Journal of Applied Finance & Accounting
Vol. 2 No. 1 (2009): Published on November 2009

Analysis of Corporate Governance and Relative Efficiency of Public Companies Listed in Indonesian Stock Exchange

Olivia Liputri (BINUS INTERNATIONAL alumni)
Junius Tirok (Faculty of BINUS BUSINESS SCHOOL)



Article Info

Publish Date
28 Nov 2009

Abstract

This research aims to investigate the relationship between corporate governance and company’s relative efficiency. The research sample is 34 public companies listed in Indonesian Stock Exchange. A modified Jones (1991) model is used to detect the earnings management practice as a proxy to corporate governance. In regard with the efficiency score, this research employs Data Envelopment Analysis (DEA). This research find that the there is no significant relationship between corporate governance and its efficiency.

Copyrights © 2009






Journal Info

Abbrev

JAFA

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Applied Finance & Accounting (JAFA) showcases useful theoretical and methodological results with the support of interesting empirical applications in the area of Finance and Accounting. Purely theoretical and methodological research with the potential for important applications is also ...