STUDI TENTANG CORPORATE GOVERNANCE DAN PENGARUHNYA TERHADAP KINERJA KEUANGAN BANK YANG TERCATAT DI BURSA EFEK INDONESIA

Abstract

This study aims to analyze the effect of good
corporate governance on bank financial
performance listed in IDX. Constructs were
developed this study, External Corporate
Governance proxy for Regulatory
Compliance, as measured by the Capital
Adequacy Ratio (CAR), Internal Corporate
Governance- Manager proxy for Sensitivity
Compensation-Performance, Internal
Corporate Governance-owner proxy with
Variance coefficient Net Interest Margin
(NIM), Financial Performance proxied by
Return on Assets (ROA). The population used
in this study were all commercial banks listed
on the Stock Exchange from 2009-2013. The
data used in this study in the form of annual
financial statements obtained from the
Publications Indonesia Stock Exchange
(IDX). After passing through the stage
purposive sample, the samples were used by
30 (thirty) banks. The method of analysis used
in this study is the analysis of panel data
regression. With the model specification test
use Random Effect Model (REM). coefficient
of determination (R2), test hypothesis with a
significance level of 5%. The results showed
that the variable External Corporate
Governance proxied by the Capital Adequacy
Ratio (CAR) and a significant effect on ROA
and Internal Corporate Governance-Manager
proxy for Sensitivity Compensation-
Performance not effect on ROA. While the
Internal Corporate Governance-owners proxy
with Variance coefficient Net Interest Margin
(NIM), has a significant effect on ROA. Of
two significant variables, variables Internal
Corporate Governance-Owner proxied by the
coefficient of variance NIM has a greater
effect on financial performance (ROA).