A cross-sectional analysis of the influence of corporate governance features on the organizational outcomes: An assessment

This work aimed at testing the influence of corporate governance features on the organizational outcomes in one of the countries of the Gulf Cooperation Council (GCC) which is Qatar. The data was used for the organizations that belong to non-financial sector. The findings revealed that the size of audit commission, the board of directors size, and independency have positive influence on organizational outcomes represented by return on assets. In addition, the same positive influence could be found between the size of the audit commission and independency with return of equity as a second measurement of the organizational outcomes. Moreover, meeting of the board has a significant negative influence on organizational outcomes. The present work is considered as the first study that tests its predictor variables in its relationship with organizational outcomes. The considerable contribution of this study lies in identifying the previous studies gap for the GCC countries and analyses several viable studies that might probably be useful for improving corporate governance system in the non-financial sector. IIUC Studies Vol.17, December 2020: 9-26

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Analysis of Governance and Efficiency on Zakat Distribution: Evidence From Indonesia

International Journal of Zakat ◽

10.37706/ijaz.v3i2.74 ◽

2018 ◽

Vol 3 (2) ◽

pp. 1-15

Author(s):

Novendi Arkham Mubtadi ◽

Dewi Susilowati

Keyword(s):

Cost Efficiency ◽

Quantitative Research ◽

Negative Influence ◽

Positive Influence ◽

Governance System ◽

Board Size ◽

Time Efficiency ◽

Central Java ◽

Efficiency Measures ◽

Efficiency Cost

This study analysesand identifies the governance factor(s) that influence zakat disbursement efficiency for Indonesia’s National Zakat Board (BAZNAS)in four district of Central Java Province, namely Banyumas, Purbalingga, Banjarnegara, and Kebumen. This research examines how the zakat institution in Indonesia has improved in terms of disbursement activities over the past 5 years (2011-2015).This is a quantitative research study that uses two approaches of efficiency analysis, namely (i) zakat disbursement efficiency measurement (ratio analysis) and (ii) identification of governance factor(s) that influence the zakat disbursement efficiency of the zakat institutions (regression analysis). Eviews 9 was used in data calculation. In the first approach, there are three efficiency measures: disbursement efficiency, cost efficiency and time efficiency. In the second approach, governance factors (board size; professionals on board; and frequency of board meetings) identify the influence of governance factors on zakat disbursement efficiency measures. The findings showthat there is a negative influence between board size and cost efficiency and no influence with disbursement and time efficiency. However, the relationshipbetween board size and disbursement and time efficiency is rejected because of insignificant results. Professionals on boards has a positive influence on disbursement, cost and time efficiency. Lastly, the frequency of board meetings positively influences disbursement efficiency and time efficiency. Frequency of board meetings showed a negative influence with cost efficiency. This research is significant as it could contribute to future discussions on the potential ways to improve zakat governance and efficiency in Indonesia. The outcomes from the discussions will be useful as a guide for policymakers looking to improve the zakat institution’s governance system. Keywords:Efficiency, Governance, Indonesia, Zakat

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Pengaruh Corporate Social Responsibility (CSR) Dan Good Corporate Governance (GCG) Terhadap Tax Avoidance

Jurnal Akademi Akuntansi ◽

10.22219/jaa.v4i2.17992 ◽

2021 ◽

Vol 4 (2) ◽

pp. 152-161

Author(s):

Setu Setyawan

Keyword(s):

Corporate Governance ◽

Corporate Social Responsibility ◽

Social Responsibility ◽

Tax Avoidance ◽

Negative Influence ◽

Positive Influence ◽

Good Corporate Governance ◽

Business Regulations ◽

Csr Disclosure ◽

Corporate Social

This study aims to test the influence of corporate social responsibility (CSR) and good corporate governance (GCG) on tax avoidance. The population in this study was a CGPI-winning company registered with IICG in 2018. The samples selected for use in the study were 15 companies that met the sample criteria. The study was analyzed using partial last square analysis (PLS). The results showed that CSR has a negative influence on tax avoidance. The higher the csr disclosure rate made by the company, the lower the value of CETR which means the level of tax avoidance is high. Meanwhile, good corporate governance has a significant positive influence on tax avoidance. This shows that good corporate governance then corporate tax avoidance will decrease, and the company will be able to run its business in accordance with applicable business regulations including fiscal regulations. This research is potentially relevant to academia, and management. This research provides empirical insight into two major concepts: agency and stakeholder theory issues in tax avoidance schemes.

