Proceedings of the 20th International Symposium on Management (INSYMA 2023)

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

Authors
Jessica Purnomo Khoe1, Bertha Silvia Sutejo1, *, Werner Ria Murhadi1
1University of Surabaya, Surabaya, Indonesia
*Corresponding author. Email: bertha@staff.ubaya.ac.id
Corresponding Author
Bertha Silvia Sutejo
Available Online 30 September 2023.
DOI
10.2991/978-94-6463-244-6_17How to use a DOI?
Keywords
Board Size; Board Independence; Female Directorship; Firm Performance
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.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 20th International Symposium on Management (INSYMA 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
30 September 2023
ISBN
10.2991/978-94-6463-244-6_17
ISSN
2352-5428
DOI
10.2991/978-94-6463-244-6_17How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Jessica Purnomo Khoe
AU  - Bertha Silvia Sutejo
AU  - Werner Ria Murhadi
PY  - 2023
DA  - 2023/09/30
TI  - Corporate Governance of Firm Performance in the Non-Financial Sector for the 2017–2021 Period
BT  - Proceedings of the 20th International Symposium on Management (INSYMA 2023)
PB  - Atlantis Press
SP  - 93
EP  - 98
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-244-6_17
DO  - 10.2991/978-94-6463-244-6_17
ID  - Khoe2023
ER  -