PENGARUH GOOD CORPORATE GOVERNANCE (GCG) TERHADAP PROFITABILITAS PERUSAHAAN SEKTOR PERTAMBANGAN

Abstract

This research aimed to examine the effect of Good Corporate Governance (GCG) on profitability. While, Good Corporate Governance (GCG) was consists of independent commissioner board, managerial ownership, audit committee and institutional ownership. Meanwhile, profitability 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 criteria given. In line with, there were 87 samples from 29 mining companies durung 2026-2018. Furthermore, there were 11 outlier data. So that, the total data became 76 samples. Meanwhile, outlier data were the ones wich had uniqe character and look differently as they were extremely big or small. Additionally, the data analysis technique used multiple linear regression with SPSS. The research result concluded independent commisioner board had insignificant effect on Return On Asset (ROA). Likewise, managerial ownership had insignificant effect on Return On Asset (ROA). On the other hand, audit committee had positive and significant effect on Return On Asset (ROA). In contrast, institutional ownership had negative and significant effect on Return On Asset (ROA).
Keywoards: independent commisioner board, managerial ownership, audit committee, institutional ownership