Independent Board Of Commissioners Research Articles

THE EFFECT OF GCG MECHANISM AND CSR ON FINANCIAL PERFORMANCE

This study aims to determine and examine The Effect of independent commissioners, managerial ownership, audit committees, and corporate social responsibility on financial performance both partially and simultaneously (together) in Textile and Garment Sub Sector Companies listed on the Indonesia Stock Exchange Period 2017-2021. The data analysis technique in this research is descriptive and verification. Testing the hypothesis using a multiple linear regression analysis model. The study results show that some GCG components affect financial performance, and others do not. The independent board of commissioners and audit committee do not affect ROA. Managerial ownership and CSR affect ROA. Then the independent board of commissioners also does not affect EPS. Managerial ownership, audit committee, and CSR affect EPS. Together the independent board of commissioners, managerial ownership, audit committee, and, CSR affect ROA and EPS in textile and garment sub-sector companies for the 2017-2021 period.

ERP implementation and earnings management: The moderating effect of an independent board of commissioners

This research examines the moderating effect of the Independent Board of Commissioners on the relationship between implementing an enterprise resource planning system (ERP) and earnings management in non-financial companies in the Indonesia Stock Exchange. The earnings management variable is proxied through discretionary accruals, which refer to the calculation of the modified Jones model. This research used panel data from 85 companies from 2017 – 2020 to obtain a sample of 340. Employed the moderated regression analysis, the research finds that ERP implementation significantly influences the decline in earnings management. At the same time, the Independent Board of Commissioners can strengthen the relationship between the implementation of ERP systems and earnings management. This study contributes to expanding literature related to company information systems by providing evidence of the influence of ERP implementation on earnings management and how the Independent Board of Commissioner contributes to the relationship.

Pengaruh Good Corporate Governance dan Corporate Social Responsibility terhadap Nilai Perusahaan dengan Profitabilitas sebagai Variabel Intervening (Studi Empiris pada Perusahaan Industri Batu Bara yang terdaftar dalam Bursa Efek Indonesia (BEI) Periode 2019-2022)

This study aims to estimate the influence of Good Corporate Governance and Corporate Social Responsibility on Firm Value with Profitability as an intervening variable, by sampling from companies engaged in the coal industry listed on the Indonesia Stock Exchange during 2019-2022 using nonprobability sampling with purposive sampling techniques and data obtained through the official website (BEI) www.idx.co.id. The data analysis method used in this research is path analysis using E-views 10 and the data is confirmed to have passed classical assumptions. The results showed that partially the Independent Board of Commissioners and Corporate Social Responsibility had a positive and significant effect on Earning per Share, but the Audit Committee had no effect on Earning per Share. Then only the Independent Board of Commissioners has a positive and significant effect on Price to Book Value, while the Audit Committee, Corporate Social Responsibility, and Earning per Share do not affect Price to Book Value. And for the mediation results, it is found that Earning per Share fails to mediate the influence of the independent variables (Independent Board of Commissioners, Audit Committee, and Corporate Social Responsibility) on the dependent variable, namely firm value.

Pengaruh Good Corporate Governence dan Firm Size terhadap Pengungkapan Sustainability Report pada Perusahaan Sektor Energi yang Terdaftar di Bursa Efek Indonesia Periode 2020-2022

Companies or profit entities have the main goal of maximizing profits, but now this goal has shifted from how companies only want to get profits to how companies manage their social and environmental impacts. In Indonesia itself, not many companies disclose their sustainability reports. This research was conducted on energy sector companies listed on the Indonesia Stock Exchange for a 3-year period, namely 2020-2022. The sampling technique used was purposive sampling. The data analysis method used is multiple linear regression. Sustainability report disclosure in this study uses GRI Standards 2021. The independent board of commissioners and institutional ownership have no effect on the disclosure of the Sustainability report, then, the audit committee and firm size affect the disclosure of the Sustainability report. then simultaneously the independent board of commissioners, institutional ownership, audit committee, and Firm Size have a significant effect on the disclosure of the Sustainability report.

