Impact of Corporate Governance Characteristics on Corporate Performance
Pages : 33-44, DOI: https://doi.org/10.14741/ijcet/v.9.1.5
Download PDF
Abstract
The objectives of this study are To investigate the relationship between board size and corporate performance, To investigate the relationship between independent board of commissioners and corporate performance, To investigate the relationship between board meeting frequency and corporate performance, To investigate the relationship between audit committee size and corporate performance, To investigate the relationship between independent audit committee and corporate performance, To investigate the relationship between audit committee meeting frequency and corporate performance, To investigate the relationship between managerial ownership and corporate performance. Sample in this research is manufacturing companies listed in BEI for period 2008-2012. Technique data used is regression analysis with classic assumption. From the discussion and data analysis, the conclusion in this research are: There is positive relationship between board size and corporate performance. So the higher board size, it means the better monitoring and will make the better corporate performance. There is no relationship between independent board of commissioners and corporate performance. There is positive relationship between board meeting frequency and corporate performance. There is no relationship between audit committee size and corporate performance. There is no relationship between independent audit committee and corporate performance. There is no relationship between audit committee meeting frequency and corporate performance. There is positive relationship between managerial ownership and corporate performance.
Keywords: Board size, independent board of commissioners, board meeting frequency, audit committee size, independent audit committee, audit committee meeting frequency, managerial ownership, corporate performance.
Article published in International Journal of Current Engineering and Technology, Vol.9, No.1 (Jan/Feb 2019)