Pengaruh Mekanisme Tata Kelola Perusahaan dan Kinerja Keuangan Terhadap Kemungkinan Kebangkrutan pada Perusahaan Manufaktur Sub Sektor Makanan dan Minuman Yang Terdaftar  di Bursa Efek Indonesia

This study examines the impact of Corporate Governance Mechanism and Financial Performance to the possible of bankruptcy. The type of research that is used is causal research — a research that is done to find a definitive causal relationship or to find the cause of one or more problems. This study is consisted by three independent variables and one dependent variables which the independent variables being managerial ownership and the proportion of independent board of commissioner and liquidity, with possible of bankruptcy as the dependent variable. The sample in this study are 17 manufacturing company sub sector food and beverage which listed on the Indonesia Stock Exchange from 2014 until 2018 who selected through purposive sampling method. The result of this study are managerial ownership has no significant effect on possible bankruptcy, proportion of independent board commissioner has a significant positive effect on possible bankruptcy, and liquidity has no significant effect on possible bankruptcy.Penelitian ini bertujuan untuk menganalisis pengaruh Mekanisme Tata Kelola Perusahaan dan Kinerja Keuangan terhadap Kemungkinan Kebangkrutan. Tipe penelitian yang digunakan merupakan penelitian kausal — penelitian yang dilakukan untuk menemukan hubungan sebab dan akibat yang definitif atau menemukan penyebab dari satu atau lebih masalah. Penelitian ini terdiri dari tiga variabel independen dan satu variabel dependen, yaitu kepemilikan manajerial, proporsi dewan komisaris independen, dan likuiditas sebagai variabel independen, dengan kemungkinan kebangkrutan sebagai variabel dependen. Sampel dari penelitian ini adalah 17 perusahaan manufaktur sub sektor makanan dan minuman yang terdaftar di Bursa Efek Indonesia dari 2014 hingga 2018 yang ditentukan menggunakan metode purposive sampling. Hasil dari penelitian ini adalah kepemilikan manajerial tidak berpengaruh secara signifikan terhadap kemungkinan kebangkrutan, proporsi dewan komisaris independen memiliki pengaruh positif yang signifikan terhadap kemungkinan kebangkrutan, dan likuiditas tidak berpengaruh secara signifikan terhadap kemungkinan kebangkrutan.

Download Full-text

THE EFFECT OF PROFITABILITY, CAPITAL STRUCTURE, AND IMPLEMENTATION OF CORPORATE GOVERNANCE MECHANISM ON FIRM VALUE

Jurnal Akuntansi Trisakti ◽

10.25105/jat.v6i1.4872 ◽

2019 ◽

Vol 6 (1) ◽

pp. 83

Author(s):

Rina Hartanti ◽

Fahri Yulandani ◽

M Rizky Riandi

Keyword(s):

Corporate Governance ◽

Capital Structure ◽

Firm Value ◽

Stock Exchange ◽

Managerial Ownership ◽

Governance Mechanism ◽

Good Corporate Governance ◽

Regression Approach ◽

Corporate Governance Mechanism ◽

Positive Effect

The purpose of this study is to explain the effect of Profitability, Capital Structure, and the application of Good Corporate Governance to Firm Value. The population of the study includes companies registered in the LQ-45 which are listed on the Indonesia Stock Exchange for the period 2015-2017. The technique of determining the sample used is purposive sampling. This study uses a multiple linear regression approach. Based on the results of testing, this study proves that profitability, capital structure, and the application of the GCG mechanism together affect firm value. This study also proves that partially profitability proxied by ROA and Managerial Ownership has a positive effect on Firm Value. The results showed that capital, which is proxied by DER and GCG, which is proxied by Institutional Ownership, does not have a positive effect on Corporate Value

Download Full-text

PENGARUH REVIU RKA-K/L OLEH APIP TERHADAP EFISIENSI ALOKASI ANGGARAN KEMENTERIAN AGAMA

Jurnal Anggaran dan Keuangan Negara Indonesia (AKURASI) ◽

10.33827/akurasi2019.vol1.iss1.art48 ◽

2019 ◽

Vol 1 (1) ◽

pp. 12

Author(s):

Edy Effendi ◽

Muhammad Imron

Keyword(s):

