The Effect Of Good Corporate Governance On The Company Financial Performance (Study Case In Indonesian Energy Sector Listed Companies In Indonesian Stock Exchange From Period 2018-2021)

Abstract

The objective of this study is to examine empirically the impact of corporate governance on financial performance of energy sector companies listed in IDX, covering the period from 2018 to 2021. This research uses purposive sampling method Multiple linear regressions is used as the method. The results demonstrated that the managerial ownership had a positive and significant effect on company financial performance, while, institutional ownership, size of board directors, size of audit committee had positive and insignificant effect on company financial performance and proportion of board commissioners independence had a negative and insignificant effect on company financial performance.