According to the Asian Development Bank report, responsibility of the board is one of the principles that has not been implemented properly in Indonesia. There are several things that can represent the responsibilities of the board such as independency, competence, and participation. The aim to this study is to analyze the effect of the independency proxied by the proportion of independent commissioners, the competence proxied by the board's working experience in the major industry of the company, and the participation proxied by the average percentage attendance of the board in the meeting to corporate financial performance represented with ROA. The sample used in this study is in the period of 2011 -2015 with a total of 1229 firm-years. The hypothesis testing in this research uses panel data regression analysis. The result shows that independency of the board has no effect to corporate financial performance, while the competence of the board has a positive effect to corporate financial performance and participation of the board shows a negative effect to corporate financial performance. SARI PATIMenurut laporan dari Asian Development Bank, salah satu prinsip tata kelola perusahaan yang belum diimplementasikan dengan baik di Indonesia adalah tanggung jawab dewan komisaris. Terdapat beberapa hal yang dapat menggambarkan tanggung jawab dewan komisaris antara lain independensi, kompetensi, dan partisipasi. Penelitian ini bertujuan untuk menganalisis pengaruh independensi yang diproksikan dengan proporsi komisaris independen, kompetensi yang diproksikan dengan proporsi dewan komisaris yang berasal dari industri utama perusahaan beroperasi, dan partisipasi yang diproksikan dengan rata-rata persentase kehadiran dewan komisaris dalam rapat terhadap kinerja keuangan perusahaan yang diproksikan dengan ROA. Sampel penelitian berjumlah 1229 perusahaan-tahun yang meliputi periode 2011-2015. Pengujian dilakukan dengan regresi data panel. Hasil pengujian menunjukkan bahwa independensi dewan komisaris tidak berpengaruh terhadap kinerja keuangan perusahaan, sedangkan kompetensi dewan komisaris berpengaruh positif dan partisipasi dewan komisaris berpengaruh negatif terhadap kinerja keuangan perusahaan.
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