The Influence of Corporate Governance Perception Index and Profitability on Company Performance in Companies Registered with the Indonesian Institute for Corporate Governance 2017 – 2022

This study aims to analyze the effect of the Corporate Governance Perception Index (CGPI) and profitability on company performance in companies listed on the Jakarta Islamic Index (JII) from 2018-2023. CGPI is used as an indicator to evaluate the quality of corporate governance, while profitability...

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Main Authors: Diza Muzdhalifa, Siti Jamilah
Format: Article
Language:English
Published: Universitas KH Abdul Chalim, Prodi Ekonomi Syariah 2025-05-01
Series:Indonesian Interdisciplinary Journal of Sharia Economics
Subjects:
Online Access:https://www.e-journal.uac.ac.id/index.php/iijse/article/view/6432
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author Diza Muzdhalifa
Siti Jamilah
author_facet Diza Muzdhalifa
Siti Jamilah
author_sort Diza Muzdhalifa
collection DOAJ
description This study aims to analyze the effect of the Corporate Governance Perception Index (CGPI) and profitability on company performance in companies listed on the Jakarta Islamic Index (JII) from 2018-2023. CGPI is used as an indicator to evaluate the quality of corporate governance, while profitability is measured using Market Value Added (MVA) as a proxy. This study focuses on companies that meet certain Sharia principles and financial criteria and are selected based on a purposive sampling method. The results of this study are expected to provide theoretical contributions to the development of the concept of corporate governance in the context of Sharia, as well as provide empirical evidence regarding the relationship between CGPI, profitability, and company performance. In addition, this study aims to provide insight for companies and the public to understand the impact of CGPI implementation on company value while enriching the literature on Sharia economics. This study uses a quantitative approach with secondary data from financial reports and CGPI ratings.
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spelling doaj-art-468f0141b7af4aa0a93fe1fda7554f312025-08-20T02:16:22ZengUniversitas KH Abdul Chalim, Prodi Ekonomi SyariahIndonesian Interdisciplinary Journal of Sharia Economics2621-606X2025-05-018210.31538/iijse.v8i2.6432The Influence of Corporate Governance Perception Index and Profitability on Company Performance in Companies Registered with the Indonesian Institute for Corporate Governance 2017 – 2022Diza Muzdhalifa0Siti Jamilah1Universitas Muhammadiyah Jakarta, Jakarta, IndonesiaUniversitas Muhammadiyah Jakarta, Jakarta, Indonesia This study aims to analyze the effect of the Corporate Governance Perception Index (CGPI) and profitability on company performance in companies listed on the Jakarta Islamic Index (JII) from 2018-2023. CGPI is used as an indicator to evaluate the quality of corporate governance, while profitability is measured using Market Value Added (MVA) as a proxy. This study focuses on companies that meet certain Sharia principles and financial criteria and are selected based on a purposive sampling method. The results of this study are expected to provide theoretical contributions to the development of the concept of corporate governance in the context of Sharia, as well as provide empirical evidence regarding the relationship between CGPI, profitability, and company performance. In addition, this study aims to provide insight for companies and the public to understand the impact of CGPI implementation on company value while enriching the literature on Sharia economics. This study uses a quantitative approach with secondary data from financial reports and CGPI ratings. https://www.e-journal.uac.ac.id/index.php/iijse/article/view/6432Corporate Governance Perception IndexProfitabilityCompany PerformanceJakarta Islamic IndexSharia Economics
spellingShingle Diza Muzdhalifa
Siti Jamilah
The Influence of Corporate Governance Perception Index and Profitability on Company Performance in Companies Registered with the Indonesian Institute for Corporate Governance 2017 – 2022
Indonesian Interdisciplinary Journal of Sharia Economics
Corporate Governance Perception Index
Profitability
Company Performance
Jakarta Islamic Index
Sharia Economics
title The Influence of Corporate Governance Perception Index and Profitability on Company Performance in Companies Registered with the Indonesian Institute for Corporate Governance 2017 – 2022
title_full The Influence of Corporate Governance Perception Index and Profitability on Company Performance in Companies Registered with the Indonesian Institute for Corporate Governance 2017 – 2022
title_fullStr The Influence of Corporate Governance Perception Index and Profitability on Company Performance in Companies Registered with the Indonesian Institute for Corporate Governance 2017 – 2022
title_full_unstemmed The Influence of Corporate Governance Perception Index and Profitability on Company Performance in Companies Registered with the Indonesian Institute for Corporate Governance 2017 – 2022
title_short The Influence of Corporate Governance Perception Index and Profitability on Company Performance in Companies Registered with the Indonesian Institute for Corporate Governance 2017 – 2022
title_sort influence of corporate governance perception index and profitability on company performance in companies registered with the indonesian institute for corporate governance 2017 2022
topic Corporate Governance Perception Index
Profitability
Company Performance
Jakarta Islamic Index
Sharia Economics
url https://www.e-journal.uac.ac.id/index.php/iijse/article/view/6432
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