Corporate Governance, Firm Performance and Capital Structure: Evidence F rom Indonesia
| Main Authors: | CHABACHIB, Mochammad, IRAWAN, Bahrain Pasha, HERSUGONDO, Hersugondo, HIDAYAT, Riskin, PAMUNGKAS, Imang Dapit |
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| Format: | Article PeerReviewed application/pdf |
| Bahasa: | eng |
| Terbitan: |
Sciedu Press
, 2020
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| Subjects: | |
| Online Access: |
https://eprints2.undip.ac.id/id/eprint/2167/1/17380-60157-1-SM.pdf https://eprints2.undip.ac.id/id/eprint/2167/ |
Daftar Isi:
- This study aims to examine the good corporate governance which is proxied with managerial ownership, the proportion of independent board of commissioners, the size of the board of directors and institutional ownership of corporate performance through c apital structure. The sample is a non financial corporation listed on the Indonesia Stock Exchange in 2018 and obtained the number of samples as many as 120. The analysis tool uses a path analysis. The results show that managerial ownership, the proportion of board of commissioners, and the size of the board of directors have a significant positive effect on the company performance. Meanwhile, an institutional ownership has a significant negative effect on the company performance. The result also finds that capital structure can mediate the effect of managerial ownership, the proportion of independent board of commissioners and the size of the board of directors on the company performance company. However, it cannot mediate the influence of institutional own ership on the company performance.