Pengaruh Corporate Governance Terhadap Firm’s Debt Pada Perusahaan Sektor Industri Barang Konsumsi Periode 2013-2018

Abstract

Era globalisasi menjadikan perusahaan menjadi bersaing dan menentukan strategi bisnis yang sesuai dengan kondisi perusahaan. Kemampuan perusahaan dalam menentukan kinerjanya akan meningkatkan daya saing perusahaan. Penelitian ini bertujuan untuk meneliti pengaruh corporate governance terhadap firm’s debt pada perusaha­an sektor industri barang konsumsi periode 2013-2018. Sampel yang digunakan adalah 31 perusahaan sektor industri barang konsumsi yang tercatat selama periode 2013-2018. Metode analisa data dilakukan dengan menggunakan regresi data panel dengan fixed effect model dan random effect model. Variabel kontrol yang digunakan pada penelitian ini terdiri dari profitability dan firm size. Hasil penelitian in menunjukkan bahwa board size dan board composition berpengaruh signifikan terhadap short term debt, board size tidak berpengaruh signifikan terhadap long term debt namun board composition berpengaruh signifikan terhadap long term debt, serta board size dan board composition tidak berpengaruh signifikan terhadap total debt.

Relevance of Corporate Social Responsibility With Tri Hita Karana

“…A good company must be able to pursue profit (profit) (Francisca & Malelak, 2020), have a concern for environmental conservation (planet), and strive to improve the welfare of the community (people). CSR practices are responsive and must be strategic, which impacts business and society.…”

“…In the face of dynamic environmental changes, a corporation must be ready and able to compete to maintain a sustainable business (Francisca & Malelak, 2020). Corporations' profits must be able to account for their financial performance in a transparent manner (Geraldine & Ottemoesoe, 2022).…”

The Effect of Agency Costs, Ownership Structure, Signaling, Investment Opportunities, Size, Financial Leverage, and Profitability on Dividend Policy of Companies Listed in Indonesian Stock Exchange

“…Payment of corporate debt, both principal and interest on debt, must take precedence in payment and must also take precedence before dividing profits in the form of dividends (Syamsuddin, 2007;Francisca, & Malelak, 2020). Dividend payments will create a financial burden for the company because it will reduce its cash (Bae & Elhusseiny, 2017;Shanthana & Basana, 2020).…”

“…Dividend payments will create a financial burden for the company because it will reduce its cash (Bae & Elhusseiny, 2017;Shanthana & Basana, 2020). The use of too high debt will cause a decrease in dividend payments because most of the profits are allocated to reserves for debt repayment (Kartika, 2005;Francisca, & Malelak, 2020).…”

THE INFLUENCE Of CASHLESS PAYMENT USAGE AND PROTECTION AGAINST FINANCIAL INCLUSION IN MICRO AND SMALL ENTERPRISES IN KEDIRI

“…According to the Financial Services Authority (OJK), literacy is the level of knowledge, skills, public trust regarding financial institutions and products and services described in the index measure parameters. In contrast, according to the National Strategy for Indonesian Financial Literacy (SNLKI), financial literacy is a process or an activity that can increase the knowledge, confidence, and skills of consumers or the broader community to manage finances better (Ardiansyah, 2020;Francisca & Malelak, 2020).…”