THE EFFECT OF GOOD CORPORATE GOVERNANCE ON FINANCIAL PERFORMANCE AND CORPORATE VALUE

Audit Committees ◽

Research Subjects ◽

Return On Assets ◽

Company Value ◽

Good Corporate Governance

This study was conducted to determine the effect of Good Corporate Governance (GCG) on Financial Performance and Company Value in State-Owned Corporation in Indonesia in the era of 4.0 and society 5.0. Research subjects are state-owned corporation listed on the Indonesia Stock Exchange (IDX) for the 2013-2017 period. The samples taken are 10 State-Owned Corporation (BUMN) that are included in the criteria. The method used to analyze the relationship between variables in this study is multiple linear regression analysis. Hypothesis test results show that the Independent Board of Commissioners and Audit Committee have an effect on the Return on Assets (ROA) with a significance value of 0.012. The results of testing the second hypothesis Independent commissioners and audit committees have no simultaneous effect on Company Values with a significance value of 0.082. Partially the independent Board of Commissioners has an effect on Return On Assets (ROA) and company value. While the second variable of the Audit Committee does not affect the Return on Assets (ROA) and company value.

GOOD CORPORATE GOVERNANCE DAN KINERJA KEUANGAN PERUSAHAAN FOOD AND BEVERAGE

eBA Journal: Journal Economics, Bussines and Accounting ◽

10.32492/eba.v5i2.840 ◽

2019 ◽

Vol 5 (2) ◽

pp. 1-10

Author(s):

Viora Doreke Alvilika ◽

Siti Nurlaela ◽

Yuli Chomsatu Samrotun

Keyword(s):

Corporate Governance ◽

Financial Performance ◽

Audit Committee ◽

Institutional Ownership ◽

Managerial Ownership ◽

Return On Assets ◽

Independent Variables ◽

Food And Beverage

The purpose of this study is to examine the effect of good corporate governance on the company's financial performance. The population used in this study were food and beverage companies listed on the IDX during the study year period 2013-2017. The sampling used in this study is to use a purposive sampling method which is obtained by 16 food and beverage companies with the period of the 2013-2017 research year. The variables used in this study are managerial ownership, institutional ownership, independent commissioners, board of commissioners, and committee size as independent variables, while financial performance with return on assets (ROA) as the dependent variable. The analytical tool used in this study is multiple linear regression analysis which is used to test the effect of independent variables on the dependent variable. In the results of this study indicate that managerial ownership variables, institutional ownership, board of commissioners and the size of the audit committee have no effect on financial performance return on assets, only independent commissioner variables have an effect on financial performance.

The Influence of Good Corporate Governance and Capital Structure on Firm Value: The Mediation Role of Financial Performance

Media Ekonomi dan Manajemen ◽

10.24856/mem.v35i2.1554 ◽

2020 ◽

Vol 35 (2) ◽

pp. 230

Author(s):

Ridwan Nurazi ◽

Intan Zoraya ◽

Akram Harmoni Wiardi

Keyword(s):

Corporate Governance ◽

Capital Structure ◽

Financial Performance ◽

Firm Value ◽

Stock Exchange ◽

Multiple Linear Regression Analysis ◽

Company Value ◽

The Impact

<pre>The objective of this study is empirically identify the impacts of Good Corporate Governance and capital structure on firm value with financial performance as intervening variable. We operate quantitative approach within the scope of manufacturing company of metal, chemical, and plastic packaging sector which listed in Indonesia Stock Exchange during the 2017-2018 periods as the population. Samples are chosen by purposive sampling method inwhich the company must report the financial statement in a row, obtained 79 observations. The data analysis technique used is financial ratio analysis to determine the condition of the business financial ratios of the variables studied. Data were analyzed using multiple linear regression analysis. The result shows that corporate governance and capital structure influence the firm value, moreover the use of institutional ownership ratio and capital structure will increase the value of the firm. The result also shows that the impact of Corporate governance and capital structure on the company value are mediated by financial performance. It means that the value of the firm can increase if the company able became an effective monitoring tool.</pre>