Linear Regression ◽

Simple Linear Regression ◽

Independent Variables ◽

Dependent Variables ◽

Before And After ◽

The Impact ◽

The Relationship ◽

Positive Effect

Research on the role of the APIP review of the Ministry/agency Work Plan and Budget document to determine the impact on the efficiency of ministry/agency spending (case study at the Ministry of Religion). The method used in this study uses simple linear regression with dummy. The use of linear regression is used to examine the relationship between independent variables (certain types of expenditure) and dependent variables (total expenditure). Whereas, dummy is used to find out before and after the APIP review is done. Throughout the author's search, this research has never been done. Based on the results of linear regression obtained, the APIP review significantly had a positive effect on official travel expenditure and honorarium but did not significantly affect building spending and equipment. Abstrak Penelitian atas peran reviu APIP atas dokumen Rencana Kerja dan Anggaran Kementerian Negara/Lembaga untuk mengetahui dampaknya terhadap efisiensi belanja kementerian/lembaga (studi kasus pada Kementerian Agama). Metode yang digunakan dalam penelitian ini menggunakan regresi linier sederhana dengan dummy. Penggunaan regresi liner digunakan untuk meneliti hubungan antara variable independen (jenis belanja tertentu) dan variable dependen (total belanja). Sedangkan, dummy digunakan untuk mengetahui sebelum dan setelah reviu APIP dilakukan. Sepanjang penelusuran penulis, penelitian ini belum pernah dilakukan. Berdasarkan hasil regresi linier diperoleh, reviu APIP signifikan berpengaruh positif terhadap belanja perjalanan dinas dan honorarium tetapi tidak signifikan berbengaruh terhadap belanja gedung dan alat.

Download Full-text

Corporate Governance Mechanism on Financial Performance (Evidence from the Indonesia’s Listed State-owned Enterprises)

Journal of Business, Management, and Social Studies ◽

10.53748/jbms.v1i1.6 ◽

2021 ◽

Vol 1 (1) ◽

pp. 24-34

Author(s):

Anak Agung Kompiyang Ratih Maldini ◽

Pananda Pasaribu ◽

Christian Haposan Pangaribuan

Keyword(s):

Corporate Governance ◽

Financial Performance ◽

Positive Impact ◽

Stock Exchange ◽

Governance Structure ◽

Board Independence ◽

Governance Mechanism ◽

Good Corporate Governance ◽

Corporate Governance Mechanism ◽

The Impact

Objective – This study aims to find the impact of privatization, which proxied by good corporate governance toward the financial performance of SOEs in Indonesia. Methodology – This study used 16 privatized SOEs that are listed in Indonesia Stock Exchange and also 16 privatized non-SOEs as the comparison. The data is collected from the year 2014 to 2018 and analyzed by using multiple regression panel data. Findings – This study found that director size and board independence have a positive impact toward SOEs financial performance. The director size and board independences have a positive significant impact toward the SOEs financial performance while the privatized non-SOEs is not significantly affected Novelty – This study examines proper governance structure in SOEs and non-SOEs, thus providing new insights about good corporate governance regulation in the Indonesian context.

Download Full-text

Pengaruh Intellectual Capital dan Corporate Governance Terhadap Kinerja Bank di Indonesia

Journal of Islamic Finance and Accounting ◽

10.22515/jifa.v2i1.1606 ◽

2019 ◽

Vol 2 (1) ◽

pp. 57

Author(s):

Jadzil Baihaqi

Keyword(s):

Corporate Governance ◽

Intellectual Capital ◽

Boards Of Directors ◽

Audit Committee ◽

Stock Exchange ◽

Governance Mechanism ◽

Moderation Effect ◽

Corporate Governance Mechanism ◽

The Impact ◽

The Relationship

This study examines the impact of intellectual capital and corporate governance mechanism on banks’ performance both directly and also moderated effect. We used banks that were listed in the Indonesia Stock Exchange. The bank’s performance was measured by risk-based bank rating while intellectual capital was measured by the coefficient of VAICTM (Pulic, 1998). The corporate governance mechanism was measured based on the size of boards of directors, the composition of independent director, CEO remuneration, managerial ownership, the effectiveness of audit committee and ownership concentration. The result of the study shows that banks’ performance was positively influenced by intellectual capital. However, corporate governance mechanism did not influence the banks’ performance, while the moderation effect of corporate governance mechanism on the relationship between intellectual capital and banks’ performance was not confirmed.

