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Corporate governance in relations with economic value added in mining industries in index lq45

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Nowadays many companies are using professional consultant to examine its implementation of corporate governance. In mining industry especially, some companies are using Indonesia Institute for Corporate Governance (IICG), a Non Profit Organization to examine the accountability, fairness, transparency and disclosure, and responsibility. Companies want to examine their corporate governance implementation to observe whether they have performed well corporate governance implementation or not. This condition occurred because of many researchers concluded that investors are willing to pay higher price for well governed companies. In a well governed company, transparency and disclosure are the topics that always attract investors, whether to invest in the company or not to invest. Investors are using the financial data such as financial report and annual report to have the overview of the company?s economic condition. Especially in Indonesia, many investors overseas still have the framework of less credible disclosure by the companies. Not just happened to Indonesia, but also disclosures in annual report of companies in emerging market often associated with low disclosure because of not well corporate governance implementation. Investors still associate equity markets in emerging market are not well developed, because of the family ownership supply most of the financing, and in general there has been less demand for credible, timely public disclosure than companies in developed countries. Based on this condition, this thesis will study the relationship between corporate governance and EVA in Mining Industry Index LQ45. The measurement will use corporate governance policy and disclosure score with EVA for 5 years, from the period of 2004 ? 2008 to get a better view about the relationship of corporate governance and EVA in Mining Industry. Furthermore, the researcher also will study the relationship between sales and asset growth with EVA of the firm. In the study the researcher discovers that corporate governance results positive relationship with EVA in Mining Industry Index LQ45. Moreover about relationship between sales and asset growth with EVA of the firm, researcher find out that it has no relationship with EVA of the firm.

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Availability

B00803

(wh)

Available but not for loan - Missing

Detail Information

Series Title

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Call Number

803

Publisher

: Swiss German University., 2010

Collation

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Language

English

ISBN/ISSN

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Classification

NONE

Content Type

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Media Type

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Carrier Type

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Edition

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Subject(s)

Acctg

Specific Detail Info

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