KEKUASAN CEO DAN PEMILIHAN AUDITOR

2018 ◽  
Vol 13 (2) ◽  
pp. 77
Author(s):  
Claudia Palembangan ◽  
Christine Novita Dewi
Keyword(s):  
Logistic Regression ◽  
Firm Performance ◽  
Firm Size ◽  
Hypothesis Test ◽  
Ceo Power ◽  
Auditor Choice ◽  
Delegation Of Authority ◽  
Variable Control ◽  
Independent Firm ◽  
The Impact

ABSTRACTThis study purposed to find the impact of CEO power on auditor choice, Big4 or Non Big4. The research supported by delegation of authority to appoint independent auditors as variable independent, firm size and firm performance as variable control. Sampel research are manufactur firms listing at Bursa Efek Indonesia from period 2006-2015. From total 160 manufacture firms, 148 firms meets the criteria. Hypothesis test using logistic regression with SPSS 21th. This research find that CEO power have negative significant impact to auditor choice Big4, delegation of authority have positive significant impact to auditor choice Big4, firm size have positive significant impact to auditor choice Big4, firm performance have positive significant impact to auditor choice Big4.ABSTRAKPenelitian ini bertujuan untuk mengetahui dan menganalisis pengaruh kekuasaan CEO terhadap pemilihan auditor Big4 atau non Big4. Penelitian ini juga didukung dengan variabel bebas lain yakni variabel delegasi wewenang penunjukkan auditor independen serta variabel kontrol berupa ukuran perusahaan, kinerja perusahaan. Sampel yang digunakan merupakan perusahaan manufaktur dan yang terdaftar di Bursa Efek Indonesia tahun 2006-2015. Dari total 160 perusahaan manufaktur,sebanyak 148 yang memenuhi kriteria sampel penelitian yang telah ditetapkan. Pengujian hipotesis menggunakan regresi logistik dengan bantuan SPSS 21. Hasil penelitian ini menunjukkan bahwakekuasaan CEO berpengaruh negatif signifikan terhadap pemilihan auditor Big4, delegasi wewenang kepada dewan komisaris berpengaruh positif signifikan terhadap pemilihan auditor Big4, ukuran peruusahaan berpengaruh positif signifikan terhadap pemilihan auditor Big4, kinerja perusahaan berpengaruh positif signifikan terhadap pemilihan auditor Big4

scholarly journals The Effect of Workforce Birthplace Diversity on Firms: When do Migrants increase Firms’ Performance?

2021 ◽  
Author(s):  
Roberta Misuraca ◽  
Maria Carmela Annosi ◽  
Maria Rosaria Carillo ◽  
Wilfred Dolfsma
Keyword(s):  
Firm Performance ◽  
Firm Size ◽  
Positive Impact ◽  
Agriculture Sector ◽  
Business Dynamics ◽  
The Impact

Abstract Growing migration between countries and the sustained trend of globalization are changing business dynamics and creating conditions for increased workforce birthplace diversity within firms. However, few studies investigate the relationships between workforce birthplace diversity and firm performance. We address this, and also study how the impact of workplace birthplace diversity on firm performance is moderated by characteristics of the firms (firm size). We find that firm performance increases when workforce birthplace diversity increases. While larger firms perform better, smaller firms can make better use of birthplace diversity’s positive impact on firm performance. We analyzed a panel of 33,258 Italian firms operating in the agriculture sector between 2012 and 2017. Theoretical implications of our results are discussed, and further research is recommended to investigate appropriate internal mechanisms to enable firms to take advantage of workforce birthplace diversity.JEL: F22, J15, J61, Z1

scholarly journals Innovation and Firm Performance: The Moderating and Mediating Roles of Firm Size and Small and Medium Enterprise Finance

2020 ◽  
Vol 13 (5) ◽  
pp. 97 ◽  
Author(s):  
Ploypailin Kijkasiwat ◽  
Pongsutti Phuensane
Keyword(s):  
Firm Performance ◽  
Firm Size ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Partial Least Square ◽  
Least Square ◽  
Financial Capital ◽  
Medium Enterprise ◽  
Medium Enterprises ◽  
The Impact

