PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP KINERJA PERUSAHAAN MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This Research aimed to examine the effect of Good Corporate Governance (GCG) on companies performance. The GCG was measured by the commissioner board, board of directors, audit committe, managerial and institusional ownership. While the companies’ performance was measured by Return On Asset (ROA). The Research was quantitative. Moreover, the data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 48 data samples; which were taken from the website of the Indonesia Stock Exchange (GIBEI) STIESIA namely Food and Beverage manufacturing companies listed on Indonesia Stock Exchange 2018-2021. Furthermore, the data analysis technique used multiple linear regression with SPSS 26. The result concluded that the commissioner board, audit committee, and managerial ownership did not affect companies’ performance and board of directors, institusional ownership did negative affect companies performance However, companies’ profit achievement and market response to the implementation of GCG were less.