The purposes of this research are:1. To examine the direct effect of corporate governance mechanisms infl uential in earnings persistence of the fi rm. 2. To examine the direct effects of corporate governance mechanisms infl uential in accounting data measured by the total return of the fi rm. 3. To examine earnings persistence infl uential in accounting data directly measured by the total return of the fi rm to check whether corporate governance mechanisms get directly infl uential in earnings persistence indirectly effective to accounting data measured by the total return of the fi rm.