THE IMPACT OF CORPORATE GOVERNANCE ON ROA AND STOCK RETURN
Kata Kunci:
Corporate governance, Return on assets, Stock return, concentrated ownership, institutional ownership, board size, board independenceAbstrak
Referensi
Anderson, R. C., Mansi, S. A., & Reeb, D. M. (2004). Board characteristics, accounting report integrity, and the cost of debt. Journal of Accounting and Economics, 37(3), 315–342. https://doi.org/10.1016/j.jacceco.2004.01.004
Andreou, P. C., Louca, C., & Panayides, P. M. (2014). Corporate governance, financial management decisions and firm performance: Evidence from the maritime industry. Transportation Research Part E: Logistics and Transportation Review, 63(April), 59–78. https://doi.org/10.1016/j.tre.2014.01.005
Anjani, I., & Jatmiko, W. (2015). Concentrated Ownership and Financial Performance : The Case of Listed Shipping Companies in Big 5 ASEAN Countries. June, 0–25.
Chung, K. H., & Zhang, H. (2011). Corporate governance and institutional ownership. Journal of Financial and Quantitative Analysis, 46(1), 247–273. https://doi.org/10.1017/S0022109010000682
Del Guercio, D. (1996). The distorting effect of the prudent-man laws on institutional equity investments. Journal of Financial Economics, 40(1), 31–62. https://doi.org/10.1016/0304-405X(95)00841-2
Ehikioya, B. I. (2009). Corporate governance structure and firm performance in developing economies: Evidence from Nigeria. Corporate Governance: The International Journal of Business in Society, 9(3), 231–243. https://doi.org/10.1108/14720700910964307
Jensen, M. C., & Meckling, W. H. (1976). Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure, 3 J. Fin. Econ. 305 (1976). Jensen3053J. Fin. Econ, 162–176.
Koerniadi, H., Krishnamurti, C., & Tourani-Rad, A. (2014). Corporate governance and the variability of stock returns. International Journal of Managerial Finance, 10(4), 494–510. https://doi.org/10.1108/IJMF-08-2012-0090
Lee, S. (2008). Ownership structure and financial performance: Evidence from panel data of South Korea. Corporate Ownership and Control, 6(2 C CONT. 2), 254–267. https://doi.org/10.22495/cocv6i2c2p1
Ross, S. A. (1977). Determination of Financial Structure: the Incentive-Signalling Approach. Bell J Econ, 8(1), 23–40. https://doi.org/10.2307/3003485
Sheikh, N. A., Wang, Z., & Khan, S. (2013). The impact of internal attributes of corporate governance on firm performance: Evidence from pakistan. International Journal of Commerce and Management, 23(1), 38–55. https://doi.org/10.1108/10569211311301420
Tehranian, H., Cornett, M. M., Marcus, A. J., & Saunders, A. (2011). Earnings Management, Corporate Governance, and True Financial Performance. SSRN Electronic Journal, 618. https://doi.org/10.2139/ssrn.886142
Yermack, D. (1996). Higher Market Valuation for Firms with a Small Board of Directors. Journal of Financial Economics, 40(40), 185–211.
Unduhan
Diterbitkan
Cara Mengutip
Terbitan
Bagian
Citation Check
Lisensi
The copyright of the article fully belongs to the Jurnal Akuntansi dan Pajak and publishing rights belong entirely to LLPM STIE AAS SurakartaÂ
Â
This work is licensed under a Creative Commons Attribution 4.0 International License.