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The Influence Of Corporate Governance Toward Firm’s Value And Probability Of Financial Distress: A Case In Indonesia Stock Exchange Paramita, Adianti; Arifin, Zaenal
JOURNAL OF ECONOMIC SCIENCE Vol 1, No 1 (2015)
Publisher : JOURNAL OF ECONOMIC SCIENCE

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Abstract

The objective of this research is to measure the influence of corporate governance toward firm’s value and Probability of Financial Distress. The corporate governance practice is modeled by Corporate Governance Perception Index (CGPI) score which is issued by the Indonesian Institute for Corporate Governance (IICG). The firm’s values are assessed by Return on Assets (ROA), Return on Equity (ROE) and Tobin’s Q. Moreover, the probability of financial distress is modeled by Altman Z Score calculation. The analysis methods of this research use the regression model. The controlling variables of this research are company’s size, leverage and growth. There are 108 sample of data that used in this study. The sample size is obtained from companies that are listed in CGPI and Indonesia Stock Exchange (IDX) during 2007 – 2012. The result from this study shows that good corporate governance practice has significantly influence company’s Return on Assets, Return on Equity, and the probability of financial distress. Meanwhile, good corporate governance practice does not have any influence toward firm value.
Program Online Scholarship Competition Sebagai Wujud Partisipasi Penciptaan Generasi Emas Indonesia 2045 Indrati, Imam; Islam, Muhammad; Paramita, Adianti
Jurnal Penelitian dan Pengembangan Sains dan Humaniora Vol 4, No 1 (2020): April
Publisher : Universitas Pendidikan Ganesha

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (319.412 KB) | DOI: 10.23887/jppsh.v4i1.24392

Abstract

This study aims to evaluate the OSC Program in terms of the mechanism of obtaining scholarships through the online scholarship competition program, and the obstacles faced when screening scholarship candidates. Field observations and interviews are used to collect data, and PESTEL and SWOT techniques are collaborated to identify the strengths, weaknesses, opportunities, and threats. The results show that this program has legitimacy and is officially supported by the Ministry of Research, Technology and Higher Education. Futhermore, OSC has a very clear, segmented and national target market. For private universities and sponsorships that are incorporated can raise the brand image of PTS and scholarship fund companies.
Program Online Scholarship Competition Sebagai Wujud Partisipasi Penciptaan Generasi Emas Indonesia 2045 Indrati, Imam; Islam, Muhammad; Paramita, Adianti
Jurnal Penelitian dan Pengembangan Sains dan Humaniora Vol. 4 No. 1 (2020): April
Publisher : Universitas Pendidikan Ganesha

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (319.412 KB) | DOI: 10.23887/jppsh.v4i1.24392

Abstract

This study aims to evaluate the OSC Program in terms of the mechanism of obtaining scholarships through the online scholarship competition program, and the obstacles faced when screening scholarship candidates. Field observations and interviews are used to collect data, and PESTEL and SWOT techniques are collaborated to identify the strengths, weaknesses, opportunities, and threats. The results show that this program has legitimacy and is officially supported by the Ministry of Research, Technology and Higher Education. Futhermore, OSC has a very clear, segmented and national target market. For private universities and sponsorships that are incorporated can raise the brand image of PTS and scholarship fund companies.