DETERMINAN CORPORATE GOVERNANCE
ABSTRACT: This research is
aimed at knowing the determinant implementation degree of corporate governance.
A company applies qualified corporate governance practice if the company has
high investment opportunities, high need of external fund, and more concentrated
on structural ownership rights of the company cash flow. The samples of this research
consist of 69 companies, included in the CGPI rate. The secondary data of the research
are at the time of 2005-2008. The research results show that investment opportunity
set (sig.=0,022),active composition (sig.=0,004), company size (sig.=0,004),and
regulation affect the quality of corporate governance. While ownership
concentration (sig.=0,743) and leverage (sig.=0,228) do not affect the quqlity
of the corporate governance(CGPI).
Key words: Corporate
Governance, Invesment Opportunities Set, Leverage, Aktiva
Penulis: Rachmawati Meitha
& Ulfa Tuzahro
Kode Jurnal: jpakuntansidd090029
