PENGARUH TATA KELOLA PERUSAHAAN TERHADAP KINERJA KEUANGAN PERUSAHAAN

Abstract

This research is conducted in order to obtain empirical evidence about the influence of corporate governance to
the financial performance. The population is all banking companies which are listed in Indonesia Stock Exchange
in 2013-2015 periods. Based on the result of the purposive sampling method, 16 companies have been selected as
samples. The analysis instruments are multiple regressions statistics in which the dependent variable is the
financial performance (return on assets), and the independent variables are board of directors, audit committee,
managerial ownership, institutional ownership. The result of the model feasibility research indicates that
corporate governance which is proxy by board of directors, audit committee, managerial ownership, institutional
ownership give positive influence to the financial performance of banking companies. The result of partial test or
t test shows that the board of directors, audit committee, managerial ownership give positive influence to the
financial performance of banking companies, Meanwhile the institutional ownership gives negative influence to
the financial performance of banking companies.
Keywords: Board of directors, audit committee, managerial ownership, institutional ownership, financial
performance.