Faktor Penentu Transaksi Pihak Berelasi:  Struktur Kepemilikan dan Tingkat Pengungkapan

Nur Astri Sari; Budi Artinah

Faktor Penentu Transaksi Pihak Berelasi: Struktur Kepemilikan dan Tingkat Pengungkapan

Nur Astri Sari, Budi Artinah

Abstract

The objective of this study examines the effect of ownership structure and related party transaction disclosure to the size of related party transaction on companies included in LQ45 index in Indonesia Stock Exchange for the period 2016. This study is using disclosure guidelines from OJK Regulation No VIII.G.7 and PSAK 7 (Adjustment 2015). The result shows that related party transaction disclosure has no significant effect on related party transactions. On the other hand, concentrated ownership has a significant positive effect on related party transactions. It shows that concentrated ownership can lead to agency conflicts between majority and minority shareholders through the practice of related party transactions.

Keywords

Ownership concentration; Ownership structure; Related party transaction disclosure; Related party transaction disclosure

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