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

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.

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

Jurnal Economia ◽

10.21831/economia.v15i1.22927 ◽

2019 ◽

Vol 15 (1) ◽

pp. 34-47 ◽

Cited By ~ 1

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

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THE EFFECT OF INDEPENDENT COMMISSIONERS, AUDIT COMMITTEES, FINANCIAL DISTRESS, AND COMPANY SIZES ON INTEGRITY OF FINANCIAL STATEMENTS

International Journal for Innovation Education and Research ◽

10.31686/ijier.vol7.iss12.2057 ◽

2019 ◽

Vol 7 (12) ◽

pp. 744-750

Author(s):

Intan Permatasari

Keyword(s):

Corporate Governance ◽

Financial Distress ◽

Stock Exchange ◽

Secondary Data ◽

Financial Statements ◽

Audit Committees ◽

Company Size ◽

Good Corporate Governance ◽

Conceptual Paper ◽

Positive Effect

This study is a conceptual paper that aims to determine the effect of independent commissioners, audit committees, financial distress, and company size on the integrity of financial statements. Previous theoretical studies have shown that the mechanism of good corporate governance, financial distress, and company size can affect the integrity of financial statements. From theoretical discussions and previous research, conclusions are obtained while independent commissioners, audit committees, financial distress, and company size on the integrity of financial statements have a positive effect. This study uses secondary data in the form of annual financial statements of financial sector companies listed on the Indonesia Stock Exchange (BEI) from 2012 to 2018. The renewal in this study is the mechanism of good corporate governance that is used in this study only independent commissioners and audit committees. In addition, the year of research and the sample of research to be studied differ from previous studies

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Determinants of Good Corporate Governance (Empirical Studies on Companies Listed on The IDX)

SENTRALISASI ◽

10.33506/sl.v11i1.1505 ◽

2022 ◽

Vol 11 (1) ◽

pp. 67

Author(s):

Riza Praditha ◽

Megawati Megawati ◽

Lasty Agustuty

Keyword(s):

Corporate Governance ◽

Firm Size ◽

Sampling Method ◽

Stock Exchange ◽

Empirical Studies ◽

Ownership Concentration ◽

Company Size ◽

Test Results ◽

Good Corporate Governance

The purpose of this study is the role of ownership concentration, firm size, and leverage in influencing good corporate governance. This research design is quantitative. The population used is 45 companies indexed LQ45 on the Indonesia Stock Exchange and with the Purposive Sampling method, obtained 17 companies with 3 years of observation, so the number of samples in this study is 51. The results show that the concentration of ownership, company size, and leverage have a significant effect. The test results show a positive and significant effect on the implementation of corporate governance partially for each variable and simultaneously for all variables.

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The effect of corporate governance and firm size on company�s financial performance

The Indonesian Accounting Review ◽

10.14414/tiar.v5i1.491 ◽

2016 ◽

Vol 5 (1) ◽

pp. 63

Author(s):

Richy Sugiono Agus Budiyanto ◽

Gunasti Hudiwinarsih

Keyword(s):

Corporate Governance ◽

Financial Performance ◽

Firm Size ◽

Sampling Method ◽

Stock Exchange ◽

Purposive Sampling ◽

Good Corporate Governance ◽

To Come

The company's financial performance is very important, as one of the ways that can be done by the company's management, to meet the obligations of the parties concerned in achieving the vision and mission of the company. Good Corporate governance is one way to make the company more optimal in achieving the goals of the company. Based on the Corporate Governance Perception Index, some companies are included in the CGPI ratings with the category of very reliable and reliable. This will bring more investors to come so that the companies can develop into bigger investment with funds provided by the investors. As such, the research aims to test the effect of good corporate governance, as measured by CGPI score and firm size on the companys financial performance, con-sisting of profitability, leverage, and liquidity. This research is using purposive sampling method to select all the population, i.e. companies included in the CGPI ratings with the category of very reliable and reliable, and listed in Indonesia Stock Exchange period 2010-2013. There are 59 companies used as the samples in this study. The results of the analysis show that good corporate governance affects profitability and leverage, but it does not affect liquidity. While, firm size affects profitability, leverage, and liquidity

