The Essentiality of Corporate Reputation on Firm Performance

Abstract

Corporate reputation becomes more important for the investor to make the decision. Reputations reflect to the company's image from the perception and the information from the annual report. The study aims to examine the relationship of corporate reputation on firm performance. Bond rating is one proxy of corporate reputation. Company performance proxied by Tobin's Q and Return on Asset (ROA). This research use sample population from 396 observations on listed companies in the Indonesian Stock Exchange. The data has been taken from the period 2007 to 2017 on finance companies and non-finance companies. Method analysis for panel data used regression with STATA program to test the estimate pool least squares (PLS), the Fixed Effect Model (FE), and The Random Effect Model (RE). The finding results are shown that corporate reputation has a positive correlation on Tobin's Q and ROA as proxies of firm performance.

Investigating the Nexus between Corporate Governance and Firm Performance in India: Evidence from COVID-19

“…The findings revealed that throughout the COVID-19 period, the listed firms in 16 countries performed very well. Azizah and Wulaningrum (2022) found in their study that although the COVID-19 pandemic has affected both corporate governance and financial performance, the board of directors and audit committee as corporate governance measures had no significant impact on financial performance during the pandemic. In another attempt, Boshnak et al (2023) tried to analyse the impact of the COVID-19 pandemic on the corporate governance structure of Saudi Arabia-based companies and found that audit committee meetings and audit committee independence were significantly affected by the spread of COVID-19.…”