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Can forensic accounting impact sustainable corporate governance?

Corporate Governance ◽

10.1108/cg-06-2020-0269 ◽

2020 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Ali Rehman ◽

Fathyah Hashim

Keyword(s):

Corporate Governance ◽

Structural Equation ◽

Survey Design ◽

Equation Modeling ◽

Governance System ◽

Cross Sectional Survey ◽

Design Data ◽

Cross Sectional ◽

Content Type ◽

Organizational Policies

Purpose The purpose of this paper is the measurement of forensic accounting’s (FA) impact on sustainable corporate governance (SCG) within Omani public listed companies. Beyond merely cataloging the latest criminal innovations and SCG problems, this paper offers a path forward to overcome the myriad threats that can harm the organization and society. FA and SCG can achieve, anticipate and prevent tomorrow’s fraud today before organizations reach the point of no return. Design/methodology/approach For this study, FA is an independent variable and SCG is the dependent variable. This study used a descriptive cross-sectional survey design. Data are collected by internet-based tool and analyzed via partial least squares structural equation modeling and Statistical Package for Social Sciences. Findings Result suggests that FA has a significant direct impact over SCG; moreover, FA can become the part of governance management toward the elimination of fraud and achievement of SCG. Practical implications This study can assist regulators, professional bodies and organizations in amending their codes of corporate governance and organizational policies by introducing the SCG clauses and making FA as a compulsory part of governance system. Originality/value Up to the best of the knowledge of researchers, there is no study conducted before which verifies the FA impact on SCG; moreover, previous relevant studies verify only one constituent for SCG, whereas this study is identifying three constituents necessary for SCG.

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Ownership Structure and Profitability: The Moderating Effect of Audit Committee Financial Expertise

The Journal of Social Sciences Research ◽

10.32861/jssr.spi6.396.401 ◽

2018 ◽

pp. 396-401

Keyword(s):

Ownership Structure ◽

Audit Committee ◽

Negative Influence ◽

Positive Influence ◽

Moderating Effect ◽

Cross Sectional ◽

Listed Firms ◽

Financial Expertise ◽

Financial Expert ◽

Retained Earnings

Lower profitability leads to the undercapitalization problem which leads to low of retained earnings, and consequently to over-dependence on debt financing, rather than with internally generated equity. This paper examined the moderating effect of audit committee financial expertise on the relationship between ownership structure and profitability of listed financial institutions in Nigeria. The study utilizes a sample of 29 listed firms from 2006 to 2015. Driscoll and Kraay’s standard errors estimation was employed overcome the heteroscedasticity, autocorrelation and cross-sectional dependence problems. The results established that audit committee financial expertise has a significant positive influence on profitability. Likewise, CEO and foreign ownership have a positive influence on profitability. However, these positive relationships turned out to be negative due to the presence of audit committee financial expertise as a moderator. Although executive ownership has a negative influence on profitability, this is upturned to the positive relationship with the presence of an audit committee financial expert. It is recommended that the regulators should strengthen the power of the audit committee to safeguard or protect the interest of other shareholders.