The Effect of Good Corporate Governance Mechanism On The Financial Performance of Banking Companies Listed In Stock Exchange Indonesia 2012-2016

JOURNAL OF APPLIED MANAGERIAL ACCOUNTING ◽

10.30871/jama.v3i2.1552 ◽

2019 ◽

Vol 3 (2) ◽

pp. 273-287

Author(s):

Desi Pipian Pujakusum

Keyword(s):

Corporate Governance ◽

Financial Performance ◽

Board Of Directors ◽

Audit Committee ◽

Stock Exchange ◽

Governance Mechanism ◽

Return On Assets ◽

The Board Of Directors ◽

Corporate Governance Mechanism

This study aims to examine the effect of good corporate governance mechanism on the financial performance of banking companies listed on the Indonesian Stock Exchange 2012-2016 period. The corporate governance mechanism is proxied by the size of the board of directors, the size of the board of commissioners, audit committee size, the board of director's education, and the board of commissioner’s education. The company's financial performance is proxied by return on assets (ROA). Samples were taken by using purposive sampling. The total number of samples used in this study amounted to 180 research samples. This study was tested with SPSS 20 program. Data analysis technique used in this research is simple regression analysis. The results showed that the size of the board of directors, the size of the board of commissioners, and audit comitee size have a significant effect on return on assets. These three factors have a significant effect on return on assets, while the board of commissioners education and the board of director's education have no significant effect on return on assets.

Good Corporate Governance Menghasilkan Laporan Keuangan Berkualitas dan Pengaruhnya Terhadap Kinerja Keuangan

EKONOMIS Journal of Economics and Business ◽

10.33087/ekonomis.v4i1.130 ◽

2020 ◽

Vol 4 (1) ◽

pp. 144

Author(s):

Arna Suryani ◽

Elia Rossa

Keyword(s):

Corporate Governance ◽

Financial Performance ◽

Audit Committee ◽

Stock Exchange ◽

Foreign Ownership ◽

Financial Statement ◽

Audit Committees ◽

Coefficient Of Determination ◽

Good Corporate Governance

This research aims at finding out and analyzing how good corporate governance produces financial statement which has a certain quality that affects the company's financial performance. The population of this research is a sub-sector of the property listed on the Indonesia Stock Exchange period of 2014-2018, with the selection of samples based on the selected purposive sampling of 16 companies. The data was analyzed by using multiple linear regression by conducting classical assumption tests and hypothesis tests. The results of the research show that good corporate governance measured with the commissioner, foreign ownership and audit committees are simultaneously and significantly affect the financial performance measured by return on asset. Partially the Board of Commissioners have a significant effect on financial performance with a substantial of 1.299. Foreign ownership and audit committees have no significant effect on the financial performance in which the value of sig is > 0.05. The value of coefficient of determination of R2 amounted to 72.9% showed that Return On Asset variation can be explained by the variation of Board of Commissioners, foreign ownership and audit committee and the remain is 27.1% which is explained by other factors that do not exist in this research. The results of this research proved that the most dominant variable which has significant effect to the financial performance is the Board of Commissioners. This should be a consideration for the company in the election or designation of the Board of Commissioners to improve implementation of good corporate governance principles in order to improve the company's financial performance.

Pengaruh Financial Distress dan Good Corporate Governance pada Praktik Tax Avoidance

E-Jurnal Akuntansi ◽

10.24843/eja.2019.v29.i03.p01 ◽

2019 ◽

Vol 29 (3) ◽

pp. 912

Author(s):

I Gede Ambara Cita ◽

Ni Luh Supadmi

Keyword(s):

