Analisis Pengaruh Mekanisme Good Corporate Governance Terhadap Return On Asset dan Kinerja Emiten Pada Sektor Perbankan di Bursa Efek Indonesia Tahun 2023-2024
DOI:
https://doi.org/10.35870/jemsi.v11i5.4560Keywords:
Indonesia Stock Exchange, Good Corporate Governance, Banking Sector, Return on AssetAbstract
This study aims to analyze the influence of Good Corporate Governance (GCG) mechanisms on Return on Assets (ROA) as an indicator of financial performance in banking sector issuers listed on the Indonesia Stock Exchange (IDX) during the 2023–2024 period. The independent variables include managerial ownership, institutional ownership, independent commissioners, audit committee, and board meeting frequency. A quantitative approach is used with multiple linear regression analysis. The sample consists of 20 banking companies selected using purposive sampling. The results of the simultaneous test indicate that all GCG variables jointly have a significant effect on ROA. Partially, managerial ownership, independent commissioners, audit committee, and meeting frequency significantly affect ROA, while institutional ownership does not. The coefficient of determination (R²) of 78.8% indicates that variations in ROA can be explained by the five GCG variables. These findings emphasize the importance of effective corporate governance practices in improving the financial performance of banking firms.
Downloads
References
Alfarano, S., & Blanco-Arroyo, O. (2022). Banking Sector Concentration, Credit Supply Shocks and Aggregate Fluctuations.
Fanta, A. B., Kemal, K. S., & Waka, Y. K. (2013). Corporate governance and impact on bank performance. Journal of Finance and Accounting, 1(1), 19-26.
Firdaus, A., Mariana, M., Diana, D., Alfianti, J., Saputra, R., & Aztari, A. M. (2025). Pengaruh GCG dan CSR dalam Meningkatkan Kinerja Keuangan Bank di BEI. Owner: Riset dan Jurnal Akuntansi, 9(2). https://doi.org/10.33395/owner.v9i2.2672.
Haniffa, R., & Hudaib, M. (2006). Corporate governance structure and performance of Malaysian listed companies. Journal of business finance & accounting, 33(7‐8), 1034-1062. https://doi.org/10.1111/j.1468-5957.2006.00594.x.
Irawati, N., Maksum, A., Sadalia, I., & Muda, I. (2019). Financial performance of indonesian’s banking industry: the role of good corporate governance, capital adequacy ratio, non performing loan and size. International Journal of Scientific and Technology Research, 8(4), 22-26.
Irma, A. D. A. (2019). Pengaruh komisaris, Komite audit, struktur kepemilikan, size, dan leverage terhadap kinerja keuangan perusahaan properti, perumahan dan konstruksi 2013-2017. Jurnal Ilmu Manajemen, 7(3), 697-712.
Irsyad, M. (2022). Pengaruh Kepemilikan Institusional, Kepemilikan Manajerial Dan Corporate Social Responsibility Terhadap Kinerja Keuangan. AKRUAL: Jurnal Akuntansi dan Keuangan, 4(2), 16-26. https://doi.org/10.34005/akrual.v4i2.2444.
Jumaa, M. A. M. S. (2020). The effect of corporate governance on bank performance evidence from UAE. International Journal of Corporate Finance and Accounting (IJCFA), 7(1), 16-38.
Novitasari, I., Endiana, I. D. M., & Arizona, I. P. E. (2020). Pengaruh Mekanisme Good Corporate Governance Terhadap Kinerja Keuangan Perusahaan Perbankan Yang Terdaftar Di BEI. Kumpulan Hasil Riset Mahasiswa Akuntansi (KHARISMA), 2(1).
Prakarsa, R. B., Yadiati, W., & Suciati, N. H. (2020). Pengaruh Risk Profile, Good Corporate Governance, Earning, Capital terhadap Value of Firm di Bursa Efek Indonesia. Jurnal Maksipreneur: Manajemen, Koperasi, Dan Entrepreneurship, 9(2), 137-152. https://doi.org/10.30588/jmp.v9i2.530.
