The Effect of Good Corporate Governance on Financial Performance on Companies Listed in the Indonesia Stock Exchange in 2019-2021

Rosiana Dewi, Sudarto Sudarto, Indira Ayu Ramadhani, Salsabilla Maulia Putri, Aulia Dian Saputri

Abstract


This research aims to determine the effect of managerial ownership, audit committee, independent board of commissioners and board of directors size on financial performance of companies listed on the Indonesia Stock Exchange in 2019-2021. The research sampling method is purposive sampling. The data sample used in this research is a 28 manufacturing companies. Researchers analyzed the data using multiple linear regression. The results showed that partially managerial ownership, audit committee, and independent board of commissioners had a significant positive effect on financial performance, while the size of the board of directors was not significant. Simultaneously managerial ownership, audit committee, independent board of commissioners and the size of the board of directors have a significant influence on the company's financial performance.

Keywords: Managerial Ownership, Audit Committee, Independent Board of Commissioners, Size of The Board of Directors, Financial Performance.


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References


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