PENGARUH CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN PERUSAHAAN (Studi Pada Perusahaan Manufaktur Sektor Food And Baverage Yang Terdaftar Di Bursa Efek Indonesia)

THE INFLUENCE OF CORPORATE GOVERNANCE ON COMPANY FINANCIAL PERFORMANCE (Study on Manufacturing Companies in the Food And Baverage Sector Listed on the Indonesia Stock Exchange)

The research was conducted with the aim of assessing the influence of CG on the financial performance of companies in the food and beverage sector on the IDX in 2018 -2020. The data in this study are financial statements for 2018-2020 using the type of purposive sampling research, based on the established criteria, 12 companies were obtained. The data analysis techniques used in this study are: (1) Classical Assumption Test (normality, autocorrelation, multicollinearity, and heteroscedasticity. (2) f-test and t-test were tested using the SPSS program. The results in this study are: (1) f test results that Independent Commissioners, Board of Directors, and Managerial Ownership have an effect on Financial Performance (ROA) (2) t test results show that Independent Commissioners and Managerial Ownership have a negative effect on Financial Performance (ROA), while Board of Directors have a positive effect on Financial Performance (ROA) Thus, this study suggests to companies to improve corporate governance mechanisms in order to maximize the company's financial performance.

Keywords: Independent Commissioner, Board of Directors, Managerial Ownership, Company Financial Performance, ROA, IDX.