摘要：AbstractMost of Indonesian listed companies are managed by family. This trait is an interesting trait to be investigated with regards to financial performance. This study aims to examine the effects of family management and executive compensation on financial performance. The research sample is 303 Indonesian listed companies. This study finds that family management has no effect on ROA but has a negative effect on Tobin's Q. This finding indicates that investors perceive this as unadvantageous conditions. This indicates that family management is harming minority shareholders. Another result shows that executive compensation has a positive effect on financial performance.
