Journal of Economics, Finance and Management Studies ISSN (print): 2644-0490, ISSN (online): 2644-0504 Volume 5 Issue 08 August 2022 Article DOI: 10.47191/jefms/v5-i8-09, Impact Factor: 6.274 Page No. 2182-2190 JEFMS, Volume 5 Issue 08 2022 www.ijefm.co.in Page 2182 Good Corporate Governance Model on Corporate Financial Performance in the Era of the Digital Revolution on the Indonesia Stock Exchange Etty Harya Ningsi 1 , Lambok Manurung 2 , Yola Ardillah 3 , Siti Rahmadani 4 1,2,3,4 Universitas Battuta, Medan ABSTRACT: The weakness of good corporate governance in Indonesia is still weak. One of the important roles of implementing good corporate governance in supporting sustainable economic growth and stability is to improve financial performance in the current era of the digital revolution. Good management will cause the supervisory process to run well so that the company's financial performance can be monitored and have an impact on the planned targets being achieved. The achievement of the company's target makes financial performance increase so that it has an impact on increasing the value of the company and maintaining the company's sustainability in the long term. This study aims to identify and overcome obstacles that can hinder the company's ability to generate profits and improve the desired company's financial performance. The method of analysis in this study uses multiple linear regression. On the other hand, the research also uses other tests, namely descriptive statistical tests and hypothesis testing. The results of the study indicate that good corporate governance simultaneously has a significant effect on financial performance with a value of 16,246. The author advises companies to pay attention to the existence of good corporate governance which is not just meeting the requirements of legislation, if good corporate governance is improved, there will be an increase in costs to be incurred by the company. KEYWORDS: Audit Committee, Board of Commissioners, Foreign Ownership, Financial Performance I. INTRODUCTION The current developing economic situation has brought many changes in the national economy, especially the increasingly fierce world of business competition, this can be seen from economic actors both domestic and foreign who do not hesitate to carry out their business activities in Indonesia. Each company must have its characteristics to be more advanced and developed than other companies. Many ways must be done by a company to be able to develop and get maximum profit, one of them is by having good corporate governance. In general, companies have an interest in measuring their financial performance. The definition of financial performance itself is the determination of certain measures that can measure the success of a company in generating profits ( Sucipto, 2018). In the measurement and assessment of the company's financial performance, it is necessary to establish a clear statement of the objectives to be achieved, thereby obtaining the desired results. The company's ability to generate profits is the main focus of assessing the company's financial performance. Profit is not only an indicator of the company's ability to fulfill the obligations of funders but also an element of company value creation that shows the company's prospects in the future. The management of the company must be monitored and controlled to ensure that the management is carried out in a transparent manner and full compliance with the applicable rules and regulations. Good management makes the supervisory process run well so that management performance can be monitored and the impact on the planned target is achieved. The achievement of the company's target makes financial performance increase so that it has an impact on increasing the value of the company (Hazri & Laela, 2017). Various efforts have been made to improve the performance of the company, one of which is the implementation of good corporate governance. The view of ordinary people regarding good corporate governance often refers to the company's performance (Irayanti & Tumbel, 2014). Corporate governance is a concept proposed to improve company performance through monitoring management performance and ensuring management accountability to shareholders based on a regulatory