Evaluation of the Implementation of Good Corporate Governance at PT Yodya Karya (Persero) on the Impact of Financial Performance

This study aims to assess the implementation of Good Corporate Governance (GCG) in PT Yodya Karya (Persero) and evaluate its impact on the company's financial performance. GCG is a set of principles and systems designed to guide and control companies, with the aim of increasing accountability and transparency and protecting the interests of stakeholders. This study uses a qualitative descriptive method with a case study approach. The data used includes the financial statements of PT Yodya Karya (Persero) from 2019 to 2023 as well as documentation related to the implementation of GCG in the company. Data analysis is carried out using GCG indicators such as board of directors structure, regulatory compliance, transparency, and risk management, which are then compared to the company's financial performance as measured through financial ratios such as ROA, ROE, and NPM. The results of the study show that the implementation of GCG at PT Yodya Karya (Persero) is quite good, although there are still several areas that need to be improved, such as increased transparency and risk management. From the analysis of financial performance, it was found that the implementation of GCG had a positive correlation with the improvement of the company's financial performance, which was shown by an increase in financial ratios during the research period. The conclusion of this study is that the implementation of good GCG can have a positive impact on the company's financial performance. Therefore, it is recommended that PT Yodya Karya (Persero) continue to improve and optimize the application of GCG principles to achieve better financial performance in the future.