The Effect of Good Corporate Governance Towards Idiosyncratic Risk
This study aims to analyze the effect of good corporate governance towards idiosyncratic risk as a proxy with corporate governance variable as board size, independent director, women, firm size, firm performance, and firm age. The object of this study uses companies listed in the Indonesia Stock Exc...
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| Format: | Article |
| Language: | English |
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Department of Management, Faculty of Economics and Business, Universitas Surabaya
2020-09-01
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| Series: | Manajemen dan Bisnis |
| Subjects: | |
| Online Access: | https://www.journalmabis.org/mabis/article/view/440 |
| _version_ | 1828047962799865856 |
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| author | Cintya Yuliana Limantara Werner R. Murhadi Liliana Inggrit Wijaya |
| author_facet | Cintya Yuliana Limantara Werner R. Murhadi Liliana Inggrit Wijaya |
| author_sort | Cintya Yuliana Limantara |
| collection | DOAJ |
| description | This study aims to analyze the effect of good corporate governance towards idiosyncratic risk as a proxy with corporate governance variable as board size, independent director, women, firm size, firm performance, and firm age. The object of this study uses companies listed in the Indonesia Stock Exchange and Philippine Stock Exchange using agency theory. This study uses quantitative approach and multiple linear regression to analyze the data. The target populations of this study are manufacturing companies that listed in Indonesia Stock Exchange and Philippine Stock Exchange in 2014-2018 which are equal to 615 and 200 year observations. The results in Indonesia showed that board size, women, and firm age had negatif effect on idiosyncratic risk. On the other hand, firm size do not show the effect on idiosyncratic risk and firm performance had positive effect on idiosyncratic risk. However, the results in Philippine showed that board size had positive effect on idiosyncratic risk. While, women and firm size do not show the effect on idiosyncratic risk but firm performance and firm age had negatif effect on idiosyncratic risk. |
| first_indexed | 2024-04-10T18:51:04Z |
| format | Article |
| id | doaj.art-1d17e559e1ac46f1bfdea2e73657516d |
| institution | Directory Open Access Journal |
| issn | 1412-3789 2477-1783 |
| language | English |
| last_indexed | 2024-04-10T18:51:04Z |
| publishDate | 2020-09-01 |
| publisher | Department of Management, Faculty of Economics and Business, Universitas Surabaya |
| record_format | Article |
| series | Manajemen dan Bisnis |
| spelling | doaj.art-1d17e559e1ac46f1bfdea2e73657516d2023-02-01T07:29:34ZengDepartment of Management, Faculty of Economics and Business, Universitas SurabayaManajemen dan Bisnis1412-37892477-17832020-09-0119210.24123/jmb.v19i2.440312The Effect of Good Corporate Governance Towards Idiosyncratic RiskCintya Yuliana Limantara0Werner R. Murhadi1Liliana Inggrit Wijaya2Faculty of Business and Economics. Universitas Surabaya, IndonesiaFaculty of Business and Economics. Universitas Surabaya, IndonesiaFaculty of Business and Economics. Universitas Surabaya, IndonesiaThis study aims to analyze the effect of good corporate governance towards idiosyncratic risk as a proxy with corporate governance variable as board size, independent director, women, firm size, firm performance, and firm age. The object of this study uses companies listed in the Indonesia Stock Exchange and Philippine Stock Exchange using agency theory. This study uses quantitative approach and multiple linear regression to analyze the data. The target populations of this study are manufacturing companies that listed in Indonesia Stock Exchange and Philippine Stock Exchange in 2014-2018 which are equal to 615 and 200 year observations. The results in Indonesia showed that board size, women, and firm age had negatif effect on idiosyncratic risk. On the other hand, firm size do not show the effect on idiosyncratic risk and firm performance had positive effect on idiosyncratic risk. However, the results in Philippine showed that board size had positive effect on idiosyncratic risk. While, women and firm size do not show the effect on idiosyncratic risk but firm performance and firm age had negatif effect on idiosyncratic risk.https://www.journalmabis.org/mabis/article/view/440good corporate governance, idiosyncratic risk, agency theory |
| spellingShingle | Cintya Yuliana Limantara Werner R. Murhadi Liliana Inggrit Wijaya The Effect of Good Corporate Governance Towards Idiosyncratic Risk Manajemen dan Bisnis good corporate governance, idiosyncratic risk, agency theory |
| title | The Effect of Good Corporate Governance Towards Idiosyncratic Risk |
| title_full | The Effect of Good Corporate Governance Towards Idiosyncratic Risk |
| title_fullStr | The Effect of Good Corporate Governance Towards Idiosyncratic Risk |
| title_full_unstemmed | The Effect of Good Corporate Governance Towards Idiosyncratic Risk |
| title_short | The Effect of Good Corporate Governance Towards Idiosyncratic Risk |
| title_sort | effect of good corporate governance towards idiosyncratic risk |
| topic | good corporate governance, idiosyncratic risk, agency theory |
| url | https://www.journalmabis.org/mabis/article/view/440 |
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