The Effect of Quality of Internal Corporate Governance Mechanisms on Investors’ Confidence: Evidence Among Indonesian Sharia Compliant Companies

This study investigates the effect of the quality of internal corporate governance mechanisms and investor confidence. Various efforts for corporate governance reform have been conducted in order to enhance investor confidence. Previous evidences showed that investors do not always concern with i...

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Main Authors: Wijayanti, Risna, Yahya, Sofri, Haron, Harashid
Format: Conference or Workshop Item
Language:English
Published: 2017
Subjects:
Online Access:http://repo.uum.edu.my/23892/1/CBMM%202017%201591%201600.pdf
http://repo.uum.edu.my/23892/
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Institution: Universiti Utara Malaysia
Language: English
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spelling my.uum.repo.238922018-04-15T04:22:32Z http://repo.uum.edu.my/23892/ The Effect of Quality of Internal Corporate Governance Mechanisms on Investors’ Confidence: Evidence Among Indonesian Sharia Compliant Companies Wijayanti, Risna Yahya, Sofri Haron, Harashid HD28 Management. Industrial Management This study investigates the effect of the quality of internal corporate governance mechanisms and investor confidence. Various efforts for corporate governance reform have been conducted in order to enhance investor confidence. Previous evidences showed that investors do not always concern with information disclosure about internal corporate governance mechanisms. As such this study attempted to investigate the linkage between information about four attributes reflecting the quality of internal corporate governance mechanisms and investor confidence.Based on 227 Sharia compliant companies included in List of Sharia Securities (Daftar Efek Syariah/DES) in Indonesia, this study found that firms size has significant influence on investor confidence.Meanwhile, the quality of internal corporate governance mechanism has also significant effect on investor confidence but with different direction.Board Structure and Board Composition as two out of four attributes for the quality of internal corporate governance mechanisms were positively related, while the other two attributes that are Board Process and Board Characteristics were negatively related to investors’ confidence.This evidence implied that the quality of internal corporate governance mechanisms have some influence on investors’ confidence. 2017-10-29 Conference or Workshop Item PeerReviewed application/pdf en http://repo.uum.edu.my/23892/1/CBMM%202017%201591%201600.pdf Wijayanti, Risna and Yahya, Sofri and Haron, Harashid (2017) The Effect of Quality of Internal Corporate Governance Mechanisms on Investors’ Confidence: Evidence Among Indonesian Sharia Compliant Companies. In: 4th Conference on Business Management, 29 - 30 Oktober 2017, The Gurney Resprt Hotel & Recidences Penang, Malaysia.
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Wijayanti, Risna
Yahya, Sofri
Haron, Harashid
The Effect of Quality of Internal Corporate Governance Mechanisms on Investors’ Confidence: Evidence Among Indonesian Sharia Compliant Companies
description This study investigates the effect of the quality of internal corporate governance mechanisms and investor confidence. Various efforts for corporate governance reform have been conducted in order to enhance investor confidence. Previous evidences showed that investors do not always concern with information disclosure about internal corporate governance mechanisms. As such this study attempted to investigate the linkage between information about four attributes reflecting the quality of internal corporate governance mechanisms and investor confidence.Based on 227 Sharia compliant companies included in List of Sharia Securities (Daftar Efek Syariah/DES) in Indonesia, this study found that firms size has significant influence on investor confidence.Meanwhile, the quality of internal corporate governance mechanism has also significant effect on investor confidence but with different direction.Board Structure and Board Composition as two out of four attributes for the quality of internal corporate governance mechanisms were positively related, while the other two attributes that are Board Process and Board Characteristics were negatively related to investors’ confidence.This evidence implied that the quality of internal corporate governance mechanisms have some influence on investors’ confidence.
format Conference or Workshop Item
author Wijayanti, Risna
Yahya, Sofri
Haron, Harashid
author_facet Wijayanti, Risna
Yahya, Sofri
Haron, Harashid
author_sort Wijayanti, Risna
title The Effect of Quality of Internal Corporate Governance Mechanisms on Investors’ Confidence: Evidence Among Indonesian Sharia Compliant Companies
title_short The Effect of Quality of Internal Corporate Governance Mechanisms on Investors’ Confidence: Evidence Among Indonesian Sharia Compliant Companies
title_full The Effect of Quality of Internal Corporate Governance Mechanisms on Investors’ Confidence: Evidence Among Indonesian Sharia Compliant Companies
title_fullStr The Effect of Quality of Internal Corporate Governance Mechanisms on Investors’ Confidence: Evidence Among Indonesian Sharia Compliant Companies
title_full_unstemmed The Effect of Quality of Internal Corporate Governance Mechanisms on Investors’ Confidence: Evidence Among Indonesian Sharia Compliant Companies
title_sort effect of quality of internal corporate governance mechanisms on investors’ confidence: evidence among indonesian sharia compliant companies
publishDate 2017
url http://repo.uum.edu.my/23892/1/CBMM%202017%201591%201600.pdf
http://repo.uum.edu.my/23892/
_version_ 1644283906594177024