The Influence of the Board of Commissioners, Management Compensation, and Independent Commissioners on Tax Management

This research aims to analyze the relationship between the board of commissioners, management compensation, and independent commissioners and tax management in companies. The research method used is an associative method by collecting data from public companies listed on the stock exchange. Statistical analysis was carried out using simple linear regression techniques to evaluate the relationship between the variables studied. The research results show that management compensation has a significant relationship with tax management practices, while the board of commissioners and independent commissioners also have a significant influence. The implications of these findings are discussed in the context of corporate management and tax policy.

Potential of Tax Avoidance Based on Fraud Hexagon in Manufacturing Companies in BEI in Tax Avoidance Practice

This research aims to determine the influence of pressure, opportunity, rationalization, competence, arrogance and collusion on tax avoidance in manufacturing companies on the IDX in carrying out tax avoidance practices in 2021-2022. This research uses a quantitative descriptive method, with a total of 27 companies as a sample with 54 data used obtained through company annual reports. The results of this study show that the pressure variable proxied by ROA has an effect on tax avoidance, the opportunity variable proxied by the proportion of independent board of commissioners (BDOUT) has no effect on tax avoidance, the rationalization variable proxied by audit opinion has an effect on tax avoidance, the competency variable which is proxied with changes in directors having no effect on tax avoidance, the arrogance variable which is proxied by CEO narcissism has no effect on tax avoidance, the collusion variable which is proxied by political connections has an effect on tax avoidance.

The Influence of Good Corporate Governance and Profitability on Company Value on the Indonesian Stock Exchange

Rapid economic development requires companies to improve their performance to generate maximum profits and maintain survival. A company's main goal is to increase its value, which is attractive to investors, Managerial mistakes can lead to a decline in public trust, decreasing share values and company value. Good corporate governance (GCG) increases company value by encouraging clean, transparent, professional, and responsible management. The aims of this study are to examine the effect of good corporate governance represented by management ownership, independent board of commissioners, and profitability represented by return on asset (ROA) on firm value in the transportation and logistics company listed on the Indonesia Stock Exchange from 20212022. The analysis technique used in this research is multiple linear regression analysis. The population used in this study were all companies in the transportation and logistics company listed on the Indonesia Stock Exchange. The sample in this study were all companies that survived during the 2021 to 2022 consisting of 16 companies (that met the criteria. The sampling technique used in this study is the purposive sampling method. The results of this study indicate that (1) management ownership has a significant effect on firm value, (2) the independent board of commissioners has a significant effect on firm value. (3) return on assets has a significant effect on firm value. Keywords: firm value, good corporate governance, independent board of commissioners, management ownership, return on assets.

PENGARUH GOOD CORPORATE GOVERNANCE DAN KEPEMILIKAN SAHAM PUBLIK TERHADAP TINGKAT PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY

Companies prioritize CSR out of awareness of social and environmental impacts, as well as to meet societal expectations, reduce reputational risks, and strengthen relationships with stakeholders. However, decisions related to CSR can be influenced by public share ownership, because public shareholders have different preferences from institutional or majority shareholders. This research aims to determine the influence of GCG practices and public share ownership on CSR disclosure. The research method used is quantitative using a survey approach. Data collection was carried out through purposive sampling, from 82 mining companies listed on the Indonesia Stock Exchange in 2021 and 2022, 76 companies were sampled. Multiple linear regression tests and simple linear regression tests are used as data analysis methods. Linear regression analysis shows that there is a positive and significant influence of audit committee size and ownership on all types of CSR, while the composition of public ownership has a significant negative influence. The composition of the independent board of commissioners and institutional ownership do not have a significant effect. These results indicate the need to consider GCG structure and share ownership in an effort to increase Corporate Social Responsibility disclosure.

