This study aims to analyze the influence of good corporate governance (GCG) on financial distress. This study also aims to create a bankruptcy prediction model by using historical data from nonfinancial sector companies listed on Indonesia Stock Exchange (IDX) over the period of 2011-2015. This study used quantitative approach by using logistic regression. The final sample used in this study were 337 companies with 1,685 years observation. The study findings suggest that the proportion of independent outside directors, audit opinion, size, and ownership type from the category of good corporate governance are incorporated into the model. All the variables are significant. The results suggest that the accuracy of this bankruptcy prediction model was 99.7%.

This study aims to compare the financial performance of non-finance companies listed on the Indonesia Stock Exchange for the period 2010-2014 before and after a merger and acquisition. This study used the long-term pre and post-merger financial data to investigate the long-term performance. The present work conducted a comprehensive ratio analysis of 14 major ratios related to profitability, efficiency, leverage, and liquidity. The method used in testing the research was a quantitative approach with paired t-test and Wilcoxon test. The results of this study show that financial performance after the merger and acquisition (M&A) was better than before.

This research was explaining the influence of managerial ownership, institutional ownership, and the impact to firm performance. We use three stage least square (3SLS) model to test our hypotheses. Sample of the research is all of manufacture companies which of have managerial ownership and institutional ownership and listed on Indonesian Stock Exchange period 1997 -2006. The result was provided that managerial ownership and firm performance has positive influence but not significant. Other evidence is that institutional ownership has significant positive influence to firm performance. The research was proven that managerial ownership and institutional ownership have negative influence. Condition crisis and after crisis has effect to ownership and firm performance. Firm performance does increase when after crisis period opposite that crisis period.

This research was conducted to provide empirical evidence about the effect of bank’s financial performance using CAMEL ratios (CAR, NPL, BMPK, BOPO, LDR), and SIZE as control variable toward bank’s bond rating in Indonesia from 2005 to 2009. The source of research data are financial reports obtained from Direktori Perbankan Indonesia and the source of bond rating data are obtained from official website of Pefindo. In data processing, researcher used ordered probit method analyzed using Eviews 4. From the research, it appeared that the capital adequacy and the size have positive effect toward bond rating. Asset quality, earnings, and liquidity have negative effect toward bond rating. There is no significant effect between management quality and bond rating. It can be concluded that the bond rating of banks in Indonesia from 2005 to 2009 influenced by capital adequacy, asset quality, earnings, liquidity, and size.