scholarly journals Good Corporate Governance and Prediction of Financial Distress to Stock Prices: Atman Z Score Approach

2019 ◽  
Vol 6 (11) ◽  
pp. 56-62
Author(s):  
Rieke Pernamasari ◽  
Sri Purwaningsih ◽  
Juita Tanjung ◽  
Dewi Puji Rahayu
Keyword(s):  
Corporate Governance ◽  
Stock Prices ◽  
Financial Distress ◽  
Z Score ◽  
Good Corporate Governance

scholarly journals ANALISIS PENGARUH KINERJA KEUANGAN DAN GOOD CORPORATE GOVERNANCE TERHADAP FINANCIAL DISTRESS (STUDI KASUS PADA PERUSAHAAN PERBANKAN DI BEI TAHUN (2016-2018)

2021 ◽  
Vol 1 (4) ◽  
pp. 55-66
Author(s):  
Anggita Julia Mahmud ◽  
Lilik Handajani ◽  
Iman Waskito
Keyword(s):  
Corporate Governance ◽  
Financial Distress ◽  
Capital Adequacy ◽  
Z Score ◽  
Good Corporate Governance ◽  
Capital Adequacy Ratio

Tujuan dalam penelitian ini adalah untuk menganalisa pengaruh kinerja keuangan dan good corporate governance terhadap financial distress pada perusahaan perbankan yang terdaftar di BEI pada tahun 2016-2018.Populasi dalam penelitian ini adalah perusahaan perbankan konvensional yang terdaftar di Bursa Efek Indonesia (BEI) periode 2016-2018. Sampel yang diambil dalam penelitian ini adalah 41 perusahaan perbankan konvensional. Analisis data dalam penelitian ini menggunakan metode analisis regresi berganda.Hasil penelitian ini membuktikan bahwa non perfoming loan dan good corporate governance berpengaruh negatif signifikan terhadap financial distress sedangkan loan to deposit ratio, return on asset, dan capital adequacy ratio berpengaruh positif signifikan terhadap financial distress yang diproksikan dengan altman z-score.

scholarly journals PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP FINANCIAL DISTRESS DENGAN KUALITAS AUDIT SEBAGAI PEMODERASINYA

2019 ◽  
pp. 2
Author(s):  
Arifin Syofyan ◽  
Vinola Herawaty
Keyword(s):  
Corporate Governance ◽  
Financial Distress ◽  
Purposive Sampling ◽  
Good Corporate Governance

<p>Penelitian ini bertujuan untuk menguji dan menganalisisis hubungankepemilikan institusi, kepemilikan manajerial, proporsi dewan komisaris, ukuran dewan direksi, dan ukuran komite audit terhadap <em>financial distress</em> dengan kualitas audit sebagai variabel moderasinya. Penelitian ini menggunakan data sekunder yaitu laporan tahunan dan laporan keuangan. Sampel yang digunakan adalah perusahaan perbankan yang terdaftar di Bursa Efek Indonesia pada rentang waktu 2014 - 2018. Total sampel yang terpilih adalah 160. Teknik pengambilan sampel yang digunakan adalah <em>purposive sampling.</em> Metode yang digunakan dalam penelitian ini adalah analisis regresi logistik.Hasil analisis penelitian ini menunjukkan bahwa variabel kepemilikan manajerial dan ukuran dewan direksiberpengaruh negatifterhadap kemungkinan suatu perusahaan terjadinya <em>financial distress, </em>dan variabel kualitas audit dapat meperkuat pengaruh dari kepemilikan manajerial terhadap terjadinya <em>financial distress </em>pada perusahaan perbankan.</p>

scholarly journals Corporate Governance to Prevent Financial Distress Evidence from Corporate Governance Perceptions Index of Indonesian Companies

