Corporate Board And Firm Value Perspective Two-Tier Board System In Indonesia
Journal: International Journal of Scientific & Technology Research (Vol.5, No. 5)Publication Date: 2016-05-15
Authors : Leni Susanti; Sulaeman Rahman Nidar;
Page : 300-305
Keywords : board of commissioners; board of directors; firm value; two-tier board system.;
Abstract
This study aimed to investigate whether the effect of board commissioners and board of directors toward firm value at companies listed in Indonesia Stock Exchange. Secondary data is used and collected based on time series and cross section from 2010 until 2014 among 184 companies as unit observation. This study uses data panel regression analysis techniques with Generalized Least Square GLS. Chow test and Hausman test show that the model used as a fixed effect estimation technique. The results show simultaneously the board of commissioners and board directors have a significant effect on firm value. Furthermore partially the board of commissioners has a negative and significant effect toward firm value. The board of directors has a positive and significant effect toward the firm value.
Other Latest Articles
- Textural And Mineralogical Studies Of Two Tunisian Sedimentary Phosphates Or Carbonated Fluorapatite Used In The Process Of Production Of Phosphoric Acid
- Google Glass - Dazzling Yet Brittle Technology
- Extraction And Isolation Of Lycopene From Solanum Lycopersicum And Citrullus Lanatus For Bioplastic Colouring
- Diversity And Distribution Of Odonata In University Sumatera Utara Medan Indonesian
- Bibliographic Citations With Special Reference Indian Bibliographic Standard
Last modified: 2017-06-11 22:49:27