Good Corporate Governance Factors Toward Financial Performance

Abstract

This research was conducted to examine the effect of Good Corporate Governance on the Company's Financial
Performance. The purpose of this study is to determine the influence of Good Corporate Governance on the
Financial Performance of Companies listed on the IDX 80 IDX index for 2019 - 2021. Good financial
performance will affect many stakeholders because company performance is a picture of the company's
condition, if the company's performance is bad, it will affect stakeholder decisions. Factors can affect financial
performance are Good Corporate Governance. Good Corporate Governance research is proxied by the
number of board of directors, the number of boards of commissioner meetings and managerial ownership. This
study uses quantitative methods of secondary data with the population of companies listed in the IDX 80 index
in 2019 – 2021. The sample method is the purposive sampling method. The data used is the company's annual
report obtained through the Indonesia Stock Exchange website. The results of the study obtained the results
are that the number of boards of directors does not have a significant effect on financial performance, the
number of meetings of the board of commissioners has a significant positive effect on financial performance,
managerial ownership has a positive effect on financial performance.