PENGARUH STRUKTUR CORPORATE GOVERNANCE TERHADAP FINANCIAL DISTRESS

Main Authors: SAHARA, Kartika Windi, SYAFRUDDIN, Muchamad
Format: Thesis NonPeerReviewed application/pdf
Terbitan: , 2016
Subjects:
Online Access: http://eprints.undip.ac.id/48976/1/11_SAHARA.pdf
http://eprints.undip.ac.id/48976/
Daftar Isi:
  • The purpose of this study is to examine the influence of corporate governance stuctures like commissioners board independence, blockholder ownership, director ownership, and the number of audit committee meetings on financial distress. The population in this study is an entire company (non-financial) listed in the Indonesia Stock Exchange in year 2011-2013. Sampling method used is purposive sampling. Based on purposive sampling method, samples obtained is 22 companies in the period 2011-2013 so obtain 66 observations. The Criteria of financial distress in this study is a company that has a negative net income for three years in a row. The data were analyzed using multiple regression model. The empirical result of this study show that blockholder ownership, and the number of audit committee meetings have negatively significant influenced on financial distress while commissioners board independence and director ownership has no significant influence on financial distress.