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Good Corporate Governance sebagai Pemoderasi Pengaruh Financial Distress pada Opini Audit Going Concern

E-Jurnal Akuntansi ◽

10.24843/eja.2019.v28.i02.p15 ◽

2019 ◽

Vol 28 (2) ◽

pp. 1170

Author(s):

Ketut Memi Wulandari ◽

Ketut Muliartha

Keyword(s):

Corporate Governance ◽

Financial Distress ◽

Sampling Method ◽

Stock Exchange ◽

Manufacturing Companies ◽

Audit Opinion ◽

Going Concern ◽

Good Corporate Governance ◽

Analysis Technique ◽

Study Support

This research uses manufacturing companies listed on the Indonesia Stock Exchange as research’s objects. The number of samples are 210 with using the purposive sampling method. Data collection is done using documentation. The data analysis technique used is Moderated Regression Analysis. Based on the results of the analysis, it was found that the application of good corporate governance to the company is able to weaken the influence of financial distress on the going concern audit opinion. The implications of the results of the study support the signal theory seen in the results of the financial distress which tends to signal the auditor to give a going-concern audit opinion. The results of the study also support agency theory where the tendency for information asymmetry between agents and principals, especially for companies in experience financial distress.Keywords: Financial distress, good corporate governance, going-concern audit opinion.

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FENOMENA PENGHINDARAN PAJAK DI PERUSAHAAN INDUSTRI DASAR DAN KIMIA

JIAFE (Jurnal Ilmiah Akuntansi Fakultas Ekonomi) ◽

10.34204/jiafe.v7i2.3795 ◽

2021 ◽

Vol 7 (2) ◽

pp. 247-258

Author(s):

Yona Dwi Yuniar ◽

Ari Kamayanti ◽

Andi Asdani

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Sampling Method ◽

Stock Exchange ◽

Tax Avoidance ◽

Industrial Sector ◽

Audit Committees ◽

Purposive Sampling ◽

Good Corporate Governance ◽

High Level

ABSTRAKPenelitian ini bertujuan untuk menganalisis pengaruh manajemen laba akrual, leverage, good corporate governance terhadap penghindaran pajak pada perusahaan sektor industri dasar dan kimia. Populasi penelitian ini adalah seluruh perusahaan sektor industri dasar dan kimia yang terdaftar di Bursa EFek Indonesia periode 2015─2019. Sampel penelitian dipilih dengan metode purposive sampling dan diperoleh sebanyak 12 perusahaan. Analisis data dalam penelitian ini menggunakan analisis regresi berganda. Hasil analisis menunjukkan bahwa manajemen laba, kepemilikan institusional, dan proporsi dewan komisaris independen tidak berpengaruh terhadap penghindaran pajak, sedangkan leverage dan komite audit berpengaruh terhadap perilaku penghindaran pajak. Perusahaan sebaiknya lebih meningkatkan kinerja dewan komisaris khususnya dewan komisaris independen. Perusahaan harus memperhatikan level kompetisi, keahlian, dana pengalaman dari setiap anggota dewan agar terhindar dari tindakan kecurangan khususnya penghindaran pajak diantaranya dengan menambah jumlah dewan komisaris independen yang tidak terafiliasi dengan perusahaan dan memiliki pengetahuan lebih mengenai perpajakan perusahaan serta memiliki tingkat independensi yang tinggi. ABSTRACTThis study aims to analyze the effect of accrual earnings management, leverage, good corporate governance on tax avoidance in basic and chemical industry companies. The population of this research are all basic and chemical industrial sector companies listed on the Indonesia Stock Exchange for the period 2015-2019. The research sample was selected by purposive sampling method and obtained as many as 12 companies. Data analysis in this study used multiple regression analysis. The results of the analysis show that earnings management has no effect on tax avoidance, while leverage, institutional ownership, the proportion of independent commissioners, and audit committees affect tax avoidance behavior. The company should further improve the performance of the board of commissioners, especially the independent board of commissioners. Companies must pay attention to the level of competition, expertise, and experience of each member of the board to avoid fraud, especially tax avoidance, including by increasing the number of independent commissioners who are not affiliated with the company and have more knowledge about corporate taxation and have a high level of independence.

