Pengaruh Corporate Governance Dan Karakteristik Perusahaan Terhadap Luas Pengungkapan Transaksi Pihak Berelasi Di Indonesia

The objective of this study is to analyze the effect of company’s ownership through pyramid structure, and related party transaction disclousure, on expropriation practices, with corporate governance as moderating variable. Analytical technique used is hierarchical regression analysis for testing hypotheses developed in this study. Research population is a manufacturing company listed in Indonesia Stock Exchange (IDX) during years 2014-2016, and the sample is selected using purposive sampling method. The results of this study fails to prove effect of company’s ownership through pyramid structure, and related party transaction disclousure on expropriation practices. Furthermore, this study indicates the corporate governance can to increase the level of related party transactions disclosure, but has not been to reduce the expropriation practices caused by company’s ownership through pyramid structure. This study contributes to the theory of agency type II which discusses conflict of interest between controlling and non-controlling shareholders, and especially the problem of information asymmetry, which can be minimized by the role of corporate governance.

show abstract

“…Pengungkapan transaksi pihak berelasi didasarkan pada penelitian (Apriani, 2015;Juvita et al, 2013;C. A. Utama, 2015).…”

Section: Ekspropriasiunclassified

Pyramid of Structure, Pengungkapan Transaksi Pihak Berelasi, dan Tata Kelola Perusahan : Indikasi Ekspropriasi

Malawat

Sutrisno

Subekti

2018

JEM

View full text Add to dashboard Cite

show abstract

“…This study aimed to prove the effects of IO on the disclosure of RPTs. This study adapted Apriani's model [4] for the control variable and the independent variable of El-Diftar [15] to test its influence. In the 2012-2015 timeframe, this study obtained 442 firm-years' samples.…”

Section: Discussionmentioning

confidence: 99%

“…The research model used to test the hypotheses is based on Apriani [4], with the alteration of institutional ownership as the independent variables. This study used two models with the same dependent variable to test the three hypotheses.…”

Section: Methodsmentioning

confidence: 99%

“…Both models use the same control variables, (LNTA), leverage (LEV), return-on-assets (ROA), the natural logarithm of listing age (LNAG), and a dummy variable (BLOCK), if the institutional ownership holds more than 20%. The dependent variable is disclosure of RPT (DiscRPT), which follows methods from previous work [4], as presented below:…”

Section: Methodsmentioning

confidence: 99%

“…Previous studies in Indonesia found that RPT disclosures were aligned to family ownership [3] and concentrated ownership [4]. Internationally, the research of Hwang, et al [5] suggested that Taiwanese ownership of firms operating in China was also associated with RPT disclosures.…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

The Effect of Institutional Ownership on Disclosure of Related Party Transactions: Empirical Evidence from Indonesian Publicly Listed Companies

Ferdi¹,

Rossieta²

2019

Proceedings of the Asia Pacific Business and Economics Conference (APBEC 2018)

View full text Add to dashboard Cite

According to the Indonesian Statement of Financial Accounting Standard (PSAK) No. 7, "related parties" are persons or entities with important associations with the reporting entities. Therefore, related parties could significantly influence those entities. This study investigates whether institutional ownership influences transparency in terms of disclosures of related party transactions. This study introduces two types of related parties not having been addressed in previous studies: active and passive. Transparency of related-party disclosure is hypothesized to be associated with institutional ownership. Using listed Indonesian companies for the period 2012-2015, this study tests that hypothesis using a linear regression model. Empirical test results show that institutional ownership positively influences disclosures of related party transactions. However, when aggregate ownership is divided into two categories, the results differ. Passive institutional ownership shows no influence on disclosure, whereas active institutional ownership shows positive influence.

show abstract

Production of LiNi0.6Mn0.2Co0.2.2O2 via fast oxalate precipitation for Li-ion

Jumari¹,

Stulasti²,

Halimah³

et al. 2020

The 5th International Conference on Industrial, Mechanical, Electrical, and Chemical Engineering 2019 (Icimece 2019)

View full text Add to dashboard Cite

Pengaruh Corporate Governance Dan Karakteristik Perusahaan Terhadap Luas Pengungkapan Transaksi Pihak Berelasi Di Indonesia

Abstract: The purpose of this study is to examine the influence of corporate governance and firms characteristics to the extent of disclosure of related party transactions. The

Cited by 10 publications

References 1 publication

Pyramid of Structure, Pengungkapan Transaksi Pihak Berelasi, dan Tata Kelola Perusahan : Indikasi Ekspropriasi

Pyramid of Structure, Pengungkapan Transaksi Pihak Berelasi, dan Tata Kelola Perusahan : Indikasi Ekspropriasi

The Effect of Institutional Ownership on Disclosure of Related Party Transactions: Empirical Evidence from Indonesian Publicly Listed Companies

Production of LiNi0.6Mn0.2Co0.2.2O2 via fast oxalate precipitation for Li-ion

Contact Info

Product

Resources

About