Adityaputra, Stephanus Andi (2017) Pengaruh Penerapan Corporate Governance Terhadap Kondisi Kesulitan Keuangan (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia). Ultima Accounting : Jurnal Ilmu Akuntansi, 9 (2). ISSN 2085-4595
Full text not available from this repository.Abstract
This study examined the effect ofthe implementation of corporate governance on the condition of the financial distress of manufacturing companies listed on the Indonesia Stock Exchange (IDX). The implementation of corporate governance proxied with the proportion of managerial ownership, proportion of institutional ownership, number of the boards of directors, proportion of independent commissioners, and existence of the audit committee. Samples used in this study was manufacturing companies listed on the Indonesia Stock Exchange (IDX) with 2012 up to 2016 as an observation period. The total study samples was 48 firms with 96 firm year are determined by the method of purposive sampling. This study used Logistic Regression to examine the effect of the implementation of corporate governance of the condition of the company's financial distress. The results of this study indicated that The number of the boards of directors and the proportion of independent commissioners variables were not proven to have significant influence on the condition of the company's financial distress. The proportion of managerial ownership, the proportion of institutional ownership, and the existence of the audit committee variables proved to have a significant influence on the condition of the company's financial distress with a positive influence
| Item Type: | Article |
|---|---|
| Keywords: | board of directors, independent commissioners, managerial ownership, institutional ownership, audit committee, financial distress, logistic regression |
| Subjects: | 300 Social Sciences > 330 Economics > 332 Financial Economics (Shares, Investment) 300 Social Sciences > 330 Economics > 332 Financial Economics (Shares, Investment) > 332.6 Investment |
| Divisions: | Faculty of Business > Accounting |
| Depositing User: | Administrator UMN Library |
| Date Deposited: | 13 Dec 2021 05:15 |
| Last Modified: | 01 Mar 2023 03:56 |
| URI: | https://kc.umn.ac.id/id/eprint/19527 |
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