PENGARUH GOOD CORPORATE GOVERNANCE (GCG) TERHADAP PROFITABILITAS DAN KINERJA SAHAM PERUSAHAAN PERBANKAN YANG TERCATAT DI BURSA EFEK INDONESIA
Abstrak: GCG is interesting
topic to be scrutinized. In this case, corporate governance system canprovide
effective protection for stockholder and stakeholders, thus they can have
confidencein return of investment. This study tries to analyze the impact of
GCG toward profitabilityratios and bank stock performance. Samples of this
study are banking companies listed inIndonesia Stock Exchange. Purposive sampling
was used as sampling technique. Twenty sixcompanies were obtained by using
several criterions as listed in IDX during 2008, no corporateaction which can
change theoretical price in 2008 and complete data was available.GCG, ROA, ROE,
NIM, stock return and PER was variable which studied in this
research.Regression technique used to analyze the data. The research result
shows that GCG havesignificant positive impact on ROA, ROE, NIM and PER. GCG
doesnt have significant impacttoward stock return. It can be implied that
investor access toward GCG implementationinformation in listed banking company
must be widened and the capital market authoritiesshall conduct a regulation
that forces public company to disclose GCG implementation
Penulis: David Tjondro,
Romanus Wilopo
Kode Jurnal: jpakuntansidd110249