Analysis the Influence of Good Corporate Governance, Environmental Social Governance, Financial Strength, and Operational Efficiency on Financial Performance: Study of Energy Companies Listed in Indonesia Stock Exchange on 2016-2022

This study aims to determine the effect of GCG, ESG, financial strength, and operational efficiency on financial performance. The type of research used is associative using a quantitative approach. The sampling technique in this study used the purposive sampling method and obtained 76 company samples with observation time during 2016-2022. The data analysis technique used is panel data regression analysis using E-Views 12. The results of this study show that partially the variables GCG, ESG, and financial strength have an insignificant effect on financial performance. Operational efficiency variables have a significant effect on financial performance. The results of this study simultaneously show that GCG, ESG, financial strength, and operational efficiency variables have a significant effect on financial performance.