Independent Board Of Commissioners Research Articles

The Role Of Corporate Social Responsibility And Good Corporate Governance In Enhancing Financial Performance

This research aims to analyze the role of corporate social responsibility (CSR) disclosure and good corporate governance (GCG) in enhancing financial performance. This research model was tested using a sample from all mining sector companies listed on the Indonesia Stock Exchange during the period 2020-2022. The data analysis employed multiple linear regression and Generalized Least Square (GLS) methods to identify independent variables influencing the dependent variable in detecting indirect effects through financial performance proxied by ROA, EPS, and Tobin’s Q. The results of the study indicate that CSR has a positive effect on ROA, a negative effect on EPS, and no significant effect on Tobin’s Q. GCG proxied by independent board of commissioners, has a positive effect on ROA and Tobin’s Q. Audit committee has a positive effect on ROA and a negative effect on EPS and Tobin’s Q. Board of directors has a positive effect on EPS and Tobin’s Q but no significant effect on ROA.

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.

Pengaruh Good Corporate Governance (GCG) dan Corporate Social Responsibility (CSR) terhadap Nilai Perusahaan dengan Profitabilitas sebagai Variabel Moderasi

This research aims to evaluate the influence of Good Corporate Governance (GCG) and CSR on Company Value, with Profitability as a moderating variable. Quantitative methodology is used with data on shares of state-owned companies on the Indonesian Stock Exchange in the 2017-2021 period. Research participants involved shares of state-owned companies, and data was collected from the Indonesia Stock Exchange website, and analyzed using smart PLS4 software. The research results show that profitability has a moderating effect on managerial ownership, independent board of commissioners, and CSR on company value. The conclusion is that the management of BUMN subsidiary companies can take further steps to maximize the use of managerial ownership, strengthen the role of the independent board of commissioners, and develop corporate social responsibility (CSR). This becomes more important in facing rapid developments in science, information technology and increasingly fierce global business competition. This research is original with a focus on the correlation between GCG, CSR and company value, considering profitability as a moderating variable. Keywords: CSR, GCG, Company Value, SEM

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.

The Effect of Return on Equity And Capital Intensity on Tax Avoidance with Corporate Governance as a Moderating Variable

This study examines the effect of Return on Equity, Capital Intensity on Tax Avoidance with Corporate Governance (proportion of independent board of commissioners) as a moderation variable. Using the Purposive Sampling method, as many as 7 selected companies met the sample selection criteria from a total of 24 agricultural sector companies listed on the Indonesia Stock Exchange during 2017 – 2021 so that the total sample was 35 samples. Using multiple linear regression analysis, the results showed that Return on Equity has a significant negative effect on Tax Avoidance, Capital Intensity has a significant positive effect on Tax Avoidance. In contrast to the existence of Corporate Governance as a moderation variable, Corporate Governance (the proportion of independent board of commissioners) actually has a positive but not significant effect on the relationship of Return on Equity to Tax Avoidance. In addition, Corporate Governance actually has a significant negative influence on the relationship of capital intensity to Tax Avoidance

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.

The Effect Of Good Corporate Governance, Leverage, And Company Size On Tax Avoidance

This study aims to examine the effect of institutional ownership, independent board of commissioners, audit committee, leverage, and company size on tax avoidance. The population used in this researcher is property and real estate companies on the Indonesia Stock Exchange for the 2018-2021 period. The sample in this study was 44 companies using purposive sampling. The data analysis method in this study used multiple linear regression analysis using SPSS Version 26. The results showed that institutional ownership had a significant positive effect on tax avoidance, the independent board of commissioners had a significant negative effect on tax avoidance, the audit committee had a significant negative effect on tax avoidance, leverage had a significant positive effect on tax avoidance, and the size of the company had a significant negative effect on tax avoidance.tax avoidance. Keywords: Institutional Ownership, Independent Board of Commissioners, Audit Committee, Leverage and Company Size

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.

ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI MANAJEMEN LABA PADA PERUSAHAAN MANUFAKTUR

This study was conducted to determine the effect of independent commissioners, firm size, leverage, and profitability on earnings management. The population of this study are manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the period 2018 – 2020. The sample was taken using the purposive sampling method and 162 samples were selected from 54 companies during the period 2018 – 2020. The study used a fixed effect regression model approach. Data processing using Eviews version 12. This study found that the independent board of commissioners had no significant effect on earnings management, firm size had a significant effect on earnings management, leverage had a significant effect on earnings management, and profitability had a significant effect on earnings management.

CORPORATE GOVERNANCE AND OTHER FACTORS ON FIRM VALUE

The purpose of this research was to obtain empirical evidence about the effect of the board of directors, board of commissioner, commissioner independent, institutional ownership, managerial ownership, public ownership, family ownership, firm size, and profitability as independent variables to firm value as a dependent variable. The population in this research using non-financial companies that were listed in Indonesia Stock Exchange (IDX) from 2019-2021. The sample used for this research consists of 73 listed non-financial companies. The selection of this sample used the purposive sampling method with a total of 217 research data and the data analysis method in this research used multiple regression analysis. The result of this research indicated that the board of director, independent commissioner, and profitability have a positive effect on firm value. The board of commissioner and firm size have a negative effect on firm value while institutional ownership, managerial ownership, public ownership, and family ownership have not affected firm value

Good Corporate Governance and Corporate Values with Profitability as a Moderating Variable in Manufacturing Companies Listed on The Indonesia Stock Exchange for the 2012-2021 Period


 
 
 
 Abstract
 This study aims to examine the effect of managerial ownership, institutional ownership, independent board of commissioners, audit committee on firm value with profitability as a moderating variable in manufacturing companies listed on the IDX for the 2012 – 2021 period. The population in this study consisted of 193 manufacturing companies on the IDX for the 2012-2021 period which were selected based on certain criteria using purposive sampling. The research sample consisted of 17 companies, with an observation period of 10 years, so the research sample consisted of 275 samples. The data analysis used was panel data regression, and moderate regression analysis (MRA) was processed using the STATA 17 program. The partial test results prove that managerial ownership has no effect on firm value with a significance value of 0.960 > 0.05, institutional ownership has no effect on firm value with a significance value of 0.718 > 0.05, independent commissioners have an effect on firm value with a significance value of 0.000 <0.05. and the audit committee has no effect on firm value with a significance value of 0.372 > 0.05. Profitability can moderate the relationship between managerial ownership and firm value with a significance value of 0.017 <0.05. Profitability can moderate the relationship between institutional ownership and firm value with a significance value of 0.016 <0.05. Profitability can moderate the relationship between the independent board of commissioners and firm value with a significance value of 0.000<0.05. Profitability cannot moderate the relationship between the audit committee and firm value with a significance value of 0.057 > 0.05. The results of testing the coefficient of determination (Adjusted R-square) shows that the percentage of the independent variable on the dependent variable is 17.43% or it can be interpreted that the independent variable used in the model is able to explain 17.43% of the dependent variable while the rest is influenced by variables outside models.
 
 
 

The Effect of Asymmetric Information, Board of Commissioners Size, and Independent Board of Commissioners, on Earnings Management with Managerial Ownership as a Moderating Variable

The tendency of company’s always wants to maximize their profits, which makes earnings management practice often carried out by management. This research aims to examine and get empirical evidence related to the effect of asymmetric information, board of commissioner size, and independent board of commissioners on earnings management with the ownership of the managers as a moderating variable. This research has been carried out on real estate and real estate related companies listed on the Indonesian Stock Exchange in 2020-2022. Data type is secondary data in the form of audited accounts. Structural Equation Modeling-Partial Least Square (SEM-PLS) is the data analysis method used. The findings indicated that asymmetric information, board of commissioner size and independent board of commissioners had no effect on earnings management. However, after managerial ownership becomes a moderating variable, independent board of commissioners has an effect on earnings management.