Corporate Governance ◽

Financial Distress ◽

Audit Committee ◽

Stock Exchange ◽

Tax Avoidance ◽

Institutional Ownership ◽

Audit Committees ◽

Positive Effect

Efforts to minimize tax payments from nominal should be legally called tax avoidance. This study aims to examine the effect of financial distress and good corporate governance on tax avoidance that is proxied by the cash effective tax rate (CETR). This research was conducted in the consumer goods sector companies listed on the Indonesia Stock Exchange in 2013-2017. Determination of the number of samples using purposive sampling method and obtained a sample of 105 samples. Data were analyzed using multiple linear regression analysis. Based on the results of the analysis found financial distress has a negative effect on tax avoidance, institutional ownership has a positive effect on tax avoidance, independent commissioners have a positive effect on tax avoidance, and audit committees have a positive effect on tax avoidance. Keywords : Financial Distress; Institutional Ownership; Independent Commissioner; Audit Committee; Tax Avoidance.

PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN PERUSAHAAN PADA PERUSAHAAN AGRIKULTUR SUB SEKTOR PERKEBUNAN YANG TERDAFTAR DI BEI PERIODE TAHUN 2015-2019

Progress: Jurnal Pendidikan, Akuntansi dan Keuangan ◽

10.47080/progress.v4i1.1099 ◽

2021 ◽

Vol 4 (1) ◽

pp. 74-86

Author(s):

Iroh Rahmawati ◽

Putri Kitrianti

Keyword(s):

Corporate Governance ◽

Financial Performance ◽

Audit Committee ◽

Stock Exchange ◽

Sampling Technique ◽

Linear Regression Method ◽

Simple Linear Regression ◽

Return On Assets ◽

Financial Reports ◽

Good Corporate Governance

This study aims to determine the effect of Good Corporate Governance which consists of the Audit Committee Size as Variable on the Company's Financial Performance which is calculated using Return On Assets. This study was conducted on Agricultural Sub Sektor companies listed on the Indonesia Stock Exchange in 2015-2019. Samples were taken using purposive sampling technique. The number of samples is 9 companies with 5 years of financial reports. The method of analysis used in this study is a simple linear regression method. The results of this study indicate that Good Corporate Governance (Audit Committee Size) has a significant effect on Company Financial Performance (ROA) with value of tcount is 2.194 and ttable is 2.016, for sig. 0.034. And the value of R Square Good Corporate Governance on the Company's Financial Performance is 10.1% while 89.9% is influenced by other variables which are not discussed in this study.

THE EFFECT OF GOOD CORPORATE GOVERNANCE ON FINANCIAL PERFORMANCE IN LQ45 COMPANIES LISTED IN INDONESIAN STOCK EXCHANGE

Economics and Business Solutions Journal ◽

10.26623/ebsj.v4i2.2789 ◽

2020 ◽

Vol 4 (2) ◽

pp. 1

Author(s):

Nurkholis Muhammad ◽

Damayanti Damayanti

Keyword(s):

Corporate Governance ◽

Financial Performance ◽

Board Of Directors ◽

Audit Committee ◽

Institutional Ownership ◽

Significant Negative Effect ◽

The Board Of Directors ◽

Negative Effect

This study is conducted to examine the effect of good corporate governance on financial performance. The variables used in this study are the board of commissioners, the board of directors, institutional ownership and the audit committee as independent variables, while the dependent variable is financial performance proxies with ROA. This study uses 14 consistent samples of LQ45 companies that met the sample criteria during 2014 to 2018. The sampling technique in this research is purposive sampling in order to obtain 70 observations. Because the classical assumption test gets problems in the autocorrelation test, the data are transformed using the cochrane orcutt method, so that the total observations become 69 observations. The data analysis technique utilizes multiple linear regression analysis. The results of this study indicate that the board of commissioners has a positive and significant effect on financial performance, while the board of directors has a significant negative effect on financial performance, and institutional ownership has a significant positive effect on financial performance, while the audit committee has a significant negative effect on financial performance. Based on the determination testing of variable of the board of commissioners, board of directors, institutional ownership and audit committee in the regression model, this study is able to explain the dependent variable of financial performance by 32.9%, while 67.1% is explained by other variables not examined in this study

