The Influence Of Multiple Large Institutional Shareholder And Corporate Governance On Expropriation With Family Ownership As Moderating Variable

Sari, Putri Malynda Kartika (2018) The Influence Of Multiple Large Institutional Shareholder And Corporate Governance On Expropriation With Family Ownership As Moderating Variable. Sarjana thesis, Universitas Brawijaya.

Abstract

Konflik keagenan yang terjadi di Indonesia antara pemegang saham pengendali dan pemegang saham non-pengendali menyebabkan terjadinya praktik ekspropriasi dikarenakan struktur kepemilikan terkonsentrasi yang terjadi di Indonesia. Penelitian ini bertujuan untuk menguji pengaruh multiple large institutional shareholder dan mekanisme tata kelola terhadap praktik ekspropriasi di perusahan publik Indonesia dengan dimoderasi kepemilikan keluarga. Populasi di dalam penelitian ini adalah perusahan publik di Indonesia. Pemilihan sampel menggunakan teknik purposive sampling menghasilkan 97 sampel. Hasil dari penelitian ini menunjukan bahwa multiple large institutional shareholder dan tata kelola berpengaruh negative terhadap ekspropriasi. Sedangkan, kepemilikan keluarga tidak berpengaruh terhadap ekspropriasi. Penelitian ini berkontribusi pada teori agensi tipe II yang membahas konflik pemegang saham pengendali dan non-pengendali, yang dapat diatasi dengan menggunakan mekanisme tata kelola. Kata kunci:

English Abstract

The agency conflicts between the controlling shareholder and the non-controlling shareholder will lead expropriation because of the concentrated ownership structure that occurred in Indonesia. This research primarily aims to examine the effect of multiple large shareholder and corporate governance on expropriation with family ownership as moderating variable among Indonesian public companies. The population research is Indonesian public companies. Sample is selected using purposive sampling technique resulted in 97 samples. The results show that multiple large institutional shareholder and corporate governance give a negative affect to the expropriation. While, family ownership 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/2018/696/051900191
Uncontrolled Keywords: Ekspropriasi, Transaksi Pihak Berelasi, Multiple Large Institutional Shareholder, Tata Kelola, Family Ownership, Expropriation, Related Party Transaction, Multiple Large Institutional Shareholder, Corporate Governance, Family Ownership
Subjects: 300 Social sciences > 332 Financial economics > 332.6 Investment > 332.63 Specific forms of investment > 332.632 Securities, real estate, commodities > 332.632 2 Stocks (Shares)
Divisions: Fakultas Ekonomi dan Bisnis > Akuntansi
Depositing User: Nur Cholis
Date Deposited: 18 Oct 2019 06:41
Last Modified: 20 Oct 2021 14:26
URI: http://repository.ub.ac.id/id/eprint/164872
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