PENGARUH GOOD CORPORATE GOVERNANCE, UKURAN PERUSAHAAN DAN LEVERAGE TERHADAP KINERJA KEUANGAN

Abstract

This reseacrh aimed to examine the effect of good corporate governance, firm size, and leverage on financial performance. The research objectives of this research were infrastructure, utility and transportation in the periods of 2017-2019. Mechanism of good corporate governance was proxy with the board of commissionnaire, board of independent and audit committee, firm size measured by total assets, and leverage measured by Debt to Equity Ratio (DER) and the financial performance measured by Return On Asset (ROA). This research used the quantitative method. Furthermore, the sample of this research used purposive sampling based on the determined criteria was the company’s infrastructure, utility and transportation. Moreover, the population of this research used 74 go public companies. The number of samples was 210 observations of financial statements from 74 companies. Besides, the research method used multiple linear regression analysis with SPSS program 22 version. This research showed that the board commissionaires variables did not affect the financial performance, the independent commissionaire variable did not affect the financial performance, the variable of the audit committee did not affect the financial performance, the variable of firm size had a positive effect on financial performance and the leverage variable had a negative effect on financial performance.
Keywords: financial performance, good corporate governance, firm size, leverage