标题:Development of good corporate governance index and its influence on firm fundamental performance, stock performance, and firm value during the Covid and Non-Covid period of companies publicly listed in LQ45
期刊名称:Academy of Accounting and Financial Studies Journal
印刷版ISSN:1096-3685
出版年度:2022
卷号:26
期号:2
页码:1-29
语种:English
出版社:The DreamCatchers Group, LLC
摘要:This study aims to determine the influence of good corporate governance on firm fundamental performance, stock performance, and firm value of companies (main and comparing samples) during the period of 2012-2020 (9 years). The good corporate governance is proxied by using ASEAN Corporate Governance Scorecard explained in The Globe and Mail guidelines, where the score is taken from the firm’s annual report. There was a total of 18 main and 8 comparing samples selected purposively. The data was analyzed using panel data regression. The results show that partially indicators of good corporate governance have significant value to Return on Asset and Firm Value, but indicators of good corporate governance have no significant value to Stock Performance..
关键词:Corporate Governance Scorecard;Firm Fundamental Performance;Stock Performance;Firm Valu