scholarly journals Pengaruh Corporate Governance Index Terhadap Risk-Taking dan Dinamika Bisnis Perbankan di Indonesia

2018 ◽  
Vol 15 (2) ◽  
pp. 106-118
Author(s):  
Nilam Kesuma ◽  
Efva Gozali ◽  
Ahmad Syathiri
Keyword(s):  
Corporate Governance ◽  
Least Squares ◽  
Partial Least Squares ◽  
Risk Taking ◽  
Z Score ◽  
Good Corporate Governance ◽  
Governance Index

Tujuan Penelitian – Penelitian ini mencoba untuk mengetahui pengaruh Good Corporate Governance terhadap keputusan manajemen perbankan dalam operasional bank yang mengandung risiko dan dinamika perbankan dalam menyalurkan kredit.Desain/Metodologi/Pendekatan – Variable Corporate Governance diukur menggunakan indicator rapat direksi, gaji dan remunerasi, komite remunerasi, komite nominasi, komite audit dan dewan direksi. Variable risk-taking diukur menggunakan indicator non-performance loan dan z-score. Variable business dynamic diukur menggunakan indicator fee-based income dan loan to deposit ratio. Metode yang digunakan dalam penelitian ini adalah metode Partial Least Squares untuk membantu analisis hubungan antara variable dan indikatornya. Data yang digunakan dalam penelitian ini adalah data sekunder berdasarkan laporan tahunan 2016.Temuan – Hasil pengujian mendapatkan adanya pengaruh positif dan signifikan tingginya indek GCG terhadap keputusan operasional mengandung risiko dan pengaruh tidak signifikan terhadap dinamika bisnis bank terutama terkait dengan keputusan pemberian kredit dan menentukan penyaluran berbasis bunga ataupun non bunga. Keberadaan komite audit, komite remunerasi, besaran gaji dan remunerasi direksi sangat menentukan arah kebijakan perbankanKeterbatasan Penelitian – Penelitian memfokuskan pada kajian mengenai tata kelola, manajemen risiko, dan dinamika bisnis bank.Originality/Value: - Keterbatasan penelitian ini adalah hanya terbatas pada perbankan konvensional, tahun pengambilan sampel dan masih sedikitnya indicator untuk variable risk-taking dan dinamika bisnis.

scholarly journals GENDER DIVERSITY, INDEPENDENSI, KEAHLIAN KEUANGAN DAN RISK-TAKING BEHAVIOUR PADA BANK UMUM SYARIAH

2020 ◽  
Vol 7 (10) ◽  
pp. 1869
Author(s):  
Prilo Krisnu Pradana ◽  
Lina Nugraha Rani
Keyword(s):  
Corporate Governance ◽  
Risk Taking ◽  
Gender Diversity ◽  
Audit Committees ◽  
Z Score ◽  
Risk Monitoring ◽  
Good Corporate Governance ◽  
Financial Expertise ◽  
Supervisory Boards ◽  
Risk Taking Behavior

