PENGARUH CORPORATE GOVERNANCE DAN LEVERAGE TERHADAP KINERJA KEUANGAN PADA PERBANKAN YANG TERDAFTAR DI BEI

Abstract

Corporate governance's perspective has begun from agency theory that principal as entity's owner give an authority to agent. The separate authority between ownership and management would make any different of interest both of them that may take potential conflict. Corporate governance's perspective will control the behavior and fixed the conflict among company stakeholder. The research about corporate governance's perspective toward the performance has commonly focused, but any findings show inconsistency results. Further reconciliation of this result, it's interesting to make research with different object. This research has purpose to find any empirical evidence about influence of many element of corporate governance's implementation toward to performance of banking in Indonesia. The population is listed banking at Indonesia Stock Exchange that chooses for 2007-2010 as the sample. Purposive sampling method has used to take these sample data. Hypothesis testing used regression analysis. Results show that influence of corporate governance that proximate by institutional ownership, commissioner size, board of director size, and audit committee have positively influence otherwise leverage ratio has negatively and significant influence. And existence of independent commissioner has no significantly influence. Generally this results indicating that Indonesian's banking has begin to implementing corporate governance 's perspective toward increasing company performance and protect principal interest.