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Analisis Good Corporate Governance Dan Ukuran Perusahaan Terhadap Tax Avoidance Pada Pt Bank Riau Kepri

JURNAL PUNDI ◽

10.31575/jp.v2i3.107 ◽

2019 ◽

Vol 3 (1) ◽

Author(s):

Viola Syukrina E Janrosl

Keyword(s):

Corporate Governance ◽

Sampling Method ◽

Sample Selection ◽

Tax Avoidance ◽

Secondary Data ◽

Company Size ◽

Test Results ◽

Corporate Tax ◽

Purposive Sampling ◽

Good Corporate Governance

ABSTRACT This study aims to examine and provide empirical evidence of the influence between GCG and company size on tax avoidance at Bank Riau Kepri. This type of research is classified as causative research. The population in this study is Bank Riau Kepri in 2015-2017. The sample selection with purposive sampling method. The data used in this study is secondary data obtained from www.idx.co.id. Data collection techniques with documentation techniques. The research data was analyzed by multiple regression analysis with SPSS 22. The test results showed that Good corporate governance had a significant effect on tax avoidance. Can be seen the value of GCG which has a significant value of 0.000> 0.05. Company size has a significant effect on tax avoidance. Can be seen significant value 0.00 <0.05. Simultaneously Good corporate governance and company size together have a significant effect on tax avoidance. It can be seen that there is a significant value of 0.000 <0.05. For further research should add other variables that affect corporate tax avoidance including ownership structure and audit committee.Keyword: GCG; Company Size; Tax Avoidance.ABSTRAKPenelitian ini bertujuan untuk menguji dan memberikan bukti empiris pengaruh antara GCG dan ukuran perusahaan terhadap tax avoidance pada Bank Riau Kepri. Jenis penelitian ini digolongkan pada penelitian yang bersifat kausatif. Populasi dalam penelitian ini adalah Bank Riau Kepri. Pemilihan sampel dengan metode purposive sampling. Sampel dalam penelitian ini adalah laporan keuangan Bank Riau Kepri yang diolah bulanan dari tahun 2015-2017. Data yang digunakan dalam penelitian ini berupa data sekunder yang diperoleh dari www.idx.co.id. Teknik pengumpulan data dengan teknik dokumentasi. Data penelitian dianalisa dengan analisis regresi berganda dengan SPSS 22. Hasil pengujian menunjukkan bahwa Good corporate governance berpengaruh signifikan terhadap tax avoidance. Dapat dilihat nilai GCG yang mempunyai nilai signifikan 0.000 > 0,05. Ukuran Perusahaan berpengaruh signifikan terhadap tax avoidance. Dapat dilihat nilai signifikan 0.00 < 0,05. Secara simultan Good corporate governance dan ukuran perusahaan secara bersama-sama berpengaruh signifikan terhadap tax avoidance. Dapat dilihat diperoleh nilai signifikan 0,000 < 0,05. Bagi penelitian selanjutnya hendaknya menambah variabel lain yang mempengaruhi tax avoidance perusahaan diantaranya struktur kepemilikan dan komite audit.Kata Kunci : GCG; Ukuran Perusahaan; Tax Avoidance

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ANALISIS PERBEDAAN BESARAN PROFITABILITAS PADA PERUSAHAAN MANUFAKTUR YANG GO PUBLIC DI BURSA EFEK INDONESIA SEBELUM DAN SESUDAH PEMENUHAN GOOD CORPORATE GOVERNANCE BERDASARKAN KEPUTUSAN-399/BEJ/07-2001