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The Impact of Governance Rules on Earnings Management: Applied Study on Industrial and Service Companies Listed on Palestine Stock Exchange

International Journal of Business Ethics and Governance ◽

10.51325/ijbeg.v2i3.51 ◽

2019 ◽

pp. 103-136

Author(s):

Yousef Alrayyes ◽

Nahed Al Khaldy

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Stock Exchange ◽

Negative Influence ◽

Positive Influence ◽

Board Independence ◽

Independence Property ◽

Ceo Duality ◽

Board Directors ◽

The Impact

The aim of the study is to analyze the impact of corporate governance rules on earnings management for companies listed on Palestine Exchange. A number of corporate governance variables was selected to achieve this aim, including size of board of directors, CEO duality, board of director’s independence, property rights, number of board directors’ meetings. Modified Jones Model has been used to detect earnings management. Panel Data Model has also been involved in the study, where the population study consists of the 48 companies listed on Palestine Exchange, and which are distributed across five main sectors. The study sample included 13 industrial and services companies listed on Palestine Exchange. This study found that there was a negative influence between board size and CEO duality, and between earnings management. The study also showed that there is a positive influence between board independence and earnings management. Moreover, it showed that no relationship between board directors meetings and internal ownership with earnings management. The study stressed on the need for continued reinforcement of the governance rules, in order to avoid the negative impacts resulted from failure to apply these rules, taking into consideration the support of board independence in their relationship with areas of executive work to avoid taking decision that may affect earnings management. It also recommended that doing other researches on the same subject should be continued, taking into account the examination of variables other than those in this study to get to the variables that have the greatest impact on earnings management for companies listed on Palestine Exchange.

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Corporate governance and financial markets

Corporate Ownership and Control ◽

10.22495/cocv5i3c2p2 ◽

2016 ◽

Vol 5 (3) ◽

pp. 263-278 ◽

Cited By ~ 1

Author(s):

Avanidhar Subrahmanyam

Keyword(s):

Corporate Governance ◽

Stock Returns ◽

Good Governance ◽

Trading Activity ◽

Cross Sectional ◽

Institutional Holdings ◽

Liquidity Trading ◽

The One ◽

Sectional Analysis

We link corporate governance with liquidity, trading activity, and the clientele that holds the firm’s stock. On the one hand high liquidity can decrease the quality of a firm’s governance because it reduces costs of turning over a stock attracting too many short-term agents who have little vested in good governance. On the other hand, liquidity can attract more sophisticated agents and hence improve the quality of a firm’s governance. In our cross-sectional analysis, we find that high liquidity is accompanied by poorer governance and vice versa. Further, increased institutional holdings are surprisingly associated with weaker governance in the 1990s, whereas in later years, they are not significantly related to governance. The proportion of orders transacted by small (large) traders is associated with weaker (stronger) governance, supporting the notion that a clientele consisting of small, unsophisticated investors can weaken the discipline imposed by outside investors on management. Given the known relation between corporate governance and stock returns, our results establish an indirect link between security prices and liquidity as well as trading activity, which goes beyond the direct channel described in Amihud and Mendelson (1986)

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The Amount of Shares Held by Chaebol’s Other Affiliated Firms and Affiliated Firm's OwnershipControl Disparity: A Cross-Sectional Analysis

International Studies Review ◽

10.1163/2667078x-00801001 ◽

2007 ◽

Vol 8 (2) ◽

pp. 1-10

Author(s):

Jae-Hyung Lee ◽

Myung Hoon Yi

Keyword(s):

Corporate Governance ◽

Cash Flow ◽

Cross Sectional ◽

Dependent Variables ◽

Net Assets ◽

Sectional Analysis ◽

The Relationship ◽

Disparity Index ◽

Ownership Control ◽

Voting Right

We examine the relationship between the amount of shares held by Chaebol’s other affiliated firms and affiliated firm's ownership-control disparity. To this end, the ownership-control disparity equations are estimated with the ownership-control disparity index and the voting right leverage index as dependent variables, using cross-sectional data on 78 affiliated firms in Chaebols in 2005. These Chaebols are controlled by the ceiling on the total amount of holding shares of other affiliated firms in Chaebol. The estimation results with the ownership-control disparity index indicate that the increase in the amount of shares held by Chaebol’s other affiliated firms deepens the ownership-control disparity. And the amount of net assets and the amount of cash flow mitigate the ownership-control disparity. The estimation results of the voting right leverage index are almost the same as those of the ownership-control disparity index. We also find that the ownership-control disparity index is more elastic than the voting right leverage index with respect to the amount of shares held by Chaebol’s other affiliated firms. Overall, these empirical findings suggest that the ceiling on the total amount of holding shares of other affiliated firms in Chaebol can contribute to the desirable corporate governance.