PENGARUH IMPLEMENTASI MEKANISME TATA KELOLA PERUSAHAAN TERHADAP PROFITABILITAS DENGAN KEPEMILIKAN PEMERINTAH SEBAGAI VARIABEL MODERATING PERUSAHAAN BUMN YANG TERDAFTAR DI BEI TAHUN 2019-2022

This research was written with the aim of determining the size of the board of commissioners, independent commissioners, and audit committee on profitability with government ownership as a moderating variable for state-owned enterprises in 2019-2022. This type of research is a causal study that is cause and effect. The type of data used in this study is quantitative data in the form of data on the size of the board of commissioners, independent commissioners, audit committee, government ownership, and profitability. The data source in this study is financial reports found on the Indonesia Stock Exchange (IDX) for 2019-2022 for a period of 4 years. The population in this study is state-owned enterprises listed on the IDX. The sample in this study is 26 companies. The sampling technique used in this study is non-probability sampling. The results of this study show that the size of the board of commissioners, independent commissioners, and audit committee have a positive effect on profitability. Meanwhile, government ownership successfully moderates (strengthens) the influence of the size of the board of commissioners and independent commissioners on profitability. However, government ownership does not successfully weaken the influence of the audit committee on profitability.

Apakah Dewan Komisaris Independen Mempunyai Peran Sebagai Variable Moderasi atas Related Party Transaction, Struktur Modal dan Ukuran Perusahaan terhadap Nilai Perusahaan?

The aim of this study is to investigate the effects of related party transactions and overall business value on capital structure, company size, and an independent board of commissioners. The manufacturing businesses in the food and beverage subsector that were listed on the Indonesia Stock Exchange between 2017 and 2021 are the focus of this study. The research sample consisted of 60 data points from 12 firms that fulfilled predefined parameters, chosen through the use of purposeful sampling. This study employs a quantitative methodology, with Eviews software serving as the analysis tool. The study's findings demonstrate that the value of a firm is not significantly impacted by transactions involving related parties. On the other hand, a company's value is greatly influenced by its size and capital structure. The independent board of commissioners does not lessen the effect that capital structure and related party transactions have on the value of the company. Nonetheless, the effect of a company's size on its value might be lessened by an impartial board of commissioners. The following policies can be implemented by the business world based on the consequences of the research: First, the business sector needs an optimal capital structure, which includes using debt with suitable limits, in order to draw investors and build company value. In addition, using debt might lessen the tax liability of the business. Secondly, in order to draw in investors, big businesses need to manage their assets well.

The Influence of Corporate Governance, Leverage and Environmental Performance on Firm Value (Case Study of Plantation Subsector Companies Listed on the Indonesia Stock Exchange 2014-2022)

The decline in company value amidst high demand for domestic palm oil is interesting to study. The research was conducted to determine the influence of the Independent Board of Commissioners, Managerial Ownership, Audit Committee, Leverage and Environmental Performance on Company Value as measured by Tobins'q with Company Size as a control variable. The object of the research is the agricultural plantation subsector listed on the Indonesia Stock Exchange (BEI) in 2014-2022. This research uses secondary data obtained from the IDX and company websites. Determining the sample using purposive sampling found 16 companies. Data analysis uses panel data regression using the Eviews 12 analysis tool. The research results partially show the influence of Managerial Ownership on Company Value. The Independent Board of Commissioners and Audit Committee do not influence Company Value. New findings on the Environmental Performance and Leverage variables have a negative effect on Company Value. Independent variables simultaneously influence Company Value.

PENGARUH PROPORSI DEWAN KOMISARIS WANITA, PROPORSI DEWAN KOMISARIS INDEPENDEN, DAN STRUKTUR KEPEMILIKAN ASING TERHADAP KINERJA PERUSAHAAN PADA SEKTOR TRANSPORTASI DAN LOGISTIK YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2020

This study aims to examine the effects of the variables of the proportion of female board of commissioners, the proportion of independent board of commissioners, and foreign ownership structure on the company performance, proxied by return on assets (ROA), of transportation and logistics companies listed on the Indonesia Stock Exchange in 2020. The research adopts a quantitative approach and utilizes annual financial data obtained from the official websites of the companies and IDX. Data collection is conducted through documentation study and literature review. All collected data are processed using SPSS 26. The results of this study demonstrate that the variables of the proportion of female board of commissioners, the proportion of independent board of commissioners, and foreign ownership structure collectively have a significant impact on the financial performance of the companies, proxied by return on assets (ROA). Specifically, the variable of the proportion of independent board of commissioners has a positive and significant influence on the financial performance of the companies. However, the variables of the proportion of female board of commissioners and foreign ownership structure do not show evidence of their impact on the company's performance.  