JURNAL INFORMASI, PERPAJAKAN, AKUNTANSI, DAN KEUANGAN PUBLIK ◽

10.25105/jipak.v4i2.4465 ◽

2019 ◽

Vol 4 (2) ◽

pp. 137

Author(s):

Abubakar Arif ◽

Tuntun Asi

Keyword(s):

Corporate Governance ◽

Sampling Method ◽

Stock Exchange ◽

Profit Margin ◽

Significant Differentiation ◽

Purposive Sampling ◽

Operating Profit ◽

Good Corporate Governance ◽

Earnings Per Share ◽

Net Profit

<p><em>The research aims distinguish differentiation profitability (gross profit margin, operating profit margin, net profit margin, earnings per share, return on total assets ,dan return on total equity) of manufacturing company listed in Indonesia Stock Exchange befor and after implementing good corporate governance. One hundred and fourty for manufacturing registered companies in Indonesia Stock Exchange were used as research sample. These samples were selected by using purposive sampling method using critrerias that determined by researcher and Bapepam decision no399/BEJ/07-2001.The result of the research, there is significant differentiation of profitability befor and after implmenting good corporate governance.</em></p>

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PENGARUH TINGKAT HUTANG, ARUS KAS DAN AKRUAL TERHADAP PERSISTENSI LABA DENGAN CORPORATE GOVERNANCE SEBAGAI VARIABEL MODERATING (Studi Empiris pada Perusahaan yang Terdaftar di BEI Tahun 2011-2015)

KEBERLANJUTAN ◽

10.32493/keberlanjutan.v2i2.y2017.p678-703 ◽

2018 ◽

Vol 2 (2) ◽

pp. 678 ◽

Cited By ~ 1

Author(s):

Linawati Linawati

Keyword(s):

Corporate Governance ◽

Negative Affect ◽

Multiple Regression ◽

Cash Flow ◽

Sampling Method ◽

Stock Exchange ◽

Purposive Sampling ◽

Good Corporate Governance

Abstract The purpose of this study was to examine the influence of leverage, cash flow operation and accrual to earning persistene moderated good corporate governance. This study used multiple regression methode. Samples are companies listed on the Jakarta Stock Exchange by taking a sample of 42 Manufacturing Companiesfrom 2011-2015. Sampling is done by using purposive sampling method. Test the above hypothesis used SPSS 21. The result of this research explained that the leverage negative significant affect on earning persistence, cash flow positive significant affect on earning persistence,and accrual has not negative affect onearning persistence.While the test resulted from Multipled Regresion Analysis methode showed that corporate governance is not moderation the effect of leverage, cahsflow, and accrual to earning persistence. Keywords: earning persistence, leverage, cash flow, accrual corporate governance

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Pengaruh Kinerja Keuangan dan Good Corporate Governance (GCG) Terhadap Nilai Perusahaan

MBIA ◽

10.33557/mbia.v17i2.317 ◽

2019 ◽

Vol 17 (2) ◽

pp. 1-10

Author(s):

Rolia Wahasusmiah

Keyword(s):

Corporate Governance ◽

Firm Value ◽

Sampling Method ◽

Total Population ◽

Annual Report ◽

Stock Exchange ◽

Secondary Data ◽

Positive Influence ◽

Manufacturing Companies ◽

Good Corporate Governance

This study aims to determine the effect of financial performance and good corporate governance (GCG) on the value of companies in manufacturing companies listed on the stock exchange Indonesia. The type of data used is secondary data in the form of annual report 2016. Population used in this study are all companies listed on the Indonesia Stock Exchange (BEI). This research uses purposive sampling method with total population of 144 companies and sample of 31 companies. The results show that simultaneously ROA, OPM, NPM, KM, and KI have a positive influence on firm value. While partially ROA have a positive influence on firm value. While OPM, NPM, KM, and KI have no positive influence on firm value).

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