PENGARUH MEKANISME CORPORATE GOVERNANCE TERHADAP KUALITAS LABA DAN NILAI PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA
Daftar Isi:
- This research had the purpose to know the effect of corporate governance mechanism on the profit quality and the corporate value. Corporate governance mechanism was measured by using 4 variables (independent commissioner board, managerial ownership, institutional ownership and audit committee), profit quality was measured by discretional accrual and corporate value in this research was measured by Tobin's Q value. Data gathering used the purposive sampling method on the manufacturing companies listed in the Indonesian Stock Exchange in 2006 to 2010. As many a} 90 manufacturing companies were used as samples. The analysis method of this research used the multiple-regression. Based on the testing results it was found that the corporate governance measurement variables affecting profit quality and corporate value were managerial ownership, institutional ownership and audit committee. These meant that the corporate governance mechanism as the supervision function on management was very effective in improving profit quality and corporate value. While, the independent commissioner board variable had no effect on profit quality and corporate value.