Pengaruh Penerapan Good Corporate Governance Terhadap Profitabilitas Perusahaan Go Public Sektor Keuangan di Indonesia

This study aims to examine the effect of implementing Good Corporate Governance (GCG) on profitability. Good Corporate Governance (GCG) consists of several mechanisms, namely managerial ownership, institutional ownership, independent commissioners, and audit committees. Profitability is measured using Return on Equity (ROE). This type of research is a quantitative research, for the sampling technique using purposive sampling, namely selecting the sample by determining the criteria determined by the researcher, in order to obtain a research sample of 95 samples from 19 financial sector companies listed on the Indonesia Stock Exchange (IDX) during the period 2017-2021 years. The analytical method used is multiple linear regression analysis using the SPSS program. The results of this study indicate that the managerial ownership variable and the proportion of independent commissioners have no significant effect on Return on Equity (ROE), while the institutional ownership variable and the proportion of audit committee have a negative and significant effect on Return on Equity (ROE)