Development of tunneling detection model: a new corporate performance improvement
Tunneling through related party transactions is one of the most challenging aspects in corporate governance. In addition, the impact of tunneling activities may affect to corporate governance’s performance in most of Asian countries. Yet, studies on the effectiveness of corporate governance in relat...
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| Format: | Article |
| Language: | en |
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Penerbit Universiti Kebangsaan Malaysia
2016
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| Online Access: | http://journalarticle.ukm.my/10821/1/11369-48602-1-PB.pdf http://journalarticle.ukm.my/10821/ http://ejournal.ukm.my/pengurusan/issue/view/883 |
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| author | Sari, Ratna Candra Fatimah, P.L. Rika Djajadikerta, Hadrian Geri |
| author_facet | Sari, Ratna Candra Fatimah, P.L. Rika Djajadikerta, Hadrian Geri |
| author_sort | Sari, Ratna Candra |
| building | Tun Sri Lanang Library |
| collection | Institutional Repository |
| content_provider | Universiti Kebangsaan Malaysia |
| content_source | UKM Journal Article Repository |
| continent | Asia |
| country | Malaysia |
| description | Tunneling through related party transactions is one of the most challenging aspects in corporate governance. In addition, the impact of tunneling activities may affect to corporate governance’s performance in most of Asian countries. Yet, studies on the effectiveness of corporate governance in relation to tunneling are still limited and the results have been inconclusive. This study tries to develop a detection model to distinguish related party transactions that can be categorised as tunneling activities. Furthermore, this study also examines whether corporate governance mechanisms can explain the tunneling activities. The main findings of this study suggest that companies, in Indonesian listed companies, with concentrated ownerships have a greater tendency to conduct tunneling transactions compared to companies with dispersed ownerships, and the overall corporate governance mechanisms implemented by the companies could not be used as predictors for tunneling behaviour. |
| format | Article |
| id | my-ukm.journal-10821 |
| institution | Universiti Kebangsaan Malaysia |
| language | en |
| publishDate | 2016 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| record_format | eprints |
| spelling | my-ukm.journal-108212017-10-11T08:20:13Z http://journalarticle.ukm.my/10821/ Development of tunneling detection model: a new corporate performance improvement Sari, Ratna Candra Fatimah, P.L. Rika Djajadikerta, Hadrian Geri Tunneling through related party transactions is one of the most challenging aspects in corporate governance. In addition, the impact of tunneling activities may affect to corporate governance’s performance in most of Asian countries. Yet, studies on the effectiveness of corporate governance in relation to tunneling are still limited and the results have been inconclusive. This study tries to develop a detection model to distinguish related party transactions that can be categorised as tunneling activities. Furthermore, this study also examines whether corporate governance mechanisms can explain the tunneling activities. The main findings of this study suggest that companies, in Indonesian listed companies, with concentrated ownerships have a greater tendency to conduct tunneling transactions compared to companies with dispersed ownerships, and the overall corporate governance mechanisms implemented by the companies could not be used as predictors for tunneling behaviour. Penerbit Universiti Kebangsaan Malaysia 2016 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/10821/1/11369-48602-1-PB.pdf Sari, Ratna Candra and Fatimah, P.L. Rika and Djajadikerta, Hadrian Geri (2016) Development of tunneling detection model: a new corporate performance improvement. Jurnal Pengurusan, 48 . pp. 33-46. ISSN 0127-2713 http://ejournal.ukm.my/pengurusan/issue/view/883 |
| spellingShingle | Sari, Ratna Candra Fatimah, P.L. Rika Djajadikerta, Hadrian Geri Development of tunneling detection model: a new corporate performance improvement |
| title | Development of tunneling detection model: a new corporate
performance improvement |
| title_full | Development of tunneling detection model: a new corporate
performance improvement |
| title_fullStr | Development of tunneling detection model: a new corporate
performance improvement |
| title_full_unstemmed | Development of tunneling detection model: a new corporate
performance improvement |
| title_short | Development of tunneling detection model: a new corporate
performance improvement |
| title_sort | development of tunneling detection model: a new corporate
performance improvement |
| url | http://journalarticle.ukm.my/10821/1/11369-48602-1-PB.pdf http://journalarticle.ukm.my/10821/ http://ejournal.ukm.my/pengurusan/issue/view/883 |
| url_provider | http://journalarticle.ukm.my/ |