The Effect of Corporate Governance on Financial Performance in Non-Financial LQ-45 Firms Listed on the Indonesian Stock Exchange from 2012 to 2017
Author | : Erika Jimena Arilyn |
Publisher | : |
Total Pages | : 7 |
Release | : 2019 |
ISBN-10 | : OCLC:1304199791 |
ISBN-13 | : |
Rating | : 4/5 (91 Downloads) |
Download or read book The Effect of Corporate Governance on Financial Performance in Non-Financial LQ-45 Firms Listed on the Indonesian Stock Exchange from 2012 to 2017 written by Erika Jimena Arilyn and published by . This book was released on 2019 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: Objective - This research is conducted in order to determine what factors in corporate governance affect the financial performance of a firm.Methodology/Technique - Financial performance, as the dependent variable, is measured by Return on Asset (ROA), while the independent variables (corporate governance) are measured using Board Independence, Board Size, Dividend, Firm Size, and Financial Leverage. The sampling method used in this research is purposive sampling. The requirements for the sample of this research are the non - financial firms included in LQ-45 from 2012 to 2017 that publish annual reports that are available to the public. The research method used in this paper is a quantitative method. Panel data analysis technique and E-views tools were also used.Findings - The results indicate that firm size and percentage of board independence has no effect on financial performance, while board size, dividends, and financial leverage all effect financial performance.Novelty - The study adds to the literature of corporate government and firm performance in emerging countries.Type of Paper - Empirical.