SUSTAINABLE COMPANY VALUES THROUGH CORPORATE GOVERNANCE AND PROFITABILITY

Year 2018, Volume: 5 Issue: 1, 25 - 42, 31.01.2018

Ema Sulısnanıngrum

Abstract

The increasingly strong business competition today forces both government and private organizations to empower and optimize all their resources to sustain the organization. This study aims to examine the effect of human resource quality, commitment and motivation on the performance of administrative staff both simultaneously and partially at Regional Secretariat of Malang Regency. The type of this research is explanatory research using multiple regression analysis method. The result of this research shows a magnitude influence of human resources quality, commitment and motivation toward employee performance. This research contributes the development theory of human resources and provide material as a consideration related to performance improvement of administrative staff. 

Keywords

Corporate Government, Profitability, Capital Structure and Stock Exchange

References

• ADEBAYO, O. S., OLUSOLA, A. G., & ABIODUN, O. F. (2013). Relationship Between Corporate Governance And Organizational Performance : Nigerian Listed Organizations Experience. International Journal of Business and Management Invention, 2(9), 1–6. AL-MATARI, E. M., AL-SWIDI, A. K., & FADZIL, F. H. B. (2014). The Measurements of Firm Performance’s Dimensions. Asian Journal of Finance & Accounting, 6(1), 24. https://doi.org/10.5296/ajfa.v6i1.4761 AL-MATARI, Y. A., KAID AL-SWIDI, A., HANIM, F., FADZIL, B., & AL-MATARI, E. M. (2012). Board of Directors, Audit Committee Characteristics and Performance of Saudi Arabia Listed Companies. International Review of Management and Marketing, 2(4), 241–251. AL FAROOQUE, O., VAN ZIJL, T., DUNSTAN, K., & KARIM, A. W. (2007). Corporate governance in Bangladesh: Link between ownership and financial performance. Corporate Governance, 15(6), 1453–1468. https://doi.org/10.1111/j.1467- 8683.2007.00657.x BEINER, S., & SCHMID, M. M. (2005). Agency Conflicts , Corporate Governance , and Corpo- rate Diversification – Evidence from Switzerland * Agency Conflicts , Corporate Governance , and Corpo- rate Diversification – Evidence from Switzerland, 1–57. BHAGAT, S., & BOLTON, B. (2008). Corporate governance and firm performance. Journal of Corporate Finance, 14(3), 257–273. https://doi.org/10.1016/j.jcorpfin.2008.03.006 BRIGHAM, E. F., & HOUSTON, J. F. (2009). FUNDAMENTALS OF FINANCIAL Twelfth Edition. CABRERA-SUÁREZ, M. K., & MARTIN-SANTANA, J. D. (2015). Board composition and performance in Spanish non-listed family firms: The influence of type of directors and CEO duality. BRQ Business Research Quarterly, 18(4), 213–229. https://doi.org/10.1016/j.brq.2014.08.001 CHEN, L. J., & CHEN, S. Y. (2011). The influence of profitability on firm value with capital structure as the mediator and firm size and industry as moderators. Investment Management and Financial Innovations, 8(3), 121–129. CHENG, M.-C., & TZENG, Z.-C. (2011). The Effect of Leverage on Firm Value and How The Firm Financial Quality Influence on This Effect. World Journal of Management, 3(2), 30–53. https://doi.org/10.1142/S0219091514500040 GIBBS, P. A. (1993). Determinants of corporate restructuring: The relative importance of corporate governance, takeover threat, and free cash flow. Strategic Management Journal, 14(S1), 51–68. https://doi.org/10.1002/smj.4250140906 HAMZAH, M. Z., & SUPARJAN, A. (2009). 665-1297-1-SM.pdf. Seklah Tinggi Ilmu Ekonomi Bisnis Indonesia, 9, 19–33. HERMUNINGSIH, S. (2013). Profitability , Growth Opportunity , Capital. Bulletin of Monetary, Economics and Banking, 115–136. JENSEN, M. C., & MECKLINg, W. H. (1979). Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure (pp. 163–231). Springer, Dordrecht. https://doi.org/10.1007/978-94-009-9257-3_8