Analisis Pengaruh Penerapan Good Corporate Governance terhadap Kinerja Perusahaan
DOI:
https://doi.org/10.21512/bbr.v3i1.1290Keywords:
corporate governance, Tobin’s Q, ROE, corporate performanceAbstract
This study describes the relationship between corporate governance with corporate performance and learns about the development and implementation of GCG in Indonesia. This study uses regression analysis to determine whether corporate governance has a positive influence. Sampling of Corporate Governance Perception Index (CGPI) for 2006 to 2009 from The Indonesian Institute for Corporate Governance (IICG) was used to measure the influence of corporate governance with Tobin’s Q on the performance of the enterprise market and Return On Equity (ROE) was used to measure the operational performance of the company. This study used a sample of 40 companies surveyed by IICG from 2006 to 2009 and included in the top 10 corporate governance ranking index released by IICG and the companies’ financial reporting are also listed on the BEI (Bursa Efek Indonesia) as well. The sampling method is purposive sampling. The result of this study indicate that there is no significant relationship between corporate governance with Tobin’s Q (market performance) but there is a significant positive relationship between corporate governance with ROE (operational performance).
Plum Analytics
References
Khomsiyah, D. D. (2002). Hubungan corporate governance dan kinerja perusahaan. Jakarta:
Universitas Trisakti.
Klapper, L. F., & Love, I. (2002). Corporate governance, investor protection, and performance in
emerging markets. World Bank Working Paper.
KNKCG. 2001. Pedoman Good Corporate Governance ref. 4.0.
Mintara, Y. H. (2008). Pengaruh implementasi corporate governance terhadap pengungkapan
informasi. Yogyakarta: Universitas Islam Indonesia.
Monks, R. A. G., & Minow, N. (2003). Corporate governance. New Jersey: Blackwell.
Organization of Economic Co-operation and Development (OECD). (1999). Principles of Corporate
Governance. OECD.
Sabrinna, A. I. (2010). Pengaruh corporate governance dan struktur kepemilikan terhadap kinerja
perusahaan. Semarang: Fakultas Ekonomi, Universitas Diponegoro.
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:
a. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License - Share Alike that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
b. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
c. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
USER RIGHTS
All articles published Open Access will be immediately and permanently free for everyone to read and download. We are continuously working with our author communities to select the best choice of license options, currently being defined for this journal as follows: Creative Commons Attribution-Share Alike (CC BY-SA)
