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This is a Quantitative Study study.

Governance and internationalisation on firm performance: A case study in Indonesia and Malaysia

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Governance practices significantly influence financial performance, particularly through independent commissioners and board size.
The degree of internationalization also has a positive effect on financial performance, indicating the importance of global market access.
Using panel data from manufacturing companies, this study provides robust insights into governance and performance dynamics.
Findings emphasize the need for companies in Indonesia to optimize their governance structures for better investment outcomes.

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Analysis shows governance practices and internationalization significantly influence firm performance in Indonesia and Malaysia.

Murhadi et al. (2025) studied this question.

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