PENGARUH GOOD CORPORATE GOVERNANCE DAN CAPITAL ADEQUACY RATIO TERHADAP KINERJA KEUANGAN PADA PERBANKAN SYARIAH

Abstract

This research aimed to examine the effect of Good Corporate Governance and Capital Adequacy Ratio on financial performance of Syariah Finance companies. While Good Corporate Governance was measured by managerial ownership, commissioner board, and audit committee. Meanwhile, capital adequacy ratio was measured by ratio between its capital on Risk Weighted Asset and finance performance, as dependent variable, which was measured by Return On Asset (ROA). The research was quantitative. Moreover, the population was all Syariah Finance companies which were listed on Indonesia Stock Exchange (IDX). Furthermore, the data collection technique used purposive sampling. In line with, there were 8 Syariah Finance companies as the sample. Additionally, the data were secondary in the form of companies’ financial statements which were listed on IDX during 2015-2019 and taken from STIESIA Surabaya’s Indonesia Stock Exchange. In addition, the data analysis technique used multiple linear regression with SPSS (Statistical Product and Service Solution). The research result concluded that managerial ownership, audit committee, and Capital Adequacy Ratio did not affect financial performance. On the other hand, independenta commissioner board affected financial performance.
Keywords: good corporate governance, capital adequacy ratio, financial performance