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PENGARUH KECAKAPAN MANAJERIAL, PENERAPAN CORPORATE GOVERNANCE, KOMPENSASI BONUS DAN LEVERAGE TERHADAP MANAJEMEN LABA DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERASI (PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI 2015-2017)

Jurnal Magister Akuntansi Trisakti ◽

10.25105/jmat.v5i2.5072 ◽

2019 ◽

Vol 5 (2) ◽

pp. 165

Author(s):

Binsar Simajuntak ◽

Lucky Amirullah Anugerah

Keyword(s):

Corporate Governance ◽

Earnings Management ◽

Firm Size ◽

Stock Exchange ◽

Negative Influence ◽

Positive Influence ◽

Company Size ◽

Manufacturing Companies ◽

Managerial Skills ◽

Positive Effect

The purpose of this study was to examine the effect of Managerial Skills, Corporate Governance, Bonus Compensation, Leverage on Earnings Management with Company Size as a moderating variable. Managerial ownership is measured using Confirmatory Factor Analysis, Corporate Governance is measured based on the Asean Corporate Governance Balance Scorecard, Bonus Compensation is measured by the company's dummy compensation bonus, Leverage is measured using the debt to equity ratio, Company Size is measured using Log Natura of total assets, and Profit management is measured by using the Stubben model with the Conditional revenue model proxy.Hypothesis testing is done by using multiple regression models by first performing a classic assumption test. The population and sample used in this study were 80 companies with a total of 181 observation samples of manufacturing companies listed on the Indonesia Stock Exchange in the 2015-2017 period. The results of this study are (1) Managerial skills do not have a positive effect on earnings management (2) Corporate governance does not negatively affect earnings management (3) Bonus compensation has a positive effect on earnings management (4) Leverage has a positive effect on earnings management (5) Size company has a negative effect on earnings management (6) Company size does not weaken the positive influence of managerial skills on earnings management (7) Firm size does not weaken the negative influence of corporate governance on earnings management (8) Firm size weakens the positive effect of bonus compensation on earnings management (9) Company size weakens the positive influence of leverage on management.

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One year of COVID-19 pandemic: a cross sectional study on teaching oral and maxillofacial surgery

Head & Face Medicine ◽

10.1186/s13005-021-00304-z ◽

2021 ◽

Vol 17 (1) ◽

Author(s):

Anna Bock ◽

Florian Peters ◽

Philipp Winnand ◽

Kristian Kniha ◽

Marius Heitzer ◽

...

Keyword(s):

