Corporate risk-taking behaviour: Corporate governance perspective

This study examines the effect of corporate governance which represented by board of directors, audit committee, managerial compensations, and ownership concentration toward corporate risk-taking behaviour in manufacturing companies during the period of 2013-2017. Samples were collected using a purposive sampling method with a total of 69 companies, thus there were 345 observations over 5 years. Regressioon analysis shows that managerial compensations and ownership concentration are positively affect the corporate risk-taking. The members of board of directors are negatively affect the corporate risk-taking. Meanwhile, the audit committee size is insignificantly affect the corporate risk-taking behaviour in manufacturing companies listed in Indonesia.