Corporate Governance, State Ownership and Firm Performance

Corporate Governance, State Ownership and Firm Performance
Author :
Publisher :
Total Pages : 7
Release :
ISBN-10 : OCLC:1304409121
ISBN-13 :
Rating : 4/5 (21 Downloads)

Book Synopsis Corporate Governance, State Ownership and Firm Performance by :

Download or read book Corporate Governance, State Ownership and Firm Performance written by and published by . This book was released on 2018 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: Objective - The purpose of this research is to determine the effect of good corporate governance (GCG) on Indonesia's SOEs and the influence of state ownership on company performance.Methodology/Technique - This study examines State Owned Enterprises in Indonesia that were listed on the Indonesia Stock Exchange between 2011 and 2015.Findings - The empirical results show that GCG and state ownership both have a positive influence on the company's financial performance (in this case, Return On Assets). However, the percentage of state ownership has a negative effect on the relationship between Good Corporate Governance and Return On Assets.Novelty - One agency cost is monitoring expenditure by the principal. Privatization is one way to improve the performance of SOEs. Privatization is believed to improve the performance of SOEs, as a result of increased supervision of the performance of SOEs in Indonesia.


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