PENGARUH IMPLEMENTASI GOOD CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN PERUSAHAAN (Studi Empiris pada Perusahaan Yang Listed di Bursa Efek Indonesia)

Abstract

The purpose from this research to determine the effect of the implementation of good corporate governance on financial performance in companies listed on the Indonesian Stock Exchange 2009-2013. Samples were taken by using purposive sampling technique. The method use in this research is the method of time series with a sample of this study were 55 companies in 2009-2013. The result from this research showed that : 1) the audit committee is not significant positive effect on financial performance. 2) Managerial ownership is not significant negative effect on financial performance. 3) Institusional ownership not significant positic effect on financial performance. 4) Independent board is not significant negative effect on financial performance.

Keywords : Audit Committee, Managerial Ownership, Institusional Ownership, Independent Board and Return On Assets (ROA).