ABSTRACT THE EFFECT OF CORPORATE GOVERNANCE MECHANISM
INDICATOR TO MANUFACTUR COMPANY PERFORMANCE GO PUBLIC IN 2007-2009
By:
Indah Sulistyawati Number: 07.05.52.0136
The present study intended to expand the researches on the effect of
corporate governance mechanism indicator to manufactur company performance go public in 2007-2009. Corporate governance concept that the mean is the amount of board directors, independent board of commissioner proportion, debt to equity and institusional ownership. Company performance in proxied with Tobin Q value.
Researcher use purposive sampling, this study find the 41 sample size and those data have meet normality and classic assumption test. The analysis data use multiple regression model. The result show that the amount of board directors had significant positive effect to campany performance, independent board of commissioner proportion had significant negative effect to company performance, debt to equity and institusional ownership not significant positive effect to company performance.
This research have limited on company that used just manufactur, it does not other variable from corporate governance mechanism indicator can effect company performance. Implication it that next researcher have to expand this research. Keyword: Agency Theory, Corporate Governance and Company Performance.