2018 ◽  
Vol 1 (1) ◽  
Author(s):  
Teti Rahmawati ◽  
Yana Hendriyana
Keyword(s):  
Corporate Governance ◽  
Financial Distress ◽  
Sampling Method ◽  
Stock Exchange ◽  
Company Size ◽  
Purposive Sampling ◽  
Good Corporate Governance ◽  
Unobserved Variables

This study aims to determine the influence of Good Corporate Governance (GCG), Company Size, Liquidity, and Rentability on Financial Distress of companies listed on Corporate Governance Perception Index (CGPI) partially and simultaneously. �The population of this research is companies listed on the Indonesian Stock Exchange (BEI) and Corporate Governance Perception ranks starting from 2013 to 2016. Based on the criteria above, 59 companies are selected. The sampling of this research is taken by using purposive sampling method from the population with a target of several considerations. The result shows that Good Corporate Governance does not significantly influence Financial Distress, Company Size negatively affects Financial Distress, Liquidity positively affects Financial Distress, and Rentability positively affects Financial Distress.� Good Corporate Governance, Company Size, Liquidity, and Rentability partially influence Financial Distress with coefficient determination is 92,25% while 2,75% is explained by other unobserved variables in outside the model.

scholarly journals The Role of Financial Performance in Mediating The Effect of Good Corporate Governance on Financial Distress

2019 ◽  
Vol 15 (1) ◽  
pp. 34-47 ◽  
Author(s):  
Ratieh Widhiastuti ◽  
Ahmad Nurkhin ◽  
Nurdian Susilowati
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Financial Distress ◽  
Negative Impact ◽  
Stock Exchange ◽  
Annual Reports ◽  
Manufacturing Companies ◽  
Purposive Sampling ◽  
Financial Difficulties ◽  
Good Corporate Governance

AbstractThis research aims to study the effect of good corporate governance on financial distress directly and mediated by financial performance. The study population was a manufacturing company listed on the Indonesia Stock Exchange (IDX) in 2016. The study sample was determined using the purposive sampling method, which produced 137 companies that met the requirements. The research data uses secondary data in the form of financial statements and annual reports of manufacturing companies obtained through the Indonesia Stock Exchange website. The analytical tool to test the research hypothesis is Analysis of Moment Structures (AMOS). The results of the study show that there is no direct and indirect impact on corporate governance to financial difficulties; while financial performance has a negative impact on financial difficulties. Keywords: Financial Performance, Good Corporate Governance, Financial DistressPeran Financial Performance dalam Memediasi Pengaruh Good Corporate Governance Terhadap Financial DistressAbstrakTujuan penelitian ini adalah untuk mengetahui pengaruh good corporate governance terhadap financial distress baik secara langsung maupun dengan dimediasi oleh financial performance. Populasi penelitian adalah perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia (BEI) pada tahun 2016. Sampel penelitian ditentukan dengan menggunakan metode purposive sampling, yang menghasilkan 137 perusahaan yang memenuhi syarat. Data penelitian menggunakan data sekunder berupa laporan keuangan dan annual report perusahaan manufaktur yang diperoleh melalui website Indonesia Stock Exchange. Alat analisis untuk menguji hipotesis penelitian yaitu Analysis of Moment Structures (AMOS). Hasil penelitian menunjukkan good corporate governance tidak berpengaruh baik secara langsung maupun tidak langsung terhadap financial distress; sedangkan financial performance berpengaruh negatif signifikan terhadap financial distress. Kata kunci: Financial Performance, Good Corporate Governance, Financial Distress 

scholarly journals PERAN CORPORATE GOVERNANCE DALAM MENURUNKAN KEBANGKRUTAN PADA PERUSAHAAN DI INDONESIA

2017 ◽  
Vol 21 (3) ◽  
pp. 391
Author(s):  
Tasya Hilaliya ◽  
Farah Margaretha
Keyword(s):  
Corporate Governance ◽  
Firm Performance ◽  
Financial Distress ◽  
Manufacturing Industry ◽  
Negative Impact ◽  
Stock Exchange ◽  
Z Score ◽  
Panel Data Regression ◽  
Data Regression ◽  
Governance Practices

