Corporate Governance, Transparancy And Stock Return Synchronicity

Christianto, Adrian and Murhadi, Werner Ria and Wijaya, Liliana Inggrit (2021) Corporate Governance, Transparancy And Stock Return Synchronicity. Journal of Entrepreneurship & Business, 2 (1). pp. 1-10. ISSN 2721-706X

PDF Liliana Inggrit_CORPORATE GOVERNANCE, TRANSPARANCY AND STOCK RETURN SYNCHRONICITY.pdf Download (918kB)

Abstract

This study aims to analyze the effect of corporate governance on transparency as measured by stock return synchronicity. The variables used are board size (commissioner), big4 audit, institutional ownership, market to book, the volatility of firm fundamentals, leverage, and firm size. This study uses a quantitative approach with multiple linear analysis models. This study uses a sample of non-financial business entities listed on the Indonesia Stock Exchange (BEI). The number of samples used in this study was 198 observations. The results showed that the variable board size (commissioner), institutional ownership, and leverage had a positive effect on transparency, and the implied volatility of the firm hurt transparency. Other variables such as big4 audit, market to book ratio, and firm size do not affect transparency.

Item Type:	Article
Uncontrolled Keywords:	transparency, corporate governance, stock return synchronicity
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:	Faculty of Business and Economic > Department of Management
Depositing User:	Ester Sri W. 196039
Date Deposited:	07 Sep 2021 06:22
Last Modified:	11 Oct 2021 06:40
URI:	http://repository.ubaya.ac.id/id/eprint/40190

Actions (login required)

View Item