OPTIMIZING COMPANY PERFORMANCE: THE IMPACT OF GCG WITH SUSTAINABLE EFFICIENCY AS A MEDIATOR

Abstract

This study aims to determine the effect of good corporate governance components, GCG indicators, namely concentrated ownership, proportion of independent commissioners and the frequency of meetings of the Board of Commissioners and Directors. On company performance with proxies by ROE and Tobin's Q with stable efficiency as a mediating variable. A total of 64 samples during the 2019-2023 period in basic material, cyclical and non-cyclical companies. . The data processing method used SEM PLS 4.0. The results of the study show that GCG has a significant and positive effect on company performance, GCG has a significant positive effect on sustainable efficiency and sustainable efficiency has a significant positive effect on company performance and Sustainable efficiency partially mediates the effect of GCG on company performance.