Corporate Governance of Firm Performance in the Non-Financial Sector for the 2017–2021 Period

Jessica Purnomo Khoe, Bertha Silvia Sutejo () and Werner Ria Murhadi
Additional contact information
Jessica Purnomo Khoe: University of Surabaya
Bertha Silvia Sutejo: University of Surabaya
Werner Ria Murhadi: University of Surabaya

A chapter in Proceedings of the 20th International Symposium on Management (INSYMA 2023), 2024, pp 93-98 from Springer

Abstract: Abstract This study aims to analyze the influence of corporate governance factors on firm performance in non-financial sector companies listed on the Indonesia Stock Exchange (IDX) for 2017–2021. The independent variables in this study are Board Size, Board Independence, and Female Directorship. The control variables are Firm Size and Leverage, while the dependent variables used in this study are Return on Assets (ROA) and Tobin’s Q (TBQ). This study uses multiple linear regression analysis with the number of samples that meet the characteristics of 433 companies. The results of this study on ROA show that Board Size is the only significant variable. In contrast, the study’s results on TBQ show that Board Size has a significant positive effect and Board Independence has a significant negative effect.

Keywords: Board Size; Board Independence; Female Directorship; Firm Performance (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-244-6_17

Ordering information: This item can be ordered from
http://www.springer.com/9789464632446

DOI: 10.2991/978-94-6463-244-6_17

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().