ANALISIS PENGARUH KUALITAS GOVERNANCE TERHADAP KINERJA PERUSAHAAN KEUANGAN DI INDONESIA YANG TERDAFTAR DI BURSA EFEK INDONESIA

ANDUANITA, LAILAM SARE TISARA (2011) ANALISIS PENGARUH KUALITAS GOVERNANCE TERHADAP KINERJA PERUSAHAAN KEUANGAN DI INDONESIA YANG TERDAFTAR DI BURSA EFEK INDONESIA. Other thesis, Universitas Sebelas Maret.

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    Abstract

    This study aims to examine the effect of quality of governance on the performance of financial companies in Indonesia. In this study also tested the effect of insider ownership and capital structure on the performance of financial companies that have the quality of governance. The research is quantitative research using secondary data in the observation period 2001 - 2008. The population used in this study covers all financial companies are registered and qualified in the Corporate Governance Perception Index and listed on the Indonesia Stock Exchange. With purposive sampling method, sample selected financial companies listed in Indonesia Stock Exchange that comes into the group of top ten best companies in the rating of the application of corporate governance rating score CGPI (Corporate Governance Perception Index) and obtained 30 samples of the company. The quality of governance proxy variables used in this study is the rating score CGPI (GOV-I), insider ownership (BOWN), and capital structure (DER) using control variables tangible assets (TANG), the average company growth rate (GROWTH ), the size of the company and the company's market risk (BETA). These variables correlated with market performance variables are proxies TOBINS'Q companies and operational performance of the proxy firm ROA by using linear regression analysis were tested through SPSS 13:00. The results of this study found that: (1) variable quality of governance as represented proxy GOV-I do not have a significant effect on market performance of financial firms, (2) variable quality of governance as represented proxy GOV-I has a significant negative impact on the operational performance of financial firms , (3) insider ownership variable has no significant influence on market performance of financial companies (4) insider ownership variable has no significant influence on the operational performance of financial companies (5) capital structure variables have a significant positive effect on market performance of financial firms (6 ) variable capital structure has a significant negative impact on the operational performance of financial companies. Key words: quality of governance (GOV-I), insider ownership (BOWN), capital structure (DER), TANG, GROWTH, SIZE, BETA, market performance (TOBINS'Q), operating performance (ROA)

    Item Type: Thesis (Other)
    Subjects: H Social Sciences > HB Economic Theory
    Divisions: Fakultas Ekonomi
    Fakultas Ekonomi > Manajemen
    Depositing User: Users 862 not found.
    Date Deposited: 18 Jul 2013 17:59
    Last Modified: 18 Jul 2013 17:59
    URI: https://eprints.uns.ac.id/id/eprint/5341

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