Return on Assets (ROA) is a financial ratio used to measure how efficiently
a company utilizes all of its assets to generate profit. ROA reflects the percentage
of profit earned from each unit of asset; thus, the higher the ROA, the more
effectively the company manages its assets to produce income.
This study aims to examine the influence of the Independent Board of
Commissioners, Board of Directors, and Audit Committee on Return on Assets
(ROA), with Foreign Ownership as a moderating variable (An Empirical Study).
The population of this study consists of banking companies listed on the Indonesia
Stock Exchange during the 2022–2024 period. The sampling technique used is
purposive sampling. The analytical method applied is panel data regression using
the EViews 12 software. The type of data used in this research is secondary data
obtained from the companies' annual reports.
The results of the study indicate that the Independent Board of
Commissioners has a significant influence on ROA, the Board of Directors has a
positive influence on ROA, and the Audit Committee has no influence on ROA.
Furthermore, Foreign Ownership does not moderate the relationship between the
Independent Board of Commissioners, Board of Directors, and Audit Committee on
ROA.