The Effect of Self Assessment Good Corporate Governance and Risk Management on Financial Performance
Keywords:
Good Corporate Governance, Risk Management, Financial PerformanceAbstract
ABSTRACT
This quantitative study examines the impact of The Self Assessment of Good Corporate Governance and Risk Management, proxied by Credit Risk (NPL), Market Risk (NIM), Liquidity Risk (LDR), and Operational Risk (BOPO), on Financial Performance measured by Return on Assets (ROA). The research utilizes secondary data from 29 conventional banking companies listed on the Indonesia Stock Exchange over a 5-year period, generating 145 observation data points from 2018 to 2022. Data analysis employs Eviews 12 for descriptive statistics, model accuracy tests, classical assumption tests, coefficient of determination (R²), panel data linear regression analysis, as well as F and t statistical tests. Findings indicate that both GCG and Risk Management variables collectively influence financial performance based on F-test results. Specifically, t-test results reveal that NIM and BOPO variables partially impact financial performance, whereas GCG, NPL, and LDR variables show no partial effects.
ABSTRAK
Penelitian kuantitatif ini mengkaji dampak penilaian Tata Kelola Perusahaan (GCG) dan Manajemen Risiko, yang diproksikan dengan Risiko Kredit (NPL), Risiko Pasar (NIM), Risiko Likuiditas (LDR), dan Risiko Operasional (BOPO), terhadap Kinerja Keuangan yang diukur dengan Return on Assets (ROA). Penelitian ini menggunakan data sekunder dari 29 perusahaan perbankan konvensional yang terdaftar di Bursa Efek Indonesia selama periode 5 tahun, menghasilkan 145 data observasi dari tahun 2018 hingga 2022. Analisis data menggunakan Eviews 12 untuk statistik deskriptif, uji akurasi model, uji asumsi klasik, koefisien determinasi (R²), analisis regresi linier data panel, serta uji statistik F dan t. Temuan menunjukkan bahwa baik variabel GCG maupun Manajemen Risiko secara kolektif memengaruhi kinerja keuangan berdasarkan hasil uji F. Secara khusus, hasil uji t mengungkapkan bahwa variabel NIM dan BOPO memengaruhi kinerja keuangan secara parsial, sedangkan variabel GCG, NPL, dan LDR tidak menunjukkan pengaruh secara parsial.
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