PENGARUH STRUKTUR COORPORATE GOVERNANCE TERHADAP FINANCIAL DISTRESS PERUSAHAAN

Abstract

Abstract: This study aims to analyze the effect of coorporate governance structure to financial distress. The population in this study were all manufacturing companies listed on the Indonesia Stock Exchange in 2007-2009. Criteria of financial distress in this study were measured by using a earnings per share. The results showed variable size of commissioners, proportion of independent commissioner and size of audit committe is negatively related to but does not have a significant influence on financial distress, while the size of direction have a relationship that is negative and significant effect on financial distress.

Keywords: corporate governance, financial distress, earnings per share.