The Effect Of Good Corporate Governance Implementation Towards Change On Income And Stock Price (A Case Study On Companies Listed In Corporate Governance Perception Index Ranking During 2012-2016)

Kasat, Rimas Nur (2017) The Effect Of Good Corporate Governance Implementation Towards Change On Income And Stock Price (A Case Study On Companies Listed In Corporate Governance Perception Index Ranking During 2012-2016). Sarjana thesis, Universitas Brawijaya.

Abstract

Tujuan penelitian ini adalah untuk mengetahui pengaruh penerapan Good Corporate Governance terhadap perubahan laba dan harga saham berdasarkan Corporate Governance Perception Index Rating dari Majalah SWA dengan menggunakan Corporate Governance Perception Index sebagai alat ukur variable bebas, pergerakan Earning before Tax (EBT) dan harga penutupan saham sebagai alat ukur variable terikat. Penelitian ini termasuk sebagai penelitian kuantitatif yang menggunakan explanatory sebagai metode penelitian dan uji regresi sebagai perhitungan. Peneliti menggunakan purposive sampling sebagai metode pengambilan sampel dengan menggunakan 13 perusahaan sebagai sampel selama periode 2012 sampai 2016. Penelitian ini menunjukkan bahwa penerapan Good Corporate Governance mempegaruhi harga saham. Namun, di sisi lain studi ini tidak menemukan adanya hubungan antara Good Corporate Governance dan perubahan laba. Oleh karena itu, hasil ini tidak mendukung hipotesis awal. Hal ini terjadi karena investor atau pasar memberikan respon langsung terhadap harga saham daripada perubahan laba yang membutuhkan waktu lebih lama. Selain itu, perubahan laba dipengaruhi oleh variable lain yang tidak di bahas pada studi ini.

English Abstract

The research objective in this paper is to find the effect of Corporate Governance implementation towards income changes and stock price based on Corporate Governance Perception Index from SWA Magazine by using Index Corporate Governance as Independent Variable proxy, the movement of Earning before Tax (EBT) and Closing Price as Dependent Variable proxies. This research was included as quantitative research which used explanatory as a method and regression testing as the evaluation. The researcher used purposive sampling as sampling method by using 13 firms as samples in the period of 2012 to 2016. This study found that Good Corporate Governance implementation effecting stock price. But on the other hand, this study didn’t find any relation between Good Corporate Governance implementation towards income changes. This occurred since the investors or markets, directly give response to stock price rather than to income changes that take longer time. Moreover, Income changes was effected by the other variable was not discussed in this study.

Item Type: Thesis (Sarjana)
Identification Number: SKR/FE/2017/614/051710589
Uncontrolled Keywords: Good Corporate Governance, Corporate Governance Perception Index, Change on Income, Stock Price, Good Corporate Governance, Corporate Governance Perception Index, Change on Income, Stock Price
Subjects: 600 Technology (Applied sciences) > 658 General management > 658.4 Executive management
Divisions: Fakultas Ekonomi dan Bisnis > Akuntansi
Depositing User: Nur Cholis
Date Deposited: 06 Dec 2017 07:13
Last Modified: 11 Sep 2020 12:15
URI: http://repository.ub.ac.id/id/eprint/6541
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