Download Full-text

Pengaruh Mekanisme Corporate Governance Terhadap Kinerja Keuangan Badan Usaha

Jurnal Manajemen Teori dan Terapan | Journal of Theory and Applied Management ◽

10.20473/jmtt.v3i2.2401 ◽

2010 ◽

Vol 3 (2) ◽

Author(s):

Filia Puspitasari ◽

Endang Ernawati

Keyword(s):

Corporate Governance ◽

Firm Size ◽

Foreign Debt ◽

Ownership Concentration ◽

Managerial Ownership ◽

Governance Mechanism ◽

Outside Directors ◽

Board Size ◽

Corporate Governance Mechanism ◽

The Impact

Nowdays, most researches in corporate governance field are conducted by researchers based on rising of many firms to become public corporation. According to this situation, they have to separate their functions on ownership and control of the firm. As result, it will arise agency conflict between owners and managers. The corporation enable solve the problem by apply the corporate governance mechanism optimally. This research is a replication research is conducted by Sanda et al (2005). It’s explained the specific study about the impact of corporate governance mechanism include managerial ownership, board size, outside directors, ownership concentration, and debt toward financial performance that measured by ROA, ROE, PER, and TOBINS’Q. The samples of this research are all corporations which listed at Bursa Efek Indonesia (BEI) by all sectors that delivered financial statement on time by regulation. The period of time in this research determined on 2005-2007. The model is extended by quadratic of managerial ownership, quadratic of board size, quadratic of ownership concentration, CEO foreign and firm size as control variables, and sectoral dummy. The result of this research explained that corporate governance mechanism simultaneously influence to ROA and ROE significantly. On partially, ROA is influenced by CEO foreign, debt, and firm size significantly. And ROE is inluenced by CEO foreign, firm size, and sector of basic industry significantly.

Download Full-text

Pengaruh Mekanisme Corporate Governance Terhadap Ketepatan Waktu Pelaporan Keuangan (Studi Empiris Pada Perusahaan Perbankan Milik Pemerintah Pusat)

JURNAL AKUNTANSI DAN PAJAK ◽

10.29040/jap.v19i1.167 ◽

2018 ◽

Vol 19 (1) ◽

pp. 1

Author(s):

Muhammad Rivandi ◽

Maria Magdalena Gea

Keyword(s):

Corporate Governance ◽

Financial Reporting ◽

Audit Committee ◽

Sampling Method ◽

Stock Exchange ◽

Central Banking ◽

Managerial Ownership ◽

Governance Mechanism ◽

Multiple Regression Models ◽

Corporate Governance Mechanism

This study aims to examine the effect of corporate governance mechanism on the timeliness of financial reporting. The sample of this study are four central banking companies listed in Indonesia Stock Exchange (IDX) selected based on purposive sampling method. The method of data analysis used in this study is multiple regression models. Based on the hypotheses testing result, that the managerial ownership and audit committee have a positive and significant effect on the timeliness of financial reporting, while independent commissioner has no effect on the timeliness of financial reporting

Download Full-text

PENGARUH INTENSITAS MODAL, DIVIDEND PAYOUT RATIO DAN FINANCIAL DISTRESS TERHADAP KONSERVATISME AKUNTANSI

Jurnal Benefita ◽

10.22216/jbe.v1i1.3850 ◽

2019 ◽

Vol 1 (1) ◽

pp. 104

Author(s):

Muhammad Rivandi ◽

Sherly Ariska

Keyword(s):

Financial Distress ◽

Stock Exchange ◽

Capital Intensity ◽

Accounting Conservatism ◽

Dividend Payout ◽

Purposive Sampling ◽

Negative Effect ◽

The Impact ◽

Positive Effect ◽

Research Show

This research examines in the impact of capital intensity, dividend payout ratio and financial distress on accounting conservatism. The population in this research are all that companies listed in Indonesia Stock Exchange (IDX) in 2013 to 2017. The samples are selected using purposive sampling method, the number of sample are 86 companies. Data analysis method used is panel regression method. The result of the research show that (1) capital intensity has signifcant positive effect on the accounting consrvatism, (2) dividend payout ratio has no significant effect on the accounting conservatism, (3) financial distress has significant negative effect on the accounting conservatism.Penelitian ini meneliti tentang pengaruh intensitas modal, dividend payout ratio dan financial distress terhadap konservatisme akuntansi. Populasi dari penelitian ini adalah seluruh perusahaan yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2013 sampai tahun 2017. Sampel dipilih berdasarkan metode purposive sampling, sehingga perusahaan yang dijadikan sampel sebanyak 86 perusahaan. Analisis data menggunbakan model regresi panel. Hasil membuktikan bahwa (1) intensitas modal berpengaruh positif signifikan terhadap konservatisme akuntansi, (2) dividend payout ratio tidak berpengaruh signifikan terhadap konservatisme akuntansi, (3) financial distress berpengaruh negatif signifikan terhadap konservatisme akuntansi.

