Aji Muhammad Idris Samarinda
record_format Article
series Al-tijary
spelling doaj-art-1a63c9be54e54722bb96e09dd3d701f02025-02-11T13:46:02ZengUIN Sultan Aji Muhammad Idris SamarindaAl-tijary2460-94042460-94122024-12-0110110.21093/at.v10i1.8992Do Ownership and Environment Affect Profits with the Role of the Independent Commissioners?Muhammad Noval0Rimayanti Rimayanti1Malia Malia2Muhammad Syahid3Amina A.A Elzaanin4Aswini Arumugam5Universitas Islam Negeri Antasari BanjarmasinUniversitas Islam Negeri Antasari BanjarmasinUniversitas Islam Negeri Antasari BanjarmasinUniversitas Islam Negeri Raden IntanUniversity College of Applied SciencesUniversiti Utara Malaysia This study aims to explore health company profits during the pandemic from the perspective of managerial ownership and environmental performance accompanied by the moderating role of independent commissioners. The use of Sharia-based health sector companies as companies that are very closely related to the pandemic events that occurred during the observation period of 2020-2021 resulted in 16 companies using quarterly reports, so there are 64 studio data. The data obtained was subjected to prerequisite tests using the classical assumption test, which was then tested by conducting F-test and t-test regression based on the hypotheses that had been developed. The study results prove that managerial ownership and environmental performance simultaneously increase profits. However, partially managerial ownership influences increasing profits, while environmental performance has no effect. The role of the independent board of commissioners has been proven to not influence managerial ownership and environmental performance in increasing the profits of Sharia companies in the health sector. This study implies that managerial ownership factors, environmental performance, and an independent board of commissioners play an essential role in increasing the profits of Sharia companies in the health sector, especially during the pandemic. The results can encourage strategic decision-making related to ownership structure and corporate governance to achieve sustainability and profitability.   https://journal.uinsi.ac.id/index.php/altijary/article/view/8992Environment, Independent Commissioners, Ownership, Profits
spellingShingle Muhammad Noval
Rimayanti Rimayanti
Malia Malia
Muhammad Syahid
Amina A.A Elzaanin
Aswini Arumugam
Do Ownership and Environment Affect Profits with the Role of the Independent Commissioners?
Al-tijary
Environment, Independent Commissioners, Ownership, Profits
title Do Ownership and Environment Affect Profits with the Role of the Independent Commissioners?
title_full Do Ownership and Environment Affect Profits with the Role of the Independent Commissioners?
title_fullStr Do Ownership and Environment Affect Profits with the Role of the Independent Commissioners?
title_full_unstemmed Do Ownership and Environment Affect Profits with the Role of the Independent Commissioners?
title_short Do Ownership and Environment Affect Profits with the Role of the Independent Commissioners?
title_sort do ownership and environment affect profits with the role of the independent commissioners
topic Environment, Independent Commissioners, Ownership, Profits
url https://journal.uinsi.ac.id/index.php/altijary/article/view/8992
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AT maliamalia doownershipandenvironmentaffectprofitswiththeroleoftheindependentcommissioners
AT muhammadsyahid doownershipandenvironmentaffectprofitswiththeroleoftheindependentcommissioners
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