THE EFFECT OF GOOD CORPORATE GOVERNANCE ON FINANCIAL PERFORMANCE IN THE LQ45 INDEX LISTED ON THE INDONESIA STOCK EXCHANGE FOR THE 2017-2021 PERIOD
| Main Authors: | Ariyanti, Rizka, Notoatmojo, M Iqbal, Safitri, Eriza |
|---|---|
| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
Faculty of Economic and Business Universitas STIKUBANK
, 2022
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| Online Access: |
https://www.unisbank.ac.id/ojs/index.php/fe9/article/view/9109 https://www.unisbank.ac.id/ojs/index.php/fe9/article/view/9109/3734 |
Daftar Isi:
- This study aims to determine how the influence of Good Corporate Governance with indicators of institutional ownership, independent commissioners, and audit committees on the financial performance of LQ45 companies for the 2017-2021 period. The method used in this study is a descriptive method with a quantitative approach. Sources of data used in this study are secondary data sources. Statistical analysis used in this study is multiple linear regression analysis. Based on the results of the analysis, it can be seen that institutional ownership has a significant positive effect on financial performance (ROA), while the independent board of commissioners and audit committees have a significant negative effect on financial performance (ROA). Companies must balance share ownership between management and institutions so that there is no majority or minority party, all are responsible for making policies so that both can increase the value of the company.
- Penelitian ini bertujuan untuk mengetahui bagaimana pengaruh Good Corporate Governance yang berindikator Kepemilikan Institusional, Dewan Komisaris Independen, Dan Komite Audit terhadap kinerja keuangan perusahaan LQ45 periode 2017-2021. Metode yang digunakan dalam penelitian ini adalah metode deskriptif dengan pendekatan kuantitatif. Sumber data yang digunakan dalam penelitian ini yaitu sumber data sekunder. Analisis statistik yang digunakan dalam penelitian ini yaitu analisis regresi linier berganda. Berdasarkan hasil analisis dapat diketahui bahwa kepemilikan institusional, berpengaruh positif signifikan terhadap kinerja keuangan (ROA), sedangkan Dewan Komisaris Independen dan Komite Audit berpengaruh negatif signifikan terhadap kinerja keuangan (ROA). Perusahaan harus menyeimbangkan kepemilikan saham antara pihak manajemen dengan institusi sehingga tidak ada pihak mayoritas ataupun minoritas, semua bertanggungjawab mengambil kebijakan sehingga keduannya dapat meningkatkan nilai perusahaan.