Is There a Relationship Between Corporate Governance and Value‐based Financial Performance Measures? A Study of Turkey as an Emerging Market

Bayrakdaroğlu, Ali; Ersoy, Ersan; Çıtak, Levent

doi:10.1111/j.2041-6156.2012.01071.x

Cited by 39 publications

(27 citation statements)

References 43 publications

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“…Ramdani & Witteloostuijn (2010) prove that firms with larger independent commissioner proportions have higher return on equity. Bayrakdaroglu et al (2012) state the size of the commissioner board has no effect on profitability. Wulandari (2006) describes the optimal board size depends on the conditions of each company.…”

Section: Effect Of Institutional Ownership and Board Independent On Rmentioning

confidence: 97%

Mediation of CSR and Profitability on the Influences of GCG Mechanisms to the Firm Value

Umar¹

2017

Jurnal Keuangan Dan Perbankan

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The purpose of this research was to determine the causal relationship among GCG mechanism, financial performance, CSR and firm's value. The model of the research was constructed by using financial performance and CSR as intervening variables on the effect of GCG mechanism to firm's value. This research was accomplished on companies listed in Jakarta Islamic Index (JII) in Indonesia Stock Exchange for the period of 2007-2013. The result showed that GCG mechanism tended to reject every CSR financing. CSR was positively affected by Return on Investment (ROI). GCG mechanism represented by institutional ownership (INWN) had a positive effect to ROI. ROI had a positive effect to return on equity (ROE), and ROE had a positive effect to firm's value. This study proved that ROI was mediating significantly the effect of INWN to CSR, and ROE was mediating significantly the effect of ROI to firm's value. ABSTRAKTujuan penelitian ini adalah untuk menguji hubungan kausalitas antara mekanisme GCG, kinerja keuangan, CSR dan nilai perusahaan. Model penelitian dibangun dengan menempatkan kinerja keuangan dan CSR sebagai variabel intervening pada pengaruh mekanisme GCG terhadap nilai perusahaan. Penelitian dilalukan pada perusahaan Jakarta Islamic Index (JII) di Bursa Efek Indonesia untuk periode tahun 2007 penelitian menunjukkan bahwa mekanisme GCG cenderung menolak berbagai pembiayaan CSR. CSR dipengaruhi positif Return on Invesment (ROI). Mekanisme GCG yang diproksi Institutional Ownership (INWN) berpengaruh positif terhadap ROI. ROI berpengaruh positif terhadap Return on Equity (ROE), dan ROE berpengaruh positif terhadap nilai perusahaan. Penelitian ini membuktikan bahwa ROI memediasi secara signifikan pengaruh INWN terhadap CSR, dan ROE memediasi secara signifikan pengaruh ROI terhadap nilai perusahaan.

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Section: Effect Of Institutional Ownership and Board Independent On Rmentioning

confidence: 97%

Mediation of CSR and Profitability on the Influences of GCG Mechanisms to the Firm Value

Umar¹

2017

Jurnal Keuangan Dan Perbankan

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“…Lyon (2007) said that profitability is the most important aspect affecting a firm's growth and survival and it can be seen from the positive relationship between CSR and profitability. Some of the researchers had the same conclusion such as Boaventura et al (2012), Cochran and Wood (1984), Fischer andSawczyn (2013), andBayrakdaroglu, Ersoy, andCitak (2012).…”

Section: Development Of Hypothesesmentioning

confidence: 73%

The Influence of CSR Practices on Financial Performance: Evidence From Islamic Financial Institutions in Indonesia

Menne¹,

Winata²,

Hossain³

2016

JMAA

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performance is significant, the value of R is 0.737, and R square is 0.543. This means that the implementation of CSR practices (Zakat and Qardh) improves organizational financial performances of IFIs in Indonesia. This study also has a limitation as it only focuses on Zakat and Qardh; thus in the future, it is necessary to advance the variable of CSR practices on the real social and environmental practices such as environmental improvement, increasing the quality of human resources, involving in any jobs or reducing unemployment and any other activities.

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“…The fast spread of Internet banking may result in the benefits of this technology going primarily to consumers as banks incur the costs of providing these sites to maintain market shares. Due to the ATMs, telephone banking and internet banking services, POS machines, Electronic Fund Transfer (EFT) processes, credit cards, kiosk banks, WAP banking, Palm banking and other new product and distribution channels that have been alternatively developed in the branch banking (Bayrakdaroglu 2012). The cost-efficiency in the internet process, carry off, product variety, increasing the customer focus, decreasing the expenditures of the branch, staff and rents, providing services without depending on the geographic region and time (Pala and Kartal 2010), the roles of the electronic banking that has been widely disseminated around the world for the banks and consumers (Yildiz and Karadirek 2014) has been increasing to change the habits of the consumers (Sanders, 2000).…”

Section: E-bankingmentioning

confidence: 99%

Study on the Development of the Banking Industry in Ghana with Evidence to Innovation Technology

2019

RJFA

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Innovation technology is currently recognized as one of the key factors in the firms' competitive advantage as well as a critical element in improving the economic and financial results of firms. Increased economic and financial performance have been observed among firms capable of using innovation to improve their processes or differentiate their products and services in relation to their competitors. This study employs both quantitative and qualitative methods in analyzing the Administrated questionnaires. Primary data were collected using the random sampling procedure among Ghana banking workers and customers. Google Forms was used in answering the questionnaires, which automatically generated simple graphs. The data was also interpreted in table forms for easy analysis and reading. The research used SPSS (Statistical Package for Social Sciences) to analyze the correlation statistics that were adopted from the responses of the questionnaire. The Spearman and Kendall's tau-b was also adopted in this study. The overall study of the research is to identify the influence innovation technology has brought on the banking industry. Emerged from the study were: the ease use of innovation technology products by customers and employees of the bank. The respondents from the survey shows positive significance impact of innovation technology in their daily use of bank services such as Internet Banking, ATM, Mobile Banking, due to this, the banking industry keeps expanding and introducing new varieties of innovation to be able to gain stands in competition with other banks and financial institutions. With this outcome, banks should focus on more innovation technology products to enhance the lives of their workers and customers, which significantly also increases productivity and profit.

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Is There a Relationship Between Corporate Governance and Value‐based Financial Performance Measures? A Study of Turkey as an Emerging Market

Cited by 39 publications

References 43 publications

Mediation of CSR and Profitability on the Influences of GCG Mechanisms to the Firm Value

Mediation of CSR and Profitability on the Influences of GCG Mechanisms to the Firm Value

The Influence of CSR Practices on Financial Performance: Evidence From Islamic Financial Institutions in Indonesia

Study on the Development of the Banking Industry in Ghana with Evidence to Innovation Technology

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