Ownership Structure, Good Corporate Governance, and Firm Performance in the Indonesian Capital Market

This research examines the effect of ownership structure and good corporate governance on firm performance.The research variables used were foreign ownership, institutional ownership, government ownership, size of the board of commissioners, and size of non-financial sector companies on the Indonesia Stock Exchange throughout 2013-2017.This study deployed a quantitative approach through multiple linear regression analysis, with a total sample of 1,650 observations.The research findings were foreign ownership, government ownership; board commissioner size had a significant positive effect on firm performance while institutional ownership and firm size had a significant negative effect on firm performance.