PENGARUH MEKANISME CORPORATE GOVERNANCE DAN KINERJA INTELLECTUAL CAPITAL TERHADAP KINERJA KEUANGAN

Abstract

This research aimed to examine the effect of Mechanism Good Corporate Governance (GCG) and Intellectual Capital (IC) on financial performance which ws referred to as the Return On Assets (ROA) of Property and Real Estate listed on the Indonesia Stock Exchange (IDX). Moreover, the research was quantitative. The data were secondary, in form of companies' annual reports. Furthermore, the data collection technique used purposive sampling. In line with that, there were 32 companies that were listed on IDX during 5 years (2017-2021). In total, there were 160 samples. The result concluded that Good Corporate Governance (GCG) which consisted of a Board of Directors, n Independent Commissioner Board, an Audit Committee, Managerial and Institutional Ownership had a insignificant effect on financial performance that was referred to as the Return On Asset (ROA). On the other hand, IC which consisted of VACA, VAHU, and STVA had a positive and significant effect on financial performance that was referred to as the Return On Assets (ROA).