ABSTRAKIndonesia menjadi salah satu negara yang terimbas paling parah dari adanya krisis 1997/1998 dimana kualitas tata kelola dari perbankan saat itu dianggap sebagai akar masalah, khususnya terkait berlebihnya perilaku risk-taking dalam hal peminjaman yang menurunkan performa bank. Penelitian ini bertujuan untuk menguji pengaruh Corporate Governance terhadap Risk Taking Behaviour pada Bank Umum Syariah di Indonesia periode 2012-2019. Teknik analisis yang digunakan adalah analisis regresi data panel menggunakan software Eviews 9 dengan metode purposive sampling. Corporate Governance diukur dengan proporsi perempuan (direktur, dewan pengawas syariah, komite audit, komite pemantau risiko), proporsi Independensi (komisaris independen dan komite audit independen) dan proporsi Keahlian Keuangan (direksi, dewan pengawas syariah dan komite audit), sedangkan untuk Risk Taking Behaviour diukur menggunakan Z-score. Hasil olah data menunjukkan bahwa independensi berpengaruh positif dan signifikan, gender diversity pada direksi dan komite audit dan pemantau risiko berpengaruh positif dan signifikan, sementara dewan pengawas syariah perempuan berpengaruh negative signifikan.  Keahlian keuangan komite audit berpengaruh positif signifikan, sementara pada direksi dan dewan pengawas syariah berpengaruh positif tetapi tidak signifikan. Secara simultan, hasil pengujian menunjukkan bahwa good corporate governance berpengaruh terhadap risk taking behaviour pada bank umum syariah di Indonesia.Kata Kunci: Corporate Governance, Risk Taking Behaviour, Gender Diversity, Independensi, Keahlian Keuangan, Bank Umum Syariah, Z-score ABSTRACTIndonesia became one of the worst countries that affected by the 1997/1998 crisis where the quality of governance from the banking sector at that time was seen as the root of the problem, especially related to excess risk-taking behavior in terms of lending which reduced bank performance. This study aims to examine the effect of Corporate Governance on Risk-Taking Behavior in Islamic Banks in Indonesia from 2012-2019. The analysis technique used is panel data regression analysis assisted by Eviews 9 software, the authors use a purposive sampling method to determine the research sample. Good Corporate Governance is measured by the proportion of Gender Diversity (directors, sharia supervisory boards, audit committees, risk monitoring committees), the proportion of Independence (commissioners and audit committees) and the proportion of Financial Expertise (directors, sharia supervisory boards and audit committees), while for Risk-Taking Behavior is measured using a Z-score. The results of the research showed that partially, independence has a positive and significant effect, gender diversity on the directors, audit and risk monitoring committee has a positive and significant effect, while the female sharia supervisory board has a significant negative effect. The audit committee's financial expertise has a significant positive effect, while the sharia directors and supervisory boards have a positive but not significant effect. Simultaneously, the test results show that corporate governance affects the risk-taking behavior of Islamic commercial banks in Indonesia.Keywords: Good Corporate Governance, Risk-Taking Behavior, Gender Diversity, Independence, Financial Expertise, Islamic Commercial Banks, Z-score

scholarly journals Contribution of Good Governance Principles to Strengthening Zakat Management in Indonesia: Confirmatory Factor Analysis

2018 ◽  
Vol 3 (3) ◽  
pp. 39-54
Author(s):  
Hani Tahliani
Keyword(s):  
Higher Education ◽  
Corporate Governance ◽  
Factor Analysis ◽  
Confirmatory Factor Analysis ◽  
Least Squares ◽  
Partial Least Squares ◽  
Good Governance ◽  
Crucial Issue ◽  
Good Corporate Governance ◽  
Confirmatory Factor

Good governance is a crucial issue in strengthening the performance of zakat institutions. This research aims to elaborate good governance from the perspective of Islam and analyze the factors contributing to good corporate governance in a number of zakat institutions in Indonesia. Confirmatory Factor Analysis (CFA) is employed to measure the contribution of each indicator to the five principles of good governance in zakat institutions, namely transparency, accountability, responsibility, independence, and fairness. With the assistance of Partial Least Squares (PLS) version 3 it is shown that the principle of transparency contributes 60.4%; the principle of accountability 4.82%; the principle of responsibility 6.41%; and the principle of independence 53.3%. Therefore, it can be concluded that good governance in zakat institutions has been well implemented in some aspects but has not yet been implemented comprehensively. This research is significant in that it contributes guidelines on zakat management, provides teaching materials for higher education, and serves as a reference for the formulation of policies and regulations related to the standardization of good governance in zakat institutions.

PENGARUH IMPLEMENTASI GOOD CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN PERUSAHAAN

2019 ◽  
Vol 14 (1) ◽  
pp. 47
Author(s):  
Bambang Purnomo Hediono ◽  
Insiwijati Prasetyaningsih
Keyword(s):  
Corporate Governance ◽  
Linear Regression ◽  
Financial Performance ◽  
Linear Regression Model ◽  
Stock Price ◽  
Stock Exchange ◽  
Operating Profit ◽  
Good Corporate Governance ◽  
Governance Index ◽  
Positive Effect

