PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN PERBANKAN

Abstract

The purpose of this research is to analyze the influence of good corporate governance to the financial
performance which consists of board of director, board of commissioner, independent commissioner, and audit
committee to the financial performance of banking companies in Indonesia in 2012-2014 periods.The samples
have been selected by using purposive sampling technique, based on the determined criteria 30 companies have
been selected as samples. The result of this research shows that: (1) Board of directors has positive influence
because the greater number of the board members can lead to more conflicts, but the number can provide an
alternative solution to a problem that is increasingly diverse in board members (2) Board of commissioners has
positive influence because when the member of commissioners that much , the control to the board of directors is
getting better (3) Independent commissioner doesn’t have influence because the existence of independent
commissioner in a company is formality only to fulfill the regulation(4) Audit committee doesn’t have influence
because the duties of audit committee is to help the board of commissioners to control the reporting process of
financial statement by the management to improve the credibility of financial statements.
Keywords: Good Corporate Governance, Board of Directors, Independent Commissioners, Audit Committee,
CFROA.