Good corporate governance improves banking financial performance

This study aims to determine (1) the effect of Institutional Ownership on the Financial Performance of Go Public Banks listed on the IDX, (2) the influence of the Independent Board of Commissioners on the Financial Performance of Go Public Banks listed on the IDX, (3) the influence of the Audit Committee on the Financial Performance of Go Public Banks listed on the IDX. The population of this study is all public banks listed on the Indonesia Stock Exchange for the 2018-2022 period, totaling 43 banks. Sample selection through purposive sampling method. There were 27 banking companies that met the criteria as a research sample so that the research data amounted to 135. The data analysis technique used is descriptive statistics. The results of this study show that Institutional Ownership has a positive and significant effect on Banking Financial Performance. The Board of Independent Commissioners has an insignificant positive effect on the Financial Performance of the Banks. The Audit Committee has an insignificant positive effect on Banking Financial Performance

PENGARUH CORPORATE GOVERNANCE TERHADAP MANAJEMEN LABA PADA PERUSAHAAN PERTAMBANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

This research aims to examine the influence of managerial ownership, institutional ownership, composition of the independent board of commissioners, audit committee and audit quality on earnings management of mining companies listed on the Indonesian Stock Exchange in 2017-2021. Type of quantitative research. The data source is in the form of company financial reports obtained from the website. The data analysis technique uses multiple linear regression analysis. The research results show that institutional ownership and audit committees have no effect on earnings management, while managerial ownership, independent board of commissioners and audit quality have no effect on company earnings management.

Do Financial Performance and Corporate Governance Effect on Firm Value: Evidence from Manufacturing Sector

This study attempts to investigate, either partially or simultaneously, the effects of Financial Performance as determined by Profitability, Solvency, liquidity well, and Good Corporate Governance, as decided by the Audit Committee on Firm Value and the Independent Board of Commissioners. The study approach is quantitative and makes use of secondary data-manufacturing firms registered on the Indonesia Stock Exchange. The population in this study is made up of 143 manufacturing firms. In the interim, the sample for this study was chosen through the technique of purposeful sampling. The analysis method used is multiple linear regression analysis. The Kolmogrof-Smirnof test, multicollinearity test, heteroscedasticity test, t-test, and coefficient of determination test were all employed in this investigation. The study's findings demonstrate that the factors Independent Board of Commissioners, Profitability, Solvency, Liquidity, and Audit Committee each partially positively impact firm value. Managerial implications related to the influence of financial performance and good corporate governance are increased focus on financial performance, increased transparency and disclosure of information, implementation of good corporate governance practices, and risk and compliance management. The valuation of the firm is key in the transfer of business decisions, such as mergers, acquisitions, and stock offerings.

Analysis Of The Influence Of Public Ownership, Number Of Independent Board Of Commissioners And Company Size On Corporate Reporting Timeliness Of Banking Industries In Indonesia

The purpose of this study is to examine how the quantity of independent boards of commissioners, public ownership, firm size, and listing age affect the promptness of corporate online reporting. Quantitative techniques are used in this study. Banking companies listed on the IDX that meet the established criteria comprise the sample, whereas banking companies registered on the IDX make up the population in this study. Purposive sampling was the method of sampling that was applied. Data for this study were gathered through a variety of techniques, including observation, literature review, and documentation study. This study's data analysis approach makes use of quantitative analysis methods like logical regression analysis and descriptive statistical analysis. It is clear from the analysis and discussion that public ownership has little bearing on how quickly corporations report on the internet. The promptness of corporate online reporting is influenced by the size of the company. There is no relationship between listing age and the promptness of corporate online reporting. The promptness of corporate online reporting is unaffected by the number of independent commissioners.

