Analisis Profitabilitas Sebelum dan Sesudah Pemenuhan Corporate Governance pada Perusahaan Manufaktur yang Go Publik di Bursa Efek Jakarta

Abstract

The objective of this research is to find empirical evidence about differences of profitability before and after good corporate governance (independence commisioner, audit committee, and corporate secretary) as /CEP•399/8E07-2001 yaitu Peraturan Pencatatan Efek Islomor I-A : Tentang Ketentuan UMW?? Pencatatan Efek Bersilat Ekuitas Di Bursa Hurul C.1 declared in Bursa Efek Jakarta. Claessens, Djankov, dan Pohl (1996): Patibandia (2001); Gompers, Ishii, and Metrick (2003) found that corporate performance much better alter good corporate governance in that profitability. From 155 manufactured companies in Bursa Efek Jakarta. there're 13 companies that had good corporate givernance as KEP•3991BES07-2001. With paired Nest , this research found that profitability (gross profit margin, operating profit margin, net profit margin, dan return on assets) decline after GCG and only return on equity had better. Keywords :good corporate governance, gross profit margin, operating profit margin, net profit margin, return on assets, return on equiyt, independence commisioner, audit committee, and corporate secretary