Date: 20-09-2020 Digital Publication Services : OSREL | JABM | JAM | ABMR | ABMCS

PENGARUH CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN

Detail
Author Al Aliyah
Category Akuntansi Manajemen dan SIA

Abstract

This study aims to determine the effect of corporate governance on financial performance measured by Return on Equity (ROE), Return on Assets (ROA), and Earning per Share (EPS). Specifically the purpose of this research is to: 1) Test the influence of the Board of Commissioners on financial performance; 2) Test the influence of the Independent Commissioner of the Commissioner on financial performance; 3) Test the influence of the Board of Commissioners' Board of Directors on financial performance; 4) Test the influence of the Board of Commissioners' Audit Committee on financial performance; and 5) Test the effect of institutional ownership on financial performance. The population of this study is all sectors listed on the Indonesia Stock Exchange (IDX) in 2013 to 2015 totaling 516 companies. All companies listed on the IDX are used as a population, because each company has an obligation to submit annual reports to parties outside the company. The sample was taken by purposive sampling technique, based on the specified criteria obtained a sample of 171 companies. The results of this study indicate: 1) The Board of Commissioners has a significant effect on financial performance, 2) Independent Commissioners have a significant effect on financial performance, 3) The Board of Directors has a significant effect on financial performance, 4) Institutional ownership and audit committee have no significant effect on company performance. The value of R Square is 12.5%, while the magnitude of the influence on the variable financial performance caused by other factors is 87.5%.