Download Full-text

The effect of good corporate governance mechanism and leverage on the level of accounting conservatism

The Indonesian Accounting Review ◽

10.14414/tiar.v6i1.854 ◽

2017 ◽

Vol 6 (1) ◽

pp. 67

Author(s):

Habiba Habiba

Keyword(s):

Corporate Governance ◽

Audit Committee ◽

Stock Exchange ◽

Accounting Conservatism ◽

Managerial Ownership ◽

Governance Mechanism ◽

Manufacturing Companies ◽

Comprehensive Income ◽

Good Corporate Governance ◽

Corporate Governance Mechanism

Accounting conservatism is a condition where a company acknowledges the debts and costs more quickly, but on the other hand, the company acknowledges the income and assets more slowly. Some factors that can affect the accounting conservatism are stan-dards changes, corporate governance, and so forth. The purpose of this study is to analyze the effect occurring on the variable of accounting conservatism when using comprehensive income and income for the current year in manufacturing companies listed on the Indonesian Stock Exchange in 2012 and 2013. The variables studied are institutional ownership, managerial ownership, the existence of audit committee, the number of audit committee meetings, and leverage. The statistical method used in this study is multiple regression analysis. The results of this study indicate that institu-tional ownership, managerial ownership, and the number of audit committee meetings do not have significant effect on accounting conservatism when using comprehensive income and income for the current year, but the variables of the existence of audit committee and leverage have significant effect on accounting conservatism when using comprehensive income and income for current the year.

Download Full-text

PENGARUH KOMPETENSI KOMITE AUDIT, KEPEMILIKAN MANAJEMEN DAN UKURAN DEWAN KOMISARIS TERHADAP KUALITAS LAPORAN KEUANGAN

Jurnal Bisnis dan Akuntansi ◽

10.34208/jba.v23i1.858 ◽

2021 ◽

Vol 23 (1) ◽

pp. 121-132

Author(s):

WAHDAN ARUM INAWATI ◽

MUHAMAD MUSLIH ◽

KURNIA KURNIA

Keyword(s):

Audit Committee ◽

Stock Exchange ◽

Financial Statements ◽

Financial Statement ◽

Managerial Ownership ◽

Management Ownership ◽

Food And Beverage ◽

Negative Effect ◽

Positive Effect

This research aims to determine the influence of audit committee competency, managerial ownership, and size board of financial statements quality. Financial statement quality in this research measured by relevance. The research method applied quantitative causality method. The object of research is the food and beverage subsector companies listed on Indonesia Stock Exchange in period 2015 – 2018. The sample of this research which complied 8 samples with period of 4 years, so the data processed 32 data. The result of this research 62.1% independent variables can explain the quality of financial statements, while 37.9% is explained by other variables not included in this research. The audit committee competency variables, management ownership and the size of the board of commissioners have a simultaneous influence on the quality of financial statements. The audit committee competency variable has a negative effect while the size of the board of commissioners has a positive effect on the quality of financial statements partially. While management ownership has no influence on the quality of financial statements.

Download Full-text

Pengaruh Mekanisme Internal Corporate Governance Terhadap Pemilihan Auditor Eksternal

Jurnal Dinamika Sosial Budaya ◽

10.26623/jdsb.v21i2.1819 ◽

2020 ◽

Vol 21 (2) ◽

pp. 182

Author(s):

Febrina Nafasati P ◽

Dian Indu Dewi

Keyword(s):

Corporate Governance ◽

Stock Exchange ◽

Governance Mechanism ◽

Auditor Choice ◽

Auditor Quality ◽

Corporate Governance Mechanism ◽

The Impact

Internal Coporate Governance Mechanism influence for Auditor Choice. The research is to know of the impact of Internal Corporate Governance Mechanism on auditor choice by non-financial companies, where the proxies of Internal Corporate Governance Mechanism used are the largest shareholder, audit committee’s effectivenese, the number of board of commissioner and the proportion of independent commissioner. This study used Top 4-non Top 4 auditor segregation as a proxy of auditor quality that will be chosen by the company.This study used Logistic Regresion and used 177 of non financial companies listed on the Indonesia Stock Exchange 2013. The Result showed that there are significant of the number of board of commissioner and audit committee’s effectivenese on auditor choice by company. Therea are not significant of the largest shareholder and the proportion of independent commissioner on auditor choice by company.

Download Full-text