International Journal of Innovative Technology and Exploring Engineering - Special Issue ◽

Does the Quality of Good Corporate Governance Provide Economic Value for Investors? Evidence from Indonesia

10.35940/ijitee.b1112.1292s319 ◽

2019 ◽

Vol 9 (2S3) ◽

pp. 458-462

Keyword(s):

Corporate Governance ◽

Stock Exchange ◽

Hypothesis Test ◽

Sampling Technique ◽

Significant Positive Effect ◽

Return On Assets ◽

Company Value ◽

The Impact ◽

Positive Effect

This study aims to examine the impact of Good Corporate Governance (GCG) on corporate value by using financial performance proxied by Return on Assets (ROA) and Return on Equity (ROE) as intervening variables. The samples used in this study were Non-financial companies participating in the Corporate Governance Perception Index (CGPI) listed on the Stock Exchange during the period 2012 to 2016. The sampling technique used in this study was purposive sampling technique.The tests that will be carried out are Analysis of Multiple Linear Regression and Hypothesis Test (partial and simultaneous test) using the Eviews program. The test results show that the variable Good Corporate Governance (GCG) has a significant positive effect on Return on Assets (ROA), the Return on Assets (ROA) variable has a significant positive effect on influencing the value of the company. ROA variables are proven to interfere with the influence of Good Corporate Governance (GCG) on company value. While the ROE variable is not proven to mediate the influence of GCG on the value of the company. The direct influence of Good Corporate Governance on company value is also not empirically proven. GCG variables have no effect on ROE. Likewise the ROE variable does not have an influence on the value of the company.

PENGARUH GOOD CORPORATE GOVERNANCE DAN LEVERAGE TERHADAP KINERJA KEUANGAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

10.31219/osf.io/h9xgp ◽

2019 ◽

Author(s):

Elvina Agustin ◽

Aminar Sutra Dewi

Keyword(s):

Corporate Governance ◽

Regression Analysis ◽

Financial Performance ◽

Audit Committee ◽

Hypothesis Test ◽

Secondary Data ◽

Panel Data Regression ◽

Data Regression

The financial performance of State-Owned Enterprises has decreased from 2015 to Q1 2016 because of rising NPLs or bad loans. The role of the organization in the company will give effect to the financial performance. This study aims to determine the influence of the Board of Commissioners, Audit Committee, and Leverage on Performance Banking finance. The sample used is the financial sector companies in the year 20012-2016 amounted to 45 samples. The type of data used is secondary data. The hypothesis in this research is tested by using panel data regression analysis. The result of the hypothesis test shows that the board of commissioners has negative and insignificant effect, the audit committee has positive and insignificant impact on the company's financial performance (ROA). Leverage has a negative and insignificant impact on ROA.

The Effect of Good Corporate Governance Implementation on Islamic Bank Financial Performance

Management Analysis Journal ◽

10.15294/maj.v10i1.44339 ◽

2021 ◽

Vol 10 (1) ◽

pp. 55-61

Author(s):

Amrina Rosada

Keyword(s):

Corporate Governance ◽

Financial Performance ◽

Board Of Directors ◽

Audit Committee ◽

Stock Exchange ◽

Supervisory Board ◽

Return On Assets ◽

The Board Of Directors ◽

Independent Variable

This study aims to examine the effect of Good Corporate Governance on Financial Performance at Islamic Banks. The independent variable in this study is Good Corporate Governance as measured by the board of directors, the independent board of commissioners, the islamic supervisory board and the audit committee. The population in this study were 11 Islamic commercial banks listed on the Indonesia Stock Exchange. This research data was obtained from the annual report for 2015-2019. The results showed that the audit committee has an effect on financial performance as measured by return on assets, while the board of directors, independent commissioners, and islamic supervisory board has no effect on financial performance as measured by return on assets. Together the board of directors, independent commissioners, islamic supervisory board and audit committee have an effect on return on asset.