Pengaruh Good Corporate Governance Terhadap Kinerja Perusahaan Yang Terdaftar di Bursa Efek Indonesia

Cindy Hwang; Vargo Christian Christian L. Tobing

doi:10.32877/eb.v5i2.326

Authors

^{(
1
)}

^{(
2
)}

DOI:

https://doi.org/10.32877/eb.v5i2.326

Keywords:

Board of Commissioners, Institutional Ownership, Managerial Ownership, Return On Equity

Abstract

The research is to find out the effect of good corporate governance such as the size of the board of commissioners, institutional ownership, and managerial ownership to company’s performance such as by Return of Equity (ROE) in the properties and real estate sector companies that listed on the Indonesia Stock Exchange from 2016-2020. The sampling technique used in this study is purposive sampling technique where the total samples used in this study are 7 companies and financial reports for 5 years. The data used in this study is secondary data in the form of the company's annual financial statements obtained from the Indonesia Stock Exchange website. The results of this study show that the board of commissioners' size variables have an effect significant on company’s performance (ROE). Institutional ownership and managerial ownership has no effect significant on return on equity. The size of the board of commissioners, institutional ownership and managerial ownership have an effect significant on return on equity. The coefficient of Determination (R2) indicates that the dependent variable is influenced indenpendent variables in this study by 24.8% and the remaining 75.2% is influenced by other factors that are not included in this study

Downloads

Download data is not yet available.

References

Agyei-Mensah, B. K. (2018). Impact of corporate governance attributes and financial reporting lag on corporate financial performance. African Journal of Economic and Management Studies, 9(3), 349–366. https://doi.org/10.1108/AJEMS-08-2017-0205

Ali, A., Qiang, F., & Ashraf, S. (2018). Regional dynamics of ownership structure and their impact on firm performance and firm valuation: A case of Chinese listed companies. Review of International Business and Strategy, 28(1), 128–146. https://doi.org/10.1108/RIBS-02-2017-0017

Alim, M., & Assyifa. (2019). Pengaruh Ukuran Perusahaan, Kepemilikan Manajerial, Dan Komite Audit Terhadap Kinerja Keuangan Perusahaan. Balance Vocation Accounting Journal, 3(2), 69. https://doi.org/10.31000/bvaj.v3i2.2235

Arora, A., & Sharma, C. (2016). Corporate governance and firm performance in developing countries: evidence from India. Corporate Governance (Bingley), 16(2), 420–436. https://doi.org/10.1108/CG-01-2016-0018

Esra Annisa, W., & Fadjrih Asyik, N. (2019). Pengaruh Good Corporate Governance Dan Pengungkapan Tanggung Jawab Sosial Perusahaan Terhadap Kinerja Keuangan. Jurnal Ilmu Dan Riset Akuntansi, 8(2), 1–20.

Ghozali, I. (2016). Aplikasi Analisis Multivariete dengan IBM SPSS 23 8 (8th ed.). Semarang: universitas diponegoro.

Kho, S., & Prima, argo putra. (2020). Pengaruh Good Corporate Governance Dan Ukuran Perusahaan Terhadap Kinerja Perusahaan Yang Terdaftar Di Bursa Efek Indonesia. Yayasan Akrab Pekanbaru, 5(3), 116–128.

Lestari, P. P., & Cahyonowati, N. (2017). Pengaruh Corporate Governance Terhadap Kinerja Keuangan (Studi Empiris Pada Perusahaan Perbankan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2013-2016). Diponegoro Journal of Accounting, 6(4), 548–555.

Petta, B. C., & Tarigan, J. (2017). Pengaruh Kepemilikan Institusional Terhadap Kinerja Keuangan Melalui Struktur Modal Sebagai Variabel Intervening Pada Perusahaan Manufaktur Yang Terdaftar Dalam Bursa Efek Indonesia ( Bei ). Business Accounting Review, 5(2), 625–634.

Putri, R. K., & Muid, D. (2017). Pengaruh Good Corporate Governance Terhadap Kinerja Perusahaan. Diponegoro Journal Of Accounting, 6, 1–9.

Saifi, M. (2019). Pengaruh Corporate Governance Dan Struktur Kepemilikan Terhadap Kinerja Keuangan Perusahaan. Profit, 13(02), 1–11. https://doi.org/https://doi.org/10.21776/ub.profit.2019.013.02.1

Sugiyono. (2016). Metode Penelitian Kuantitatif, Kualitatif dan R&D. Bandung: Alfabeta.

Wahida, N., Rahmiati, & Zulvia, Y. (2020). Pengaruh struktur kepemilikan terhadap kinerja perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia. Jurnal Kajian Manajemen Dan Wirausaha, 2. https://doi.org/http://dx.doi.org/10.24036/jkmw02100370

Wahyuni, S. F. (2017). Peran Kepemilikan Institusional Dalam Memoderasi Pengaruh Current Ratio , Debt To Equity Ratio , Total Asset Turnover Dan Inventory Turnover Terhadap Return On Equity Di Bursa Efek Indonesia. Jurnal Riset Finansial Bisnis, 1(2), 147–158. https://doi.org/10.5281/zenodo.1098495