PENGARUH CORPRATE GOVERNANCE PERCEPTION INDEX (CGPI) DAN PENGUNGKAPAN SUKARELA TERHADAP BIAYA EKUITAS (STUDI EMPIRIS PADA PERUSAHAAN YANG TERDAFTAR DALAM CGPI PERIODE 2009-2012)
Muchlis Imanullah, 2015: The Influence Corporate Governance Perception
Index (CGPI) and Voluntary Disclosure on Cost of Equity Capital. State
University of Jakarta. 2014.
Supervisor : (1) Ratna Anggraini .SE.,Akt., M.Si., CA. (2) Unggul Purwohedi, SE.,
M.Si., Ph.D
This aims of this research is to examine the factors which affect Cost of
equity Capital on companies that listed on Corporate Governance Perception
Index. These factors are Corporate Governance Perception Index score and
Voluntary Disclosure.
This research is used the population from companies that followed
Corporate Governance Perception Index that listed on the Indonesia Stock
Exchange 2009-2012. The research sample using purposive sampling. The
number of companies studied as many as 8. The amount of observations are 32
observations. Methods of data analysis using descriptive analysis, analysis of
classical assumption test, multiple linear regression analysis. Hypothesis testing
using t test, F test, and the correlation of determination.
From the analysis t-test showed that the score of Corporate Governance
Perception Index does not affect The cost of equity capital. Voluntary Disclosure
significant negative effect on the Cost of Equity Capital. While the F-test results
showed that simultaneous variable Score of Corporate Governance Perception
Index (CGPI) and Voluntary Disclosure affect the cost of equity capital.
Keywords : Corporate Governance Perception Index (CGPI), Voluntary, cost of
equity capital
