PENGARUH GOOD CORPORATE GOVERNANCE DAN LEVERAGE TERHADAP KINERJA KEUANGAN

Abstract

This study aims to find out the impact of the Good Corporate Governance which is proxied by the independent commissioners, the audit committee, the institutional ownership, themanagerial ownership, and the Leverage (DAR) toward the financial performance.The population of this study are the Property and Real Estate companies which are registered in Indonesia’s Stock Exchange in 2016-2019 period. This study applies the Purposive Sampling and the determined criteria. Therefore, there are 13 companies from 59 Property and Real Estate companies in 2016-2019 period. This analysis applies the multiple linear regression method with SPSS version 25. The result of this study shows that (1) the independent commissioners gives negative impact to the financial performance, (2) the audit committee does not impact the financial performance, (3) the institutional ownership gives positive impact to the financial performance, (4) the managerial ownership does not impact the financial performance, (5) the Leverage does not impact the financial performance.
Keywords: the good corporate governance, the leverage, the financial performance.