Abstract :
This research focused on the effect of Good Corporate Governance
implementation on financial performance of a company in Jakarta Bursary Effect.
This research aimed to find and prove the effect of Good Corporate
Governance on financial performance in public company empirically. The
independent variables used were: KAP measurement, Independent Audit
Committee and Board of Commissioner Proportion. For dependent variable,
financial activity was measured by using Return on Equity.
The hypothesis in this research stated that there was a positive effect
among KAP measurement on financial performance and a positive effect among
Independent Board of Commissioner Proportion on financial performance.
The analysis, that was used to test whether it had a relationship or effect,
used a test of linier regression of double dummy variables in significant level ? =
5%.
The research result showed that KAP measurement did not give a positive
effect on financial performance, Independent Audit Committee gave a positive
effect on financial performance and Independent Board of Commissioner
Proportion did not give a positive effect on financial performance.
Based on the research above, it shows that there is only Independent Board
of Commissioner Proportion that gives effect on financial performance in the
implementation of Good Corporate Governance done by the company.