PENGARUH CORPORATE GOVERNNACE TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN BUMN (PERSERO) DI INDONESIA
Journal Title: AKRUAL: Jurnal Akuntansi - Year 2013, Vol 4, Issue 2
Abstract
Corporate sustainability is characterized by an increase in the value of the company is reflected in the achievement of profit targets. One of the obstacles faced in achieving this goal is the conflict of interest between management and shareholders. Corporate Governance is an effective mechanism to minimize agency conflicts, with emphasis on legal and ethical aspects to encourage the growth of the company's performance. The purpose of this study is to empirically examine the effect of corporate governance on financial performance. This research is a quantitative study using a dependent variable corporate governance that is proxied by the meeting's activities the board of commissioners, the number of board of directors, the proportion of independent board, as well as the number of audit committee. Financial performance as the dependent variable is measured using the cash flow rate of return on assets (CFROA). CFROA calculated from earnings before interest and taxes plus depreciation divided by total assets. The sample used in this study were 12 BUMN that publish their financial statements during the period 2007-2012. The results showed that the activity of the board of commissioners meeting and audit committee size has no effect on financial performance. While the size of the board of directors and board size are independent has effect on financial performance
Authors and Affiliations
Susi Handayani
Keywords
Related Articles
- EP ID EP352235
- DOI 10.26740/jaj.v4n2.p183-198
- Views 55
- Downloads 0
PERCEPTION OF LOCUS OF CONTROL, LEVEL OF EDUCATION, MACHIAVELLIANISM AND ETHICAL REASONING AGAINST AUDITOR BEHAVIOR IN AUDIT CONFLICT SITUATIONS
This study aims to examine individual factors such as locus of control (LOC), level of education, Machiavellianism and ethical reasoning that may influence the behavior of auditors in conflict situations. The survey was...
ANALISIS PENERAPAN PSAK – 102 MURABAHAH (STUDI KASUS PADA KSU BMT RAHMAT SYARIAH KEDIRI)
The purpose of this research is to find out whether the accounting practices which include the recognition, measurement, presentation and disclosure of the murabaha transactions applied to the BMT Rahmat Syariah in accor...
Pengaruh Total Quality Management Terhadap Kinerja Manajerial(studi empiris di Perusahaan Daerah Pasar Surya)
Total quality management is often used as measurement tool in assessing managerial performance. However, the results of several reseacrhshowed inconsistencies. This happens because not all companies are able to implement...
PENGARUH TRANSPARANSI DAN AKUNTABILITAS TERHADAP PENGUMPULAN DANA ZAKAT, INFAQ DAN SHODAQOH PADA LAZ DI SURABAYA
Potential acceptance of zakat in Indonesia is very large, considering Indonesia is a country with the largest Muslim population in the world. Potential new revenue forecast comes from the charity, not including potential...
PENGENDALIAN INTERN MERUPAKAN BAGIAN INTEGRAL ORGANIZATIONAL GOVERNANCE PADA PERGURUAN TINGGI NEGERI
Internal control form try activity for guarantee objective achievement and organization target. Internal Audit Financial (IAF) a certain integral share from effective governance process. Organizational governance can dic...