The Relationship betweeen Corporate Governance and Firms Performance in a Small Stock Market

Exploring the Relationship Between Corporate Goernance Mechanism and Financial Performance : Evidence From Listed Companies

“…In recent years, the relationship between corporate governance mechanism and financial performance has attracted great attention from academics, policy makers, investors and business managers. This focus stems from the recognition that well-managed companies tend to show better financial results, while inadequate governance practices can lead to adverse consequences for an organization's performance and long-term viability [10]- [12]. Indonesia's dynamic and diverse business landscape offers fertile ground for exploring the intricacies of corporate governance and its impact on financial performance.…”