Purwanto, P., Bustaram, I., Subhan, S., & Risal, Z. (2020). the Effect of Good Corporate Governance on Financial Performance in Conventional and Islamic Banks: an Empirical Studies in Indonesia. International Journal of Economics and Financial Issues, 10(3), 1.
Putra, A. (2021). Dynamic Behavior in Indonesian Banking Liquidity Management. Journal Advancement Center for Finance and Accounting, 1(01), 86-102.
Rahmawati, A., & Pratama, I. G. (2021). Penerapan Good Corporate Governance dalam sektor perbankan: Studi empiris pada bank umum. Jurnal Tata Kelola dan Akuntabilitas Keuangan Negara, 7(1), 1–14.
Ritonga, T. (2024). Analisis faktor dominan yang memengaruhi Return On Asset (ROA) pada bank umum syariah (Doctoral dissertation, UIN Syekh Ali Hasan Ahmad Addary Padangsidimpuan).
Sakyi, K. A., Musona, D., & Mweshi, G. K. (2020). Research methods and methodology.
Sembiring, Y. C. B., & Saragih, A. E. (2019). Pengaruh komisaris independen dan komite audit terhadap kinerja keuangan pada perusahaan perbankan yang terdaftar di Bursa Efek Indonesia. Jurnal Riset Akuntansi & Keuangan, 229-242. https://doi.org/10.54367/jrak.v5i2.535.
Sharma, M., & Choubey, A. (2022). Green banking initiatives: a qualitative study on Indian banking sector. Environment, Development and Sustainability, 24(1), 293-319.
Situmorang, P. L., & Siahaan, R. L. M. (2024). Analisis Hubungan Inflasi dan Pertumbuhan Ekonomi. Jurnal Ilmiah Ekonomi, Akuntansi, dan Pajak, 1(2), 245-255.
Sukawati, T. A., & Wahidahwati, W. (2020). Pengaruh Kinerja Keuangan Dan Efektivitas Komite Audit Terhadap Financial Distress. Jurnal Ilmu dan Riset Akuntansi (JIRA), 9(1).
Ulum, S. N., & Suryatimur, K. P. (2022). Analisis peran sistem pengendalian internal dan good corporate governance dalam upaya pencegahan fraud. Jurnal Ilmiah Akuntansi Kesatuan, 10(2), 331-340. https://doi.org/10.37641/jiakes.v10i2.1328.
Wowor, M. G., Tinangon, E. N., & Karwur, G. (2025). ANALISIS PERAN PENGAWASAN BANK INDONESIA UNTUK MENJAGA STABILITAS SISTEM KEUANGAN. Lex Administratum, 13(1).
Downloads
Published
Issue
Section
License
Copyright (c) 2025 Muhamad Saparudin, Hery Haryanto, Dewi Khomidah Marheni
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
1. Copyright Retention and Open Access License
Authors retain copyright of their work and grant the journal non-exclusive right of first publication under the Creative Commons Attribution 4.0 International License (CC BY 4.0).
This license allows unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2. Rights Granted Under CC BY 4.0
Under this license, readers are free to:
- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material for any purpose, including commercial use
- No additional restrictions — the licensor cannot revoke these freedoms as long as license terms are followed
3. Attribution Requirements
All uses must include:
- Proper citation of the original work
- Link to the Creative Commons license
- Indication if changes were made to the original work
- No suggestion that the licensor endorses the user or their use
4. Additional Distribution Rights
Authors may:
- Deposit the published version in institutional repositories
- Share through academic social networks
- Include in books, monographs, or other publications
- Post on personal or institutional websites
Requirement: All additional distributions must maintain the CC BY 4.0 license and proper attribution.
5. Self-Archiving and Pre-Print Sharing
Authors are encouraged to:
- Share pre-prints and post-prints online
- Deposit in subject-specific repositories (e.g., arXiv, bioRxiv)
- Engage in scholarly communication throughout the publication process
6. Open Access Commitment
This journal provides immediate open access to all content, supporting the global exchange of knowledge without financial, legal, or technical barriers.