This study examines the moderating effect of firm size on the relationship between innovation and firm performance of small and medium enterprises in 29 countries in Eastern European and Central Asia. The study also investigates whether the impact of innovation in products and processes on firm performance is affected by financial capital. The method applied is partial least square structural equation modelling. The findings indicate that firm size and the financial capital both moderate and mediate the impact of innovation on firm performance, positively or negatively. The findings have implications for decision makers by highlighting the significance of firm size and financial sources when planning to introduce innovations to enhance firm performance.

Moderating the impact of e-commerce expenses on financial performance in US upper upscale hotels

2016 ◽  
Vol 23 (2) ◽  
pp. 429-447 ◽  
Author(s):  
Agnes L. DeFranco ◽  
Cristian Morosan ◽  
Nan Hua
Keyword(s):  
Firm Performance ◽  
Electronic Commerce ◽  
Financial Performance ◽  
Firm Size ◽  
Electronic Devices ◽  
Hotel Industry ◽  
Extant Literature ◽  
The Impact ◽  
The Relationship

The heavily fragmented hotel industry, embracing the changes in their guests’ use of electronic devices, has spent considerable resources to incorporate electronic commerce (e-commerce) practices. The extant literature offers inconclusive findings with regard to the effect of e-commerce on firm performance, especially when firm size is considered. Given the high fragmentation of size in the hotel industry, understanding its role in the deployment of e-commerce could result in substantial benefits for both hotel firms and consumers. Using the financial performance of 689 observations of over 110 hotels during 2007–2012, this study finds that e-commerce expenses positively impact firm performance, and that firm size moderates the relationship between e-commerce expenses and firm performance.

scholarly journals The Impact of Corporate Board Size on Firm Performance: Evidence from Ghana and Nigeria

2017 ◽  
Vol 4 (2) ◽  
pp. 1 ◽  
Author(s):  
LjEbenezer Agyemang Badu ◽  
K.O. Appiah
Keyword(s):  
Firm Performance ◽  
Agency Theory ◽  
Firm Size ◽  
Positive Relationship ◽  
Empirical Support ◽  
Corporate Board ◽  
Board Size ◽  
Listed Firms ◽  
Different Types ◽  
The Impact

This paper examines the impact of corporate board size on firm performance for a sample of 137 listed firms in Ghana and Nigeria. Our findings suggest a statistically significant and positive relationship between board size and firm performance, implying that in Ghana and Nigeria allowing corporate board size to be dependent of firm size tends to improve firm performance. Our findings are consistent across different kinds of models that deal with different types of endogeneities and corporate performance proxies. Our results provide empirical support for agency theory, which suggests that optimal corporate board size effectively advise, monitor and discipline management thereby improving firm performance.

scholarly journals Unveiling the Nexus between Access to Electricity, Firm Size and SME’s Performance in Bangladesh: New Evidence Using PSM

Energies ◽  
2021 ◽  
Vol 14 (20) ◽  
pp. 6493
Author(s):  
Mohammad Abir Shahid Chowdhury ◽  
Shuai Chuanmin ◽  
Marcela Sokolová ◽  
ABM Munibur Rahman ◽  
Ahsan Akbar ◽  
...  
Keyword(s):  
Firm Performance ◽  
Labor Productivity ◽  
Firm Size ◽  
Developing Economies ◽  
Positive Impact ◽  
Negative Relationship ◽  
Policy Implications ◽  
Renewable Energy Resources ◽  
Electricity Access ◽  
The Impact

