ANALISIS PENGARUH TERHADAP KINERJA KEUANGAN (Studi Empiris pada Perusahaan Perbankan yang Terdaftar di Bursa Efek STRUKTURCORPORATE GOVERNANCE Indonesia 2013-2015)

Abstract

This study aims to examine the influence of corporate governance structure to financial performance on banking corporate. Structure of corporate governance is represented by independent boards, institutional ownerships, board of commissioners, and board of directors, while financial performance is proxied by CFROA (Cash Flow Return on Assets). This study analyze 35 financial reports of banking corporates listed in Indonesian Stock Exchance (IDX) for period 2013­ 2015. This study use multiple reggresion to analyze the data. The results of this study shows that (1) independent boards had no significant influence to financial performance, (2) institutional ownerships had no significant influence to financial performance, (3) board of commissioners had positive significant influence to financial performance, (4) board of directors had positive significant influence to financial performance.