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"Corporate governance is a concept where management supervision takes place in the decision-making process, both in public and business organizations. This research reviews the effect of board characteristics (measured based on the independent board of directors, dual leadership/CEO duality, board size, managerial ownership, board composition /multiple directorships, board tenure, audit committee, and board interlock) on earning management in companies listed in the Indonesian Stock Exchange during the 2004-2008 period. To identify earning management, the researcher uses the Jones model (1991) as modified by Dechow and Sloan (1996) to separate non-discretionary accrual (NDAC) components from discretionary accrual components (DAC) in the total accrual.The research shows that earning management takes place in companies listed in the Indonesian Stock Exchange during the 2004-2008 period, be they companies in general, manufacturers, non-manufacturers, and companies that use audit committee services. It is discovered that the independent board of directors, board size, managerial ownership, board composition/multiple directorships, board tenure, and audit committee do not affect earning management practices in the above companies; only dual leadership/CEO duality affects the earning management practices."

"Advances in Financial Economics Vol 19 is peer reviewed and focusses on International Corporate Governance.Advances in Financial Economics Volume 19 deals with International Corporate Governance, particularly the role played by boards of directors, internal organization design and governance mechanisms, franchise agreements, the effect of regulation and policy, the market for corporate control, and strategic alliances."

"Kegagalan dalam mengaplikasikan corporate governance yang benar akan membuat banyak pertanyaan tentang operasi sebuah bisnis apapun bidnangnya. Bidang olahraga pun bukan pengecualian. Beberapa tahun lalu di Australia, dua klub olahraga menjadi sorotan setelah menggunakan obat-obatan terlarang. Kedua tim ini adalah dua tim dari kompteisi yang berbeda, yaitu Essendon FC dari Austarlian Football League (AFL) dan Cronulla Sharks dari National Rugby League (NRL).Penggunaan obat-obatan terlarang sudah dilarang oleh Komite Olimpiade Internasional karena obat-obatan tersebut bisa memberikan kemampuan fisik yang melebihi kemampuan normal seorang atlet. Kapabilitas yang didapatkan dari obat-obatan terlarang ini membuat klub-klub olahraga tertarik untuk menyalah gunakannya karena obat-obatan ini bisa membantu mereka memenangkan kompetisi.Dari kasus ini, kita akan melihat bahwa kedua tim tidak mengikuti standar-standar etika yang sudah diberlakukan oleh Accounting Professional and Ethical Standards Board (APESB) dan tidak memperlihatkan praktik corporate governance yang baik.

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Corporate governance failure may raise questions regarding a business’ operation whatever the industry the business is in. Sporting industry is not an exception. A few years ago in Australia, two sporting teams has been under the spotlight for use of sport enhancing drugs. Two of these teams are two sporting teams from two different competitions, Essendon FC from the Australian Football League (AFL) and Cronulla Sharks from the National Rugby League (NRL).

Use of performance enhancing drugs are prohibited by the International Olympic Committee as it may give an athlete the handicap of increase in physical ability. The capabilities given by a performing enhancing drugs has tempted sporting teams or athletes to abuse these drugs in order to win competitions.

It can be seen from this case that both teams has failed to compile with some ethical standards set by Accounting Professional and Ethical Standards Board (APESB) and unable to show any good corporate governance practice."

"The increasingly crucial role of companies’ non-financial disclosure (NFD) and integrated reporting (IR) has led to a lively debate among academics, practitioners, and regulators on the approaches, framework, contents, principles, and standards that should oversee these forms of reporting. Through several expert contributions, conducted both with qualitative and quantitative methodologies, this book provides an up-to-date portrait of the debate by exploring corporate NFD either in its mandated contents or voluntary information. Contributing authors provide studies that encompass the different lines of NFD, namely non-financial risk reporting, sustainability reporting, and intellectual capital reporting, as well as the integration of financial and non-financial information through IR, the assurance of the NFD and IR through auditing activities, and the role of management and CFOs in NFD and IR."

"Corporate Governance and Accountability, fourth edition, provides readers with an up-to-date summary of the most recent developments in corporate governance. Presenting a full discussion of corporate governance issues, the book adopts a holistic approach, taking the broadest view of the corporate governance agenda, including both theory and practice. The new edition is comprehensively updated and incorporates new codes of practice, policy documents and academic research."

"Perseroan terbatas (PT) merupakan wadah untuk melakukan kegiatan usaha, yang membatasi tangung jawab pemegang saham, yaitu sebesar jumlah saham yang dimiliki sehingga bentuk usaha seperti ini banyak diminati, terutama bagi perusahaan dengan jumlah modal yang benar. Perusahaan semacam ini, pemisahan antara pemegang saham dengan pimpinan perusahaan dapat terlihat dengan jelas. Fungsi masing masing pihak tidak dapat dipadukan, pemegang saham adalah pihak yang menyediakan modal dan pengelola adalah pihak yang memanfaatkan modal untuk menjalankan kegiatan ekonomi. Sedangkan PT Terbuka (PT. Tbk) adalah PT yang sahamnya telah dimiliki oleh masyarakat melalui instrumen pasar modal. Sehingga kepentingan-kepentingan terhadap PT Tbk pun akan lebih banyak dibandingkan PT sebelum terbuka. Maka dalam hal ini pengaturannya pun harus lebih profesional. Untuk itu diperlukan standar untuk menjalankan PT dengan baik dan benar. Sehingga diperlukan pedoman Good corporate governance yang salah satunya merupakan konsep yang menekankan pentingnya hak pemegang saham untuk memperoleh informasi dengan benar, akurat, dan tepat waktu serta kewajiban perusahaan untuk mengungkapan (disclosure) secara akurat, tepat waktu, dan transparan mengenai semua informasi kinerja perusahaan, kepemilikan, dan stakeholder. Prinsip corporate governance diharapkan dapat meningkatkan kualitas laporan keuangan, yang pada akhirnya meningkatkan kepercayaan pemakai laporan keuangan, termasuk investor."