Darwis, Herman
Fakultas Ekonomi Dan Bisnis Universitas Khairun

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Journal : Jurnal Keuangan dan Perbankan

CORPORATE GOVERNANCE TERHADAP KINERJA PERUSAHAAN Herman Darwis
Jurnal Keuangan dan Perbankan Vol 13, No 3 (2009): September 2009
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (243.393 KB) | DOI: 10.26905/jkdp.v13i3.1090

Abstract

The research aimed to provide empirical evidence that corporate governance implementation,managerial ownership, institutional ownership, board of executive, and independent executiveaffected corporate performance. Population of the research was companies listed at IndonesianStock Exchange (ISX) between 2006 2008; sampling method used was purposive sampling as well asmultiple regression analysis. The result showed the implementation of GCG affected corporate performance.This meant that if the listed companies at BEI and have been surveyed by IICG implement agood corporate governance, the performance would increase. The higher corporate governance wasmeasured by corporate governance index perception, the higher corporate obedience and result ina good corporate performance. Institutional ownership affected corporate performance. The greaterinstitutional share ownership, the better corporate performance. The result showed that controlfunction from the ownership did determine improving corporate performance. Managerial ownership,board of commissioner, and commissioner independent did not affect corporate.
UKURAN PERUSAHAAN, PROFITABILITAS, DAN FINANCIAL LEVERAGE TERHADAP PENGUNGKAPAN TANGGUNG JAWAB SOSIAL PERUSAHAAN HIGH PROFILE DI BEI Herman Darwis
Jurnal Keuangan dan Perbankan Vol 13, No 1 (2009): January 2009
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (140.689 KB) | DOI: 10.26905/jkdp.v13i1.917

Abstract

This study aimed to give empirical evidence that company size, profitability andfinancial leverage influenced social responsibility disclosure. Research finding proved thatcompany size significantly and positively influenced corporate social responsibility disclosure.It was based on agency theory that the bigger a company was the bigger its agency cost was.To reduce such agency cost, a company tended to disclose information extensively. Companysprofitability had negative and insignificant association. This study was in conflict with legitimacytheory that profitability had a negative influence to corporate social responsibility disclosure.Financial leverage had no influence to corporate social responsibility disclosure. This studyfailed to support agency theory that predicted a company with higher leverage ratio woulddisclose more information because agency cost of a company with such capital structure wouldbe higher.
MANAJEMEN LABA TERHADAP NILAI PERUSAHAAN DENGAN CORPORATE GOVERNANCE SEBAGAI PEMODERASI Herman Darwis
Jurnal Keuangan dan Perbankan Vol 16, No 1 (2012): January 2012
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (182.407 KB) | DOI: 10.26905/jkdp.v16i1.1045

Abstract

The objective of study was to provide empirical evidence of the influence of earnings management on corporatevalue. Managerial ownership affected the relationship between earning management with corporate values,and institutional ownership affected the relations between earning management to the corporate value.Thepopulation of this study was manufacturing companies listed on the Indonesia Stock Exchange, the observa-tion period from the year 2008-2010. The technique used was purposive sample with the analysis method usedwas a simple regression for hypothesis one, and moderate analyst regression for hypotheses two and three. Thestudy found that earnings management had no effect on corporate value. Managerial ownership did not affectthe relationship between earnings management to corporate value. Institutional ownership affected the rela-tionship between earnings management to corporate value. Ownership of shares held by institutional partiescould weaken the influence of earnings management on corporate value. It was because the institutional own-ership could control the company more closely so that the possibility of management performed earningsmanagement could be reduced.