ANALISIS PENGARUH CORPORATE GOVERNANCE TERHADAP KINERJA PERBANKAN KONVENSIONAL DI INDONESIA (Studi Pada Perbankan Konvensional Yang Terdaftar Di BEI Periode 2005 – 2009)

Abstract

Banking is a very important part in the economy, and governance systems are very complicated. the Asian crisis and several related cases of poor corporate governance that need more attention from the government. This study aims to investigate the effect of corporate governance on the performance of general banking in Indonesia. Independent variables used in this research is corporate governance which uses four proxies is an Independent Commissioner, Board of Commissioners, Board of Directors and Institutional Ownership, while the dependent variable is firm performance as measured by using proxy ROA. The sample used in this research is the general banking companies in Indonesia. The research data is derived from the annual report in the periode 2005-2009 by using purposive sampling method obtained from the website of the Indonesia Stock Exchange (IDX) and Indonesia Capital Market Directory (ICMD). The analytical method used is multiple linear regression in accordance with the purpose of research which analyzes the influence of independent variables on the dependent variable. Purposive sampling method used to determine the sample selection and obtained 18 samples of commercial banks. Results of analysis of this study indicate that only the number of member of board of director is significantly positive effect on firm performance (ROA), while the other variable is the percentage of independent commissioner, the number of members of the Board of Commissioners, and percentage Of Institutional Ownership does not have a significant impact on firm performance (ROA).