This research examines the influence of Corporate Governance on Firm Performance measured by Tobin's Q and Financial Distress measured by Z-score. The samples used were 72 companies engaged in the manufacturing industry are listed on the Indonesia Stock Exchange (BEI) for five years from 2011 to 2015. The analytical methods used in this research is panel data regression, discriminant analysis, and logistic regression. The results showed that (I) there is no significant impact between corporate governance practices on firm performance. (2) there is negative impact between corporate governance practices on financial distress. Then, the companies need to increase corporate governance in order to avoid possibility of financial distress and for the investor before making an investment should consider the factors that affect the firm performance and financial distress

scholarly journals PENGGUNAAN RASIO KEUANGAN DAN GOOD CORPORATE GOVERNANCE UNTUK MEMPREDIKSI FINANCIAL DISTRESS

2018 ◽  
Vol 8 (2) ◽  
pp. 147
Author(s):  
Endriz Devianti Fahlevi ◽  
Hasan Mukhibad
Keyword(s):  
Corporate Governance ◽  
Financial Distress ◽  
Purposive Sampling ◽  
Good Corporate Governance

Penelitian ini bertujuan untuk menganalisis pengaruh rasio keuangan dan penerapan good corporate governance untuk memprediksi financial distress. Populasi penelitian ini adalah koperasi simpan pinjam yang terdaftar di Dinas Koperasi Kabupaten Semarang pada tahun 2014 – 2016 yaitu 42 koperasi. Pemilihan sampel menggunakan metode purposive sampling dengan kriteria tertentu sehingga diperoleh 26 koperasi (78 unit analisis selama tiga tahun penelitian). Teknik analisis data menggunakan analisis regresi logistik yang diolah dengan SPSS 20. Hasil dari penelitian ini menunjukkan bahwa likuiditas tidak berpengaruh terhadap financial distress, profitabilitas tidak berpengaruh terhadap financial distress, dan leverage tidak berpengaruh terhadap financial distress. Peran anggota tidak berpengaruh terhadap financial distress dan kehadiran pengurus dalam RAT tidak berpengaruh terhadap financial distress, sedangkan kehadiran pengawas dalam RAT berpengaruh negatif signifikan terhadap financial distress. Hasil penelitian ini dapat disimpulkan bahwa prediksi financial distress dapat dipengaruhi oleh kehadiran pengawas dalam RAT dalam koperasi.

scholarly journals Pengaruh Financial Distress, Umur Perusahaan, dan Good Corporate Governance pada Kecepatan Publikasi Laporan Keuangan Tahunan

2019 ◽  
pp. 2010
Author(s):  
Arl Jonathan Paulalengan ◽  
Ni Made Dwi Ratnadi
Keyword(s):  
Corporate Governance ◽  
Financial Distress ◽  
Stock Exchange ◽  
Participant Observation ◽  
Sampling Technique ◽  
Financial Statements ◽  
Good Corporate Governance ◽  
Observation Methods ◽  
Food And Beverage ◽  
Negative Effect

The purpose of this study examines the effect of financial distress, company age, and good corporate governance on the speed of publication of annual financial statements. This research was focused in the food and beverage companies listed on Indonesia Stock Exchange (IDX). Samples are determined by non-probability sampling, purposive sampling technique. Sample criteria, the company reports its annual financial statements in a row from 2014 to 2017. The samples were 12 companies with four years of observation. Methods of collecting data with non-participant observation, accessing annual financial reports. The data analysis technique is multiple linear regression. Based on the results, found that financial distress had a negative effect on the speed of publication of annual financial statements. The age of the company does not affect the speed of publication of annual financial statements. Good corporate governance has a positive effect on the speed of publication of annual financial statements. Keywords: Publication, distress, good corporate governance, age

Sign in / Sign up

Export Citation Format

Share Document