PENGARUH PELAKSANAAN GOOD CORPORATE GOVERNANCE, KEPEMILIKAN INSTITUSIONAL DAN LEVERAGE TERHADAP KINERJA KEUANGAN (STUDI PADA INDUSTRI PERBANKAN DI BURSA EFEK INDONESIA)

Abstract

This study aims to identify and examine the effect of good corporate governance implementation in the banking company, how much influence the independent directors, institutional ownership, and leverage on the financial performance of the banking company. The population in this study banks that are listed on the Stock Exchange from 2011 to 2013. Sampling was done by purposive sampling method, and obtained 14 samples of the banking company. Analysis of the data used is multiple linear regression. From the results of hypothesis testing, showed that the influence of good corporate governance which is proxied by the activities of independent board, leverage has a positive and significant relationship to financial performance. The results also show that institutional ownership has a negative and significant correlation to financial performance. However variables significantly independent board can not affect the performance. In general, the results of this study indicate that the banking companies in Indonesia have started to implement good corporate governance in an effort to improve the performance of the company as well as to protect the interests of the principal.