This study aims to examine the effect of Good Corporate Governance (GCG) implementation on  company,s financial performance. Sample size in this study were 16 companies listed on the Indonesia Stock Exchange. The Company’s Good Corporate Governance Index Score is based on ranking the SWA Governance Index. The analytical method used in this study uses a linear regression model. The results showed that GCG had a positive effect on corporate income, operating profit and post-tax profit. This shows that GCG has a positive effect on financial performance. Meanwhile, GCG  has no significant effect on stock price. Key Words: Good Corporate Governance (GCG), Financial Performance ABSTRAK Penelitian ini bertujuan untuk menguji pengaruh implementasi Good Corporate Governance (GCG) terhadap kinerja keuangan Perusahaan. Ukuran sampel dalam penelitian ini adalah 16 perusahaan yang terdaftar di Bursa Efek Indonesia. Skor Indek GCG Perusahaan mendasarkan pada perangkingan Indek Tata Kelola SWA.  Metode analisis yang digunakan dalam penelitian ini menggunakan model regresi  linier. Hasil penelitian menunjukkan bahwa GCG berpengaruh positif terhadap pendapatan perusahaan, laba operasional dan laba setelah pajak. Hal ini menunjukkan bahwa implementasi GCG berpengaruh positif terhadap kinerja keuangan. Sementara itu, GCG tidak berpengaruh signifikan terhadap kinerja harga saham.  Kata Kunci: Good Corporate Governance (GCG), Kinerja Keuangan

scholarly journals Implementation of Social Culture in Corporate Governance: A Literature Study

2019 ◽  
Vol 11 (1) ◽  
pp. 293
Author(s):  
Mukhtaruddin Mukhtaruddin ◽  
M. Adam ◽  
Isnurhadi Isnurhadi ◽  
Luk Luk Fuadah
Keyword(s):  
Corporate Governance ◽  
Ownership Structure ◽  
Audit Committee ◽  
Literature Study ◽  
Social Culture ◽  
The Public ◽  
Good Corporate Governance ◽  
The People ◽  
Governance Index

Good corporate governance (GCG) is a principle implemented by the company to ensure that the interests of stakeholders are not neglected. GCG consists of five main pillars which are transparency, accountability, responsiveness, independency, and fairness. In Indonesia, GCG implementation has not been effective enough as it is only necessarry for large companies and the public. The instrument used to assess GCG implementation is not appropriate either, examples of such are its portion, the existence and role of independent commissioners, portion, the existence and role of the audit committee, and ownership structure. This paper analyzes the implementation of culture found in Indonesian people living in GCG system. With the implementation of this social culture, the corporate GCG is better in its implementation because it is built on the noble values of the people. It then became the Pancasila which is the philosophy of Indonesia as such the the GCG implementation is accessed using the Pancasila Corporate Governance Index (PCGI).

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 DAN BIAYA OPERASIONAL DAN PENDAPATAN OPERASIONAL (BOPO) TERHADAP STABILITAS KEUANGAN BANK UMUM SYARIAH DI INDONESIA TAHUN 2012-2017

2018 ◽  
Vol 6 (2) ◽  
pp. 160
Author(s):  
Lucky Nugroho ◽  
Herda Nezzim Bararah
Keyword(s):  
Corporate Governance ◽  
Commercial Banks ◽  
Financial Stability ◽  
Review Literature ◽  
Z Score ◽  
Operating Income ◽  
Good Corporate Governance ◽  
Operational Costs ◽  
Conceptual Paper ◽  
The Impact

This study aims to determine the impact or influence of good corporate governance and efficiency, which in this case the proxy by the ratio of operational costs and operating income to the financial stability of sharia commercial banks. The method in this research is a literature review or conceptual paper. Based on the results and review literature, it is known that the financial stability of sharia banks is a significant factor in maintaining reputation. Good corporate governance, operational costs, and operating income (BOPO) are factors that can support the financial stability of sharia commercial banks and in this study measured by Z-score. Therefore, financial stability in sharia banks should be the focus of the management of sharia commercial banks

