Pengaruh Good Corporate Governance Terhadap Kinerja Keuangan Perusahaan Tekstil dan Pakaian Yang Terdaftar di Bursa Efek Indonesia Periode 2020-2024

Abstract

This study aims to determine the effect of Good Corporate Governance, based on the mechanisms of the Audit Committee, Independent Board of Commissioners, and Board of Directors, both partially and simultaneously, on the Financial Performance of companies in the Textile and Garment sector listed on the Indonesia Stock Exchange for the period 2020-2024. The period used in this research is five years, from 2020 to 2024. Samples were taken using purposive sampling methods. The population in this study consists of all Textile and Garment companies that have been and are still listed on the Indonesia Stock Exchange from 2020 to 2024. From a population of 22 Textile and Garment companies, 11 companies were selected as samples with an observation period of five years (2020-2024). The software analysis used in this research was conducted with IBM SPSS Statistics 26. The results of this study indicate that the Audit Committee variable does not have a direct and significant effect on the financial performance of the company. The results of this study also show that the Independent Board of Commissioners variable does not have a direct and significant effect on the financial performance of the company. The Board of Directors has a negative and significant effect on the financial performance of the company. Furthermore, the Audit Committee, the Board of Directors, and the Independent Board of Commissioners simultaneously affect the financial performance of textile and apparel companies listed on the Indonesia Stock Exchange for the period 2020-2024.