PENGARUH PENERAPAN GOOD CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN PERUSAHAAN KONSTRUKSI

Abstract

This research aims to test and know the influence of Good Corporate Governance to the financial performance of construction companies. The samples that been taken and used in this research is a construction company which is listed in the Indonesia Stock Exchange (BEI) in the 2012-2016 period. Total sample of this research is 6 companies determined by purposive sampling. The analysis that been used is multiple linear regression analysis. Research results show that: 1) The Board of Directors (DR) has no influence on Return On Assets (ROA). 2) The Board of Commissioners (DK) has a positive influence on Return On Assets (ROA), because with the size of the board of commissioners can assist the board of directors in conducting supervision and ensure that the company has implemented good corporate governance in accordance with the rules that apply properly. 3) Independent Commissioner (KI) has a positive influence on Return On Assets (ROA), therefore used in acting oversight of the policies made by directors and management companies so that companies free of fraud. 4) The audit committee has no influence on Return On Assets, because the audit committee is new for the company, so the performance supervision system is not maximal yet.
Keywords: Board of directors, board of commissioners, independent commissioners, audit committee, financial performance (ROA)