GOOD CORPORATE GOVERNANCE DI SEKTOR KEUANGAN: DAMPAK GCG TERHADAP KINERJA PERUSAHAAN (Kasus di Bursa Efek Jakarta)

Abstract

Corporate governance has become an issue of global significance. The improvement of corporate governance practices is widely recognized as one of the essential elements in strengthening the foundation for the long-term performance of countries and corporation. It has also been linked to the broader issues of national governance and action against corruption at all levels of society within the economic framework of countries. In business, investors would pay a substantial premium for well governed companies. Indonesia as one of the emerging countries needs to implement the good corporate governance to cope with the global economy. The stream of interest in this empirical research examines the application of good corporate governance in companies based on annual report that affects to the company’s market value, measured with Tobin’s Q.

Keywords

• good corporate governance, performance of corporation, financial, Tobin’s Q