Proceedings of the First International Conference of Economics, Business & Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia

Research Article

Corporate Governance on Share Price Performance of Big Cap Issuers During Covid-19 Pandemic

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  • @INPROCEEDINGS{10.4108/eai.1-10-2020.2305566,
        author={Niken  Kusumawardani},
        title={Corporate Governance on Share Price Performance of Big Cap Issuers During Covid-19 Pandemic},
        proceedings={Proceedings of the First International Conference of Economics, Business \& Entrepreneurship, ICEBE 2020, 1st October 2020, Tangerang, Indonesia},
        publisher={EAI},
        proceedings_a={ICEBE},
        year={2021},
        month={4},
        keywords={corporate governance share price performance big cap issuers covid-19},
        doi={10.4108/eai.1-10-2020.2305566}
    }
    
  • Niken Kusumawardani
    Year: 2021
    Corporate Governance on Share Price Performance of Big Cap Issuers During Covid-19 Pandemic
    ICEBE
    EAI
    DOI: 10.4108/eai.1-10-2020.2305566
Niken Kusumawardani1,*
  • 1: University of Lampung
*Contact email: nicken_kusumawardani@yahoo.co.id

Abstract

This study aims to determine the effect of corporate governance on the share price performance of big cap issuers during the Covid-19 pandemic in Indonesia. In this study, corporate governance used five components such as institutional ownership, board size, CEO duality, independent commissioners and ownership concentration while share price performance used stock returns. Hypothesis testing using multiple linear regression. The sample of this research included twenty corporate of big cap issuers in Indonesia Stock Exchange (BEI). The results of hypothesis testing indicate that there is an insignificant relationship between the variables of institutional ownership, board size, CEO duality, and independent commissioners on stock returns, while ownership concentration indicate a significant negative relationship with stock returns during the Covid-19 pandemic. From the results of the study, the components of corporate governance on share price performance during Covid-19 pandemic need more researchable.