Does Capital Structure and Ownership Structure Affect Financial Performance?

This study aims to examine the effect of capital structure and ownership structure on financial performance through the company's annual report. Based on agency theory, this research examines the effect of ownership structure (majority ownership, managerial ownership, institutional ownership, foreign ownership, and public ownership).The population in this study are nonfinancial companies listed on the Indonesia Stock Exchange (IDX) in 2020-2021. The sampling technique in this study used a purposive sampling method and obtained 375 companies. This research is a quantitative study using multiple linear regression analysis using SPSS software.The results of the research analysis show that capital structure has an effect on ROA and ROE, majority ownership has an effect on ROA and has no effect on ROE, managerial ownership has no effect on ROA and ROE, institutional ownership has no effect on ROA and ROE, foreign ownership has had an effect on ROA and ROE, and public ownership has no effect on ROA and ROE.