The Influence Of Corporate Governance On Expropriation

Parahi, Fitrianna (2018) The Influence Of Corporate Governance On Expropriation. Sarjana thesis, Universitas Brawijaya.

Abstract

Struktur kepemilikan di Indonesia menyebabkan munculnya konflik keagenan antara pemegang saham pengendali dan pemegang sahamm non-pengendasi yang dikenal dengan masalah agensi tipe II. Masalah ini akan menimbulkan ekspropriasi oleh pemegang saham pengendali untuk memaksimalkan keuntungan mereka sendiri terhadap pemegang saham non-pengendali. Penelitian ini bertujuan untuk menguji pengaruh tata kelola terhadap praktik ekspropriasi. Populasi di dalam penelitian ini adalah perusahan public di Indonesia tahun 2016. Pemilihan sampel menggunakan teknik purposive sampling menghasilkan 91 sampel. Hasil dari penelitian ini menunjukan bahwa rekomendasi tata kelola, frekuensi rapat dewan komisaris dan komite audit berpengaruh terhadap ekspropriasi. Sedangkan, komisaris independen tidak berpengaruh terhadap ekspropriasi. Penelitian ini berkontribusi pada teori agensi tipe II yang membahas konflik pemegang saham pengendali dan nonpengendali, yang dapat diatasi dengan menggunakan mekanisme tata kelola.

English Abstract

The concentrated ownership structure in Indonesian company led to agency conflicts between controlling shareholder and minority shareholder, agency problem type II. This problem may lead to expropriation used by the controlling shareholder to maximize their own interest against the minority shareholders. This research primarily aims to examine the effect of corporate governance on expropriation. The population research is Indonesian public companies in 2016. Sample is selected using purposive sampling technique resulted in 91 samples. The results show that corporate governance recommendations, frequency of board commissioner meeting and frequency of audit committee meeting affect to the expropriation. While, independent board commissioner does not affect to the expropriation. This study contributes to agency theory type II, conflicts between controlling and minority shareholders, which can be overcome through corporate governance.

Item Type: Thesis (Sarjana)
Identification Number: SKR/FE/2018/268/051805539
Uncontrolled Keywords: tata kelola, ekspropriasi, transaksi pihak berelasi,, teori agensi tipe 2, corporate governance, expropriation, related party transaction, agency theory type II
Subjects: 600 Technology (Applied sciences) > 658 General management > 658.4 Executive management
Divisions: Fakultas Ekonomi dan Bisnis > Akuntansi
Depositing User: Nur Cholis
Date Deposited: 28 Mar 2019 06:40
Last Modified: 20 Oct 2021 04:22
URI: http://repository.ub.ac.id/id/eprint/163920
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