Uninterrupted availability of energy and power resources is essential for the productivity and smooth functioning of an enterprise. However, constrained by financial resources, smaller firms in developing economies face a plethora of challenges concerning the access to electricity. However, less attention has been paid in the extant literature to explore this phenomenon. The present study investigates the impact of access to electricity on labor productivity in Bangladesh in the presence of electricity constraints, electricity obstacles, and SME firm size. It employs the OLS regression and propensity score matching (PSM) technique for treatment effect to deal with the selection bias and endogeneity issue using the World Bank Enterprise Survey’s cross-sectional firm-level data for 3196 sample firms over the period of 2007–2013. The results provide evidence in support of SMEs’ labor productivity in response to electricity access. Lack of electricity access was partially found to affect SMEs’ labor productivity significantly negatively. Further, the results show a positive impact of firm size on firm performance. However, results from this model appear that constrained SMEs’ access to electricity has a negative relationship with firm performance. The article then suggests several policy implications on changing government regulations regarding the efficient use of renewable energy resources to enhance electricity generation for optimized SME performance and sustainable economic development in Bangladesh.

scholarly journals Does CEO power influence corporate risk and performance? Evidence from Greece and Hungary

2021 ◽  
Vol 18 (4) ◽  
pp. 77-89
Author(s):  
Um-E-Roman Fayyaz ◽  
Raja Nabeel-Ud-Din Jalal ◽  
Gianluca Antonucci ◽  
Michelina Venditti
Keyword(s):  
Firm Performance ◽  
Good Governance ◽  
Negative Impact ◽  
Market Competition ◽  
Chief Executive ◽  
Ceo Power ◽  
Moderation Effect ◽  
Corporate Decisions ◽  
Corporate Risk ◽  
The Impact

We intend to investigate the impact of chief executive officers’ (CEO) powers on corporate decisions made by firms in the context of board oversight (BO) and market competition (MC). From 2007 to 2017, we applied a quantitative approach to a sample of two stressed European markets (i.e., Hungary and Greece). We found that CEO power has a negative impact on corporate risk and firm performance. Furthermore, results also reveal no sign of moderation effect for MC with corporate decisions, whereas BO moderated the CEO power and corporate decisions in the Hungarian market. However, the results of moderation for the Greek market are diametrically opposed to those of the Hungarian market. Our study indicates that in stressed markets, the CEO power is suppressed and does not increase the corporate risk and firm performance despite the good governance and high market competition. The study can help boards in the optimal delivery of power to the CEO to perform well in a stressed environment

scholarly journals Bank influence, firm performance and survival: Empirical evidence from Germany 1970-1986

2003 ◽  
Vol 1 (2) ◽  
pp. 65-70 ◽  
Author(s):  
Julie Ann Elston
Keyword(s):  
Firm Performance ◽  
Empirical Evidence ◽  
Firm Size ◽  
Firm Growth ◽  
Survival Rates ◽  
Agency Problems ◽  
Empirical Results ◽  
Concentrated Ownership ◽  
Governance Systems ◽  
The Impact

This paper systematically investigates the impact of bank-influence on firm performance and survival in Germany. Close bank-firm relationships and concentrated ownership which characterize the Japanese and German financial and governance systems are often credited with reducing agency problems and improving monitoring of firm activities, thus improving firm performance and the chances of survival. Empirical results reveal that bank influenced firms have higher survival rates than independent firms. However, firm growth appears to be independent of bank influence and negatively related to firm size.

ANALISIS PERMINTAAN KB DI PROVINSI SUMATERA BARAT (STUDI KASUS RUMAHTANGGA MISKIN)

2019 ◽  
Vol 1 (4) ◽  
Author(s):  
Randi Febri Canitra ◽  
Melti Roza Adry ◽  
Mike Triani
Keyword(s):  
Logistic Regression ◽  
Family Planning ◽  
Family Income ◽  
Hypothesis Test ◽  
Poor People ◽  
Analysis Tool ◽  
Significance Level ◽  
Number Of Children ◽  
West Sumatra ◽  
The Impact

This study aims to analyze the impact of (1) UKP (2) Couples Education (3) Respondent Education (4) Family Income (5) Number of Children on the use of family planning in West Sumatra Province. The data analysis tool used is logistic regression using Susenas 2017 data from the Central Statistics Agency (BPS). The study population is households that are married at an early age and already have children. The sample used was 507 poor households categorized using family planning and not using family planning. The hypothesis test used was the G test and the Wald test with a significance level of 5%. The results of the Logistic Regression found that UKP, respondent education, and number of children had an influence on family planning requests in West Sumatra Province. Therefore, equity and development in the field of education should be increased even more, so that education becomes more effective so that later higher quality education will build quality communities. In the long run, it will reduce the problems of poverty and population, especially problems in the growth rate of poor people and households.

