Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Pada Perusahaan Perbankan

Abstract

Good Corporate Governance is a concept that emphasizes the importance of shareholders' rights to obtain correct, accurate and timely information. Based on a survey by the Indonesian Banking Development Institute (LPPI), it shows that the implementation of GCG in banking appears to be starting to slacken when there is a rise in fund fraud or illegal practices that have hit banks. However, there are still many banking companies that have not implemented Good Corporate Governance properly. Because there are still many companies with different interests, it is possible for obstacles to occur. The implementation of Good Corporate Governance is considered to be able to improve the bad image of banking, protect the interests of stakeholders and increase compliance with applicable laws and regulations and general ethics in the banking industry in order to create a healthy banking system. The implementation of Good Corporate Governance is the right solution and answer to get out of the economic crisis that is currently hitting Indonesia. This research aims to find out whether the board of commissioners has a partial influence on financial performance as the dependent variable of banking companies listed on the Indonesia Stock Exchange for the 2020-2022 period. To find out whether the board of directors has a partial influence on financial performance as the dependent variable of banking companies listed on the Indonesia Stock Exchange for the 2020-2022 period. To find out whether the audit committee has a partial effect on financial performance as the dependent variable of banking companies listed on the Indonesia Stock Exchange for the 2020-2022 period. To find out whether institutional ownership has a partial effect on financial performance as the dependent variable of banking companies listed on the Indonesia Stock Exchange for the 2020-2022 period. To find out whether managerial ownership has a partial effect on financial performance as the dependent variable of banking companies listed on the Indonesia Stock Exchange for the 2020-2022 period. To find out whether the board of directors, board of directors, audit committee, institutional ownership and managerial ownership simultaneously influence financial performance as the dependent variable of banking companies listed on the Indonesia Stock Exchange for the 2020-2022 period. The sample in this research was 32 banking companies listed on the Indonesia Stock Exchange using the Simple Random Sampling Technique. Data collection uses secondary data obtained from financial reports of banking companies listed on the Indonesia Stock Exchange during 2020-2022 period. The financial performance used in this research uses ROA as a measure and as a variable. Data analysis uses Normality Test, Homogeneity Test, Linearity Test, Multiple Linear Regression Analysis, t Test, F Test and Coefficient of Determination (R2) using the program (SPSS). The results in this study show that the Board of Directors has a positive and significant influence on Financial Performance, the Board of Commissioners has no influence and is significant on Financial Performance, the Audit Committee has no influence and is significant on Financial Performance, there is no influence and significant Institutional Ownership on Financial Performance, there is no influence and significant Managerial Ownership of Financial Performance while Good Corporate Governance has a positive and significant effect on Financial Performance.