Corporate Governance and CSR Disclosure: Earnings Management as Moderating Variable

The purpose of this study is to examine the moderating influence of earnings management on CSR disclosure as it relates to corporate governance. From 2014 to 2018, firms in the mining sector that were listed on the Indonesia Stock Exchange were the subject of this study. In order to check for consistency in the outcomes, this study additionally employs two control variables. Theories are developed using prior research, agency theory, and legitimacy theory. Of the 110 companies in the population, 22 were chosen as the study's sample. Purposive sampling with moderated regression analysis (MRA) was the strategy used. According to the regression analysis, managerial ownership has a negative impact on CSR disclosure, while institutional ownership and the board of directors have a positive effect. On the other hand, CSR disclosure is unaffected by the audit committee and independent board of commissioners. The relationship between CSR disclosure and corporate governance cannot be mediated by earnings management.

PENGARUH TRANSFER PRICING, DEWAN KOMISARIS INDEPENDEN DAN KEPEMILIKAN ASING TERHADAP TAX AVOIDANCE (STUDI EMPIRIS PADA PERUSAHAAN INDUSTRI BARANG KONSUMSI PRIMER YANG TERDAFTAR DI BEI PERIODE 2018-2022)

The aim of this research is to determine or test the influence of Transfer Pricing, Independent Board of Commissioners and Foreign Ownership on Tax Avoidance in primary consumer goods sector companies listed on the Indonesia Stock Exchange (BEI). The population of this research is all primary consumer goods industry companies listed on the Indonesia Stock Exchange during the period 2018 to 2022. The sample for this research was obtained using a purposive sampling method, where only 86 manufacturing companies listed on the Indonesia Stock Exchange met the criteria, so that 7 data were obtained. which was used as a research sample. The data source in this research was obtained from the Indonesian Stock Exchange website. This research uses a multiple regression model to test the influence of each variable on tax avoidance. From this research the results show that Transfer Pricing, Independent Board of Commissioners and Foreign Ownership have an influence on Tax avoidance.

The Board of Commissioners Moderates Cash Holding and Profitability on Earnings Management

One of the parameters that isused as a reference for investors and shareholders in making financial decisions is profit information in the company's financial reports. The assumption that companies with stable profits reflect optimal performance and have low investment risk encourages managers to make efforts to provide a good picture of performance, one of which is by carrying out earnings management.Deviant earnings management practices are carried out when information asymmetry occurs which arises from moral hazard and encourages management to behave opportunistically, resulting in poor earnings management, which is carried out in an inadequate manner.Earnings management is influenced by several factors, including cash holding, profitability and the board of commissioners. This research aims to examine the influence of cash holding and profitability through the interaction of the board of commissioners which is proportional to the proportion of independent board of commissioners as an internal mechanism for Good Corporate Governance within the company. The population used is all manufacturing companies listed on the Indonesia Stock Exchange, using purposive sampling to obtain 50 selected companies in the 2020-2023 observation period, with a total data sample of 200. Moderated Regression Analysis (MRA) is used as a technique to test the relationship between variables.The test results show that partially cash holding, profitability and the board of commissioners have a significant effect on earnings management. The test results alsoshow that the independent board of commissioners is able to moderate cash holding and profitability on earnings management.

THE IMPACT OF GREEN ACCOUNTING, CAPITAL STRUCTURE, LIQUIDITY, GOOD CORPORATE GOVERNANCE AND GDP ON PROFITABILITY IN ENERGY SECTOR COMPANIES IN 2012-2022

This research intends to explore the influence of green accounting, capital structure, liquidity, corporate governance, and GDP on the profitability of energy firms. The research methodology utilized for this examination consists of panel data regression analysis, utilizing a sample of 27 energy companies listed on the IDX over an 11-year period. The outcomes of this study indicate that green accounting (PROPER) and capital structure (DAR) negatively impact profitability, whereas institutional ownership, and GDP demonstrate a noteworthy influence on energy companies profitability. Furthermore, liquidity (CR) and the presence of board of directors and independent commissioners does not affect profitability. These results underscore the significance of a holistic approach in balancing environmental sustainability and financial performance. These conclusions can be utilized as a foundation for developing strategies that enhance the financial performance and sustainability of energy sector companies.