Analysis of Corporate Governance and Relative Efficiency of Public Companies Listed in Indonesian Stock Exchange


  • Olivia Liputri BINUS INTERNATIONAL alumni
  • Junius Tirok Faculty of BINUS BUSINESS SCHOOL


Corporate governance, data envelopment analysis, earnings management, Indonesian stock exchange.


This research aims to investigate the relationship between corporate governance and company’s relative efficiency. The research sample is 34 public companies listed in Indonesian Stock Exchange. A modified Jones (1991) model is used to detect the earnings management practice as a proxy to corporate governance. In regard with the efficiency score, this research employs Data Envelopment Analysis (DEA). This research find that the there is no significant relationship between corporate governance and its efficiency.



Abstract 230  .
PDF downloaded 497  .