Online Teaching ◽

Maxillofacial Surgery ◽

Cross Sectional Study ◽

Negative Influence ◽

Positive Influence ◽

Dental Students ◽

Oral And Maxillofacial Surgery ◽

Digital Learning ◽

Cross Sectional ◽

E Learning

Abstract Background The pandemic has challenged educational institutions to catalyze digitalization and rapidly develop online teaching formats. The aim of the study was to evaluate the teaching offered for oral and maxillofacial surgery at our university during the pandemic and to investigate the students’ perceptions of the current situation. Methods A 38-item questionnaire with five sections (demographic information, lectures, internships, e-learning, and pandemic-related solutions/effects) was created online. Most questions were answered on a 10-point Likert scale, with 1 indicating “fully agree/positive” and 10 indicating “totally disagree/negative.” The remaining questions were either answered with yes/no, percent value, or open-ended text responses. All 3rd-5th year dental students were invited to voluntarily participate and were sent a link by email in a general mail shot. Results A total of 63.7% of the participants had no prior experience with online courses before the pandemic. The students stated that the change from face-to-face to online teaching worked very well in the last two semesters (mean = 2.73, standard deviation = 2.05). Overall, the pandemic had a rather positive influence on the acquisition of theoretical skills and a negative influence on the acquisition of practical skills (p < 0.0001). The evaluation showed that, compared to other dental clinics at our university, the department for oral and maxillofacial surgery was well prepared for the pandemic. Conclusion Digitalization of oral and maxillofacial surgery teaching in dental education is possible but depends on the institution’s preparatory work and technological possibilities. The students declared a high acceptance of digital learning formats and indicated an increased motivation to learn due to e-learning. The pandemic’s influence on the students’ education was rated ambivalent.

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RISIKO, GOOD CORPORATE GOVERNANCE, PROFITABILITAS, CAPITAL TERHADAP KESEHATAN BANK UMUM SWASTA NASIONAL DEVISA DI INDONESIA

BALANCE: Economic, Business, Management and Accounting Journal ◽

10.30651/blc.v17i2.5073 ◽

2020 ◽

Vol 17 (2) ◽

pp. 50

Author(s):

Shanty Rahayuningtyas ◽

Emanuel Kristijadi

Keyword(s):

Corporate Governance ◽

Foreign Exchange ◽

Financial Services ◽

Secondary Data ◽

Sampling Technique ◽

Negative Influence ◽

Positive Influence ◽

Health Score ◽

Purposive Sampling ◽

Good Corporate Governance

ABSTRACT The purpose of this study was determine whether CKPN, ALR, BOPO, IRR, GCG, ROA and ETA have a significant effect either simultaneously or in part. This study used the population of the National Private Foreign Exchange Bank in Indonesia, with a purposive sampling technique. The data used are secondary data taken from the Financial Services Authority website and the Infobank Research Bureau, with data collection methods using the documentation method and data analyzed using panel data and multiple linear regression. The results of this study indicate that CKPN, ALR, BOPO, IRR, GCG, ROA and ETA simultaneously have a significant effect on the Health Scores of National Foreign Exchange Private Banks in Indonesia. CKPN, ALR, GCG partially have insignificant negative influence, BOPO and ETA partially have insignificant positive influence, IRR partially has significant negative influence and ROA partially has a significant positive effect on the Health Score of Private Foreign Exchange National Banks in Indonesia. Keywords : Business Risk; Good Corporate Governance; Health Score ABSTRAKTujuan dari penelitian ini adalah untuk menentukan apakah CKPN, ALR, BOPO, IRR, GCG, ROA dan ETA memiliki pengaruh signifikan baik secara simultan atau sebagian terhadap Skor Kesehatan Bank Umum Swasta Nasional Devisa di Indonesia. Penelitian ini menggunakan populasi Bank Nasional Devisa Swasta di Indonesia, dengan teknik pengambilan sampel purposive sampling. Data yang digunakan adalah data sekunder yang diambil dari situs web Otoritas Jasa Keuangan dan Biro Riset Infobank, dengan metode pengumpulan data menggunakan metode dokumentasi dan data dianalisis menggunakan data panel serta regresi linier berganda. Hasil penelitian ini menunjukkan bahwa CKPN, ALR, BOPO, IRR, GCG, ROA dan ETA secara simultan memiliki pengaruh yang signifikan terhadap Skor Kesehatan Bank Umum Swasta Nasional Devisa di Indonesia. CKPN, BOPO, ALR, GCG dan ETA secara parsial memiliki pengaruh tidak signifikan, IRR secara parsial memiliki pengaruh negatif signifikan dan ROA secara parsial memiliki pengaruh positif signifikan terhadap Skor Kesehatan Bank Nasional Devisa Swasta di Indonesia. Kata kunci : Risiko Usaha; Good Corporate Governance; Skor Kesehatan

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