Pengaruh economic value added terhadap penerapan corporate governance pada perusahaan publik di Indonesia.

Deskripsi

Suitable corporate governance between agent and principal is important to assure efficient relationship between their interests. Efficient relationship between agent and principal can be bothered by two major problems, agency problem and risk sharing risk. VBM is an answer to solve that major problems. VBM can make a manager to make a decision according to shareholders interests. EVA is a measurement of value creation which is congruent with VBM concept. This study shows how the effect of EVA on corporate governance implementation in Indonesia public company. This study uses companies which have EVA in 2003-2004 from SWA magazine and have CG index from Siagian, Siregar, and Rahardian studies. The result is EVA have significant influence to CG index.Ada tabel