Effects of Intellectual Capital Disclosure, Return on Assets, on Firm Value, and Independent Board of Commissioner in Banking Sector: Agency Theory Perspective

Objective: The purpose of this research is to test and analyze the influence of disclosure of intellectual capital, Return on Assets on firm value and the independent board of commissioners in moderating the influence of disclosure of intellectual capital, Return on Assets on firm value in Indonesia Banking Sector.   Method: The data used in this research is secondary data from conventional banking listed on the Indonesian Stock Exchange in 2018-2022. In the relationship analysis among the variables, SPSS is the main program to use, and Moderating Regression Analysis was used to analyze this research.   Results: We found that Intellectual Capital Disclosure has an influence on firm value, while Return on Assets has a positive influence on firm value. Furthermore, the independent board of commissioners can moderate the relationship between Return on Assets and firm value, while the independent board of commissioners can moderate the relationship between intellectual capital disclosure and firm value also.   Conclusion: In a knowledge-based economy, intellectual capital is a regarded as an important source advantage. The disclosure of intellectual capital information made by a company is useful information for investors in deciding to invest in addition to other factors such as return on assets. So, these two factors can increase the company's value. Apart from that, the existence of an independent board of commissioners in carrying out its function as supervisor of the company's operational activities has been able to encourage management to disclose information that is useful for investors in deciding to invest.

Factors Affecting Stock Returns with Corporate Social Responsibility as a Moderating Variable in Real Estate Property and Building Construction Companies Listed on the Indonesian Stock Exchange

This research aims to determine and analyze the influence of Return on Assets, cash flow from funding activities, the age of company, leverage, and the proportion of independent board of commissioners simultaneously and partially on stock returns in Property, Real Estate, and Building Construction companies listed on the Indonesia Stock Exchange. CSR Disclosure as a moderating variable strengthens or weakens the relationship between Return on Assets, Cash Flow from funding activities, Leverage, the company age, and the proportion of independent board of commissioners with stock returns in Property, Real Estate, and Building Construction companies listed on the Indonesia Stock Exchange. The population of this research is 51 Property, Real Estate, and Building Construction companies listed on the Indonesia Stock Exchange from 2018 - 2022. The sample was selected using purposive sampling, totaling 35 companies with 155 analysis units. Data were processed using a panel data regression as the analysis model for the first hypothesis and residual testing for moderating variables using STATA. The results of this research prove the first hypothesis that simultaneous and partial return on assets, cash flow from funding activities, the age of company leverage, and the proportion of independent boards of commissioners have a significant effect on stock returns. The results of the moderation test research state that CSR Disclosure does not moderate the relationship between return on assets, cash flow from funding activities, leverage, the company age, and the proportion of independent board of commissioners with stock returns Keywords: return on assets, cash flow from funding activities, leverage, the company age and proportion of board of commissioners, CSR disclosure, and stock returns.

The Effect of Good Corporate Governance on The Financial Performance of Banks Listed on The Indonesia Stock Exchange

The purpose of this study is to obtain empirical evidence of the, Managerial's Ownership, Institutional Ownership, independent board of commissioners, board of directors, and audit committee on the Banking Company firm's performance listed on the Indonesia Stock Exchange. The sampling technique used purposive sampling, the research samples obtained totaled 6 companies with a research period from 2018-2022 so that there were 30 units of analysis. The research design was quantitative descriptive. The analysis technique in this research is multiple regression analysis method. The results showed that Managerial's Ownership and Audit Committee has a significant positive effect, Institutional Ownership, independent board of commissioners, board of directors has no effect on firm's perfromance. The implication of this research is that companies must pay attention to that Managerial's Ownership and Audit Committee and those that can affect profitabilty so that company performance can increase.

PENGARUH LEVERAGE, PROFITABILITY DAN INDEPENDENT BOARD OF COMMISSIONERS TERHADAP MANAJEMEN LABA

The purpose of this research is to know the effects of leverage, profitability and independent board of commissioners on earnings management in mining, transportation, infrastructure, utilities, and agricultural industry listed on the Indonesia Stock Exchange during 2017-2020. This research using 18 kinds of sample on mining, transportation, infrastructure, utilities, and agricultural industry with 4 years period. Sample was process by Eviews 12.0 and Microsoft Excel with selected sampling by using purposive sampling method. The results of this study show that leverage and profitability have a significant effect on earnings management and independent board of commissioners does not have a significant affect earnings management on mining, transportation, infrastructure, utilities, and agricultural industry. This research can useful for company and investor for analyzing factors that influence earnings management.