The determinants of CEO compensation: new insights from United States

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ahmed Bouteska ◽  
Salma Mefteh-Wali
Keyword(s):  
Firm Performance ◽  
Executive Compensation ◽  
Ceo Compensation ◽  
Future Research ◽  
Ceo Power ◽  
Content Type ◽  
Managerial Power ◽  
The Us ◽  
Ceo Pay ◽  
The Impact

PurposeThe purpose of this paper is to examine the determinants of CEO compensation for sample of the US firms. It emphasizes the presence of executive compensation persistence and the importance of CEO power besides performance while setting CEO pay.Design/methodology/approachThe empirical analysis is conducted on a large sample of US firms during the period 2006–2016. It is based on the generalized method of moments (GMM) models to assess the impact of numerous factors on CEO compensation.FindingsThe main findings reveal that firm performance proxied by accounting-based proxies, as well as market-based proxies, plays a significant role in explaining variations in levels of executive compensation. Moreover, there is a significant persistence in executive compensation among the US sample firms. The authors also document that poor governance conditions (managerial power hypothesis) lead to high compensation levels offered to CEO.Research limitations/implicationsAt the end, without a doubt, the analysis has some limitations that prompt the authors to consider future research directions. One future research avenue that can help better explain the effect of firm performance on the CEO compensation is to study this issue using an international sample to determine whether country-level characteristics (e.g. creditor rights, shareholder rights and the enforcement climate) can influence this relationship. Furthermore, it can be worthwhile to deepen the analysis of CEO power and its impact on CEO compensation. It will be interesting to emphasize how the CEO power interacts with the other governance characteristics and some CEO attributes as CEO gender.Practical implicationsThe paper's findings have implications for practitioners, policymakers and regulatory authorities. First, the findings inform regulators that performance is not the only determinant of CEO pay level. This may warrant increased firm disclosure of the details of the pay structure. Second, the study offers insights to policymakers and members of boards of directors interested in enhancing the design of executive compensation and internal corporate governance, to better align managerial incentives to shareholder interests. Firms should strengthen the board independence and properly constitute the board committees (compensation, risk, nomination…).Originality/valueThis paper presents a comprehensive overview of the CEO compensation determinants. It supplements the classic pay-for-performance sensitivity predictions with insights gained from the dynamics of wage setting theory and managerial power theory. The authors develop a composite index to measure the CEO power in order to test the impact of CEO attributes on CEO pay. Additionally, it verifies whether the determinants of CEO pay depend on firm age and size.

Social Media Tools Adoption and Use by SMEs

2015 ◽  
pp. 791-806 ◽  
Author(s):  
Samuel Fosso Wamba ◽  
Lemuria Carter
Keyword(s):  
Social Media ◽  
Logistic Regression ◽  
Firm Size ◽  
Research And Practice ◽  
Hierarchical Logistic Regression ◽  
Industry Sector ◽  
Firm Innovativeness ◽  
Social Media Tools ◽  
Use Of Social Media ◽  
The Impact

Despite the recent increase in the adoption and use of social media tools to support firm operations, very little empirical research focusing on small- and medium-sized enterprises (SMEs) has been conducted to-date. The aim of this study is to fill this knowledge gap by investigating SME adoption of social media tools. In particular, we assess the impact of organizational, manager and environmental characteristics on SME utilization of the Facebook Events Page. To test our proposed research model, we administered a survey to 453 SME managers. Results of a hierarchical logistic regression indicate that firm innovativeness, firm size, manager's age and industry sector all have a significant impact on social media adoption. Implications for research and practice are discussed.

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