PENGARUH GOOD CORPORATE GOVERNANCE PADA KINERJA KEUANGAN PERUSAHAAN

Abstract

The purpose of this study is to obtain empirical evidence regarding the effect of good corporate governance on financial performance. This study took samples of energy companies listed on the Indonesia Stock Exchange for the 2019-2021 period. The sample technique used was purposive sampling, so that a total of 28 companies were obtained. The analysis technique used in this study is multiple linear regression analysis. Based on the results of the analysis, this study proves that the board of commissioners have a positive effect on financial performance. This shows that the higher the size of the board of commissioners of a company, the higher the company's financial performance. The board of directors, managerial ownership and institutional ownership have no effect on financial performance. This shows that the level of the board of directors, managerial ownership, and institutional ownership of a company cannot be used as an indicator that determines the level of a company's financial performance.