PENERAPAN MANAJEMEN RESIKO BANK, TATA KELOLA PERUSAHAAN DAN KINERJA PERUSAHAAN PERBANKAN INDONESIA

Abstract

Bank as one of the financial institutions in Indonesia is demanded by itsowners and shareholders to have good performance in order tocontinuously increase the value of the company. In order to improveperformance, companies must be able to analyze the risks that mightoccur by implementing risk management. However, good riskmanagement is not adequate to describe the good performance of banksif the banking sector has not been well implemented the GCG. This studyaims to examine the effect of risk management and Good CorporateGovernance (GCG) on company performance. Research conducted oncompanies from the banking sector included in 50 top companies list withhighest CG score based on the IICD version in 2017. Risk management inthis study is measured by four ratios, namely the NPL ratio to measurecredit risk, NIM to measure market risk, LDR to measure risk liquidity andBOPO to measure operational risk. GCG in this study is measured by theresults of GCG implementation assessment based on the ASEAN CGScorecard. ROA and Tobin’s Q, measure the company’s performance asthe dependent variable in this study. The results showed that only NPL,NIM and BOPO had a significant effect on company performance that wasproxied by ROA and only LDR, BOPO and GCG that had a significant effecton company performance, which was proxied with Tobin's Q.