PENGARUH PENERAPAN PRINSIP-PRINSIP GOOD CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN MANUFAKTUR SEKTOR INDUSTRI DASAR DAN KIMIA YANG TERDAFTAR DI BEI TAHUN 2014 SAMPAI 2017

Abstract

This study aims to determine and analyze the effect of GCG principles on ROE
financial performance in manufacturing companies in the basic and chemical
industry sectors listed on the Indonesia Stock Exchange in 2014-2017. GCG
principles consist of Fairness, Transparency, Accountability and Responsibility.
While financial performance consists of Return On Equity (ROE), Earning Pe Share
(EPS) and Annual Stock Return (ASR). The population in this study are all
manufacturing companies in the Basic and Chemical Industrial Sector that are Listed
on the Indonesia Stock Exchange (IDX). In accordance with IDX publications, it
shows that the number of companies registered in the 2014-2017 period was 45
issuers. The data used in this study are data obtained from the company's financial
statements, the data are analyzed using multiple regression analysis. Processed
using SPSS software version 22. The results of the study note that the fairness and
transparency significantly influence the determination of ROE. Fairness and
responsibility have a significant effect on the determination of EPS. Fairness,
transparency and accountability have a significant effect on the establishment of
ASR. Accountability and responsibility do not significantly influence ROE
determination. Transparency and accountability have no significant effect on
establishing EPS. Liability has no significant effect on the determination of ASR