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PENGARUH INDIKATOR MEKANISME GOOD CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN MANUFAKTUR SEKTOR FOOD AND BEVERAGE YANG TERDAFTAR DI BURSA EFEK INDONESIA Makkuradde, Syahrul; Mattarima, Mattarima; Sujatmiko, Sujatmiko; Nurfadilah, Nurfadilah; Rauf, Nur Fatimah
JURSIMA Vol 11 No 2 (2023): Volume 11 Nomor 2 2023
Publisher : INSTITUT TEKNOLOGI DAN BISNIS INDOBARU NASIONAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47024/js.v11i2.722

Abstract

Corporate stakeholders, including owners and managers, have different interests, often becoming obstacles in implementing good corporate governance and achieving corporate goals. Conflicts of interest can lead to unfair practices in decision-making and adversely affect the company's image and performance, especially if morals and business ethics are ignored. No matter how good a system is in place in the company, if employees or management behave deviantly and violate a business ethic, fraud can occur which is very detrimental to the company and ends in bankruptcy. The purpose of this study was to analyze the effect of indicators of good corporate governance mechanisms on financial performance in food and beverage companies listed on the Indonesia Stock Exchange. The data analysis used is multiple regression analysis, normality test, partial significance test (t test), determination test (r2), multicolinerity test, heteroscedasticity test, and multicollinearity test with the help of SPSS. The samples used in this study amounted to 8 companies. With the observation period carried out is 4 years from 2015 to 2018. The results of this study indicate that institutional ownership has a positive and significant effect on financial performance, the number of boards of commissioners has a positive and significant effect on financial performance and the number of boards of directors has a negative and significant effect on financial performance