Pengaruh Good Corporate Governance terhadap Kinerja Keuangan pada Perusahaan Manufaktur Sektor Otomotif yang Terdaftar di BEI Periode 2020-2022

Abstract

This research aims to examine the influence of good corporate governance on financial performance in automotive sector manufacturing companies in 2020-2022. Good corporate governance is proxied using the variables independent board of commissioners, institutional ownership, audit committee, and managerial ownership. Financial performance is proxied using the net profit margin (NPM) variable. The type of research used is quantitative. The population in this research is automotive sector companies listed on the Indonesia Stock Exchange in 2020-2022, consisting of 12 companies. Based on predetermined criteria, a sample of 12 companies was selected with an observation period of 3 years from 2016-2018, resulting in 36 samples. Hypothesis testing in this research uses multiple linear regression analysis techniques. The partial research results show that the independent board of commissioners, institutional ownership, audit committee, and managerial ownership have no effect on financial performance (NPM).