Good Corporate Governance Factors Toward Financial Performance

Abstract

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