PENGARUH CORPORATE GOVERNANCE TERHADAP CAPITAL STRUCTURE (Studi pada Perusahaan Manufaktur yang Terdaftar di BEI)
Abstract: The aim of this
research is to analyze the effect of corporate governance on capital structure.
Companies are required to establish rigorous in combined debt and equity
(capital structure) to create an optimal capital structure for the company.
Determining capital structure can not be separated from the stakeholders who
have interest against the company. The close relationship between capital
structure with stakeholders triggering the need for a mechanism that ensures
the interests of stakeholders. Corporate governance appears as a series of
mechanisms that direct and control a corporation that runs the company's
operations in accordance with the expectations of the stakeholders.
Corporate governance used in this
study is board size, remuneration of directors, meetings of directors, and
audit committee. This study was conducted using data companies listed in
Indonesia Stock Exchange (IDX ) 2010-2012. The sampling method in this research
is purposive sampling, the amount of samples are 88 samples. Hypothesis testing
is done by using multiple regression analysis.
The results of this study indicate that board meeting has positive
influence to the capital structure. While the other variable such as board
size, remuneration of directors, and audit committee are not significantly
affected to capital structure.
Penulis: Francisca Bulan, Etna
Nur Afri Yuyetta
Kode Jurnal: jpakuntansidd141074
