Citation:

Astrie Krisnawati, Destyzhavia Clearesta. "The Influence of Good Corporate Governance on the Profitability of Manufacturing Companies (A Study on Food & Beverage Subsector Companies Listed on the Indonesia Stock Exchange Period 2018-2022)" International Research Journal of Economics and Management Studies, Vol. 3, No. 7, pp. 299-303, 2024.

Abstract:

Companies that increase profits cannot avoid the risk of fraud. Companies can implement GCG in preventing and correcting the risk of fraud. This study investigates the effect of GCG on profitability. The purposive sampling method resulted in 25 companies in the 2018-2022 period. This study method uses quantitative. The result of this study partially does not affect profitability. However, it simultaneously affects profitability. Therefore, independent commissioners, audit committees, institutional ownership, and managerial ownership must work together to manage the company effectively. This research can inform investment decisions by identifying companies with strong GCG practices.

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Keywords:

Independent Commissioners, Audit Committees, Institutional Ownership, Managerial Ownership, Profitability.