Transparency, Accountability, Responsibility, Independency and Fairness: An Implementation of Financial Performance

Putu Ratna Sintha Wati * and Putu Ery Setiawan

Faculty of Economics and Business, Udayana University, Denpasar, Bali, Indonesia.
 
Research Article
World Journal of Advanced Research and Reviews, 2023, 19(01), 386–393
Article DOI: 10.30574/wjarr.2023.19.1.1363
 
Publication history: 
Received on 30 May 2023; revised on 06 July 2023; accepted on 08 July 2023
 
Abstract: 
This study aims to obtain empirical evidence regarding the influence of good governance principles on the financial performance of Village Credit Institutions in Selat District. This research was conducted at Village Credit Institutions (Village Credit Institution) throughout Selat District. The method of determining the sample is nonprobability sampling with saturated sampling technique and a sample of 26 Village Credit Institutions is obtained with the Chairperson of the Village Credit Institution and the Supervisory Board as research respondents. The analysis technique used in this study is multiple linear regression analysis. Based on the research results obtained, the principles of good governance namely transparency, accountability, responsibility, independency, and fairness have a positive and significant effect on the implementation of financial performance.
 
Keywords: 
Good governance; Financial performance; Village Credit Institution; Transparency; Accountability; Responsibility; Independency; Fairness
 
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