Related party transactions, corporate governance and earnings management

2018 ◽  
Vol 18 (6) ◽  
pp. 1124-1146 ◽  
Author(s):  
Pier Luigi Marchini ◽  
Tatiana Mazza ◽  
Alice Medioli
Keyword(s):  
Corporate Governance ◽  
Earnings Management ◽  
Least Squares ◽  
Positive Association ◽  
Ordinary Least Squares ◽  
Content Type ◽  
Related Party Transactions ◽  
Governance Indicator ◽  
Contingency Perspective ◽  
Good Corporate Governance

Purpose Following the contingency perspective, this paper aims to examine if a good corporate governance structure is able to reduce earnings management made through related party transactions. The authors expect that a high-quality corporate governance influences private benefit acquisition and reduces the positive association between related party transactions and earnings management. Design/methodology/approach A two-stage least squares instrumental variable approach is used to further address endogeneity concerns in this study. The model is organized into three parts: the construction of the corporate governance indicator, the first stage regression to compute the predicted corporate governance indicator and the second stage regression (ordinary least squares multivariate regressions) to analyze the relationship between related party transactions and earnings management. The analysis focuses on a sample of Italian listed companies over the period 2007-2012. Findings The study finds that the interaction between sales-related party transactions and corporate governance is negatively associated with abnormal accruals, signaling that corporate governance quality reduces the positive association between sales-related party transactions and earnings management, consistently with the contingency perspective. Originality/value The research contributes to literature by empirically testing the assumption of contingency perspective. In particular, the results provide new insights to the academic community, underlying that good corporate governance mechanism helps to reduce earnings management behavior through related party transactions.

scholarly journals An assessment of corporate governance in financial institutions in Barbados

2019 ◽  
Vol 8 (1) ◽  
pp. 47-58 ◽  
Author(s):  
Anthony Wood ◽  
Keisha Small
Keyword(s):  
Corporate Governance ◽  
Financial Institutions ◽  
Research Effort ◽  
Regulatory Agencies ◽  
Good Corporate Governance ◽  
Oecd Principles ◽  
Governance Index ◽  
Governance Practice ◽  
Corporate Governance Practice ◽  
Best Fit

The objective of this paper is to provide an assessment of corporate governance in selected financial institutions in Barbados. The instrument used for measuring corporate governance practice is derived from the Central Bank of Barbados (CBB) Corporate Governance Guidelines (2013) and the OECD Principles of Corporate Governance (OECD, 2004). A corporate governance index is developed to best fit the domestic financial system. The results indicate that the five financial institutions are highly compliant with the corporate governance guidelines. The corporate governance index ranges from 75 to 92 on a scale of 0 to 100 in ascending order of good corporate governance. Commercial banks obtained the highest corporate governance rankings. This result is not surprising since the banks operating in Barbados are affiliates of foreign-owned and domiciled financial institutions. They are therefore monitored by multiple local, regional and international regulatory agencies. This paper is the first such research effort for the Barbadian economy. The findings should be beneficial to many persons, including top management (CEO, Chairman, Board of Directors), shareholders and other stakeholders, regulators and future researchers.

scholarly journals The Importance of Corporate Governance of Banks Concerning the Ownership in the International Environment

2020 ◽  
Vol 66 (4) ◽  
pp. 11-27
Author(s):  
Mejra Festić ◽  
Polona Črepinko ◽  
Borut Bratina
Keyword(s):  
Corporate Governance ◽  
Ownership Structure ◽  
Risk Taking ◽  
State Ownership ◽  
International Environment ◽  
The Social ◽  
Managerial Roles ◽  
Governance Index ◽  
Transparency And Disclosure ◽  
And Control

AbstractThe analysis of the factors of corporate governance is divided into four thematic sections. In the first part corporate governance is defined as part of the broader economic context. The second part deals with the principles of corporate governance. In the third part, the relation between the index of corporate governance and individual indicators (an indicator of commitment, transparency, and disclosure, caring for partners, and control and audit) regarding ownership is defined. An analysis was undertaken for the countries of Central and Eastern Europe. A higher level of foreign ownership had a positive correlation with the corporate governance index. On the other hand, the correlation between state ownership and corporate governance index was not clear. The prevention of poor banking practices does not only lie in controlling functions, but also in the general corporate and risk-taking cultures, and the social perception of managerial roles, regardless of ownership structure.

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