PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP FIRM PERFORMANCE PADA PERUSAHAAN INDUSTRI MANUFAKTUR YANG TERCATAT DI BURSA EFEK INDONESIA PERIODE 2011-2015
| Main Authors: | Uirianto, Henri Onesimus, Marciano, Deddy, Utami, Mudji |
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| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
Perpustakaan Universitas Surabaya
, 2018
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| Subjects: | |
| Online Access: |
https://journal.ubaya.ac.id/index.php/jimus/article/view/3454 https://journal.ubaya.ac.id/index.php/jimus/article/view/3454/2583 |
Daftar Isi:
- Abstract - This research aims to find out the influence of implementation of good corporate governance to firm performance in industrial manufacturing company in Indonesia Stock Exchange (IDX ) period 2011-2015. In this research samples there are 103 industrial manufacturing company which is listed in IDX period 2011-2015. Dependent variable in this research of firm performance measured by accounting based, i.e ROA & ROE and marketbased that is Tobin’s Q. While the independent variable is corporate governance mechanism; board size director, board size commissioner, board of independent commissioner, managerial ownership, ownership concentration and audit quality. Firm size and leverage are used for it’s control variable. The test on hypotheses using multiple linear regression analysis. The results of this study indicates that there is a significant influence between board size commissioner, managerial ownerhip, ownership concentration and audit quality onto ROA. Furthermore, this study shows that there is a significant influence between board size commissioner, board of independent commissioner and audit quality onto ROE. Based on Tobin’s Q, there is only board size director, board of independent commissioner and audit quality which has a significant effect. The firm size and leverage control variable are also shown a significant effect on ROA and ROE.