Instead of traditional principal–agent conflicts espoused in most research dealing with developed economies, principal–principal conflicts have been identified as a major concern of corporate governance in emerging economies. Principal–principal conflicts between controlling shareholders and minority shareholders result from concentrated ownership, extensive family ownership and control, busine...

P Taxes are the largest income in Indonesia, but there still many tax-payer who negligent fulfilling their tax obligations. The companies think that high payments reduce operating profits and hinder development of company. Company managers often commit fraud order to get large profits, which is why corporate governance very necessary controlling This research was conducted test effect Good Corp...

The governance life-cycle, is here defined as changes in ownership structure, and including both the identity of the major owner and ownership concentration. The cycle is marked by key events and phases including start-up, initial growth, mature growth, and possibly a crisis and restructuring stage or exit stage. The governance cycle for transitional countries reflects some specific characteris...

125 words) This paper explores the effects of recent governance reforms and foreign ownership change on Japanese corporate performance. We attempt to show whether recent governance reforms are truly motivated by a new focus on improving shareholder returns, or reflect a response to institutional isomorphism. We tested the agency theory derived hypotheses and found that only the increase in fore...

findings The 1992 Czechoslovakia mass privatization program cxpect that two firms with different shareholding involving about 1,500 enterprises and implemented structures, but otherwise identical, would trade at through a voucher scheme with competitive bidding was different prices-with the firm with a more a bold step in changing the ownership and governance of concentrated ownership, and pres...

This paper reviews the empirical literature on the corporate governance of banks. We start by highlighting the main differences between banks and non-financial firms and focus on three characteristics which make banks special: (i) regulation, (ii) the capital structure of banks, and (iii) the complexity and opacity of their business and structure. Next, we discuss the characteristics of corpora...

We investigate the relationship of audit fees, outside directors and firms’ ownership, marketing and asset structures as alternative (external versus internal) monitoring mechanisms that can be used to control incentive conflicts in costly contracting environments, by exploiting variation in ownership within the Australian and UK life insurance industries. In mutuals, ownership rights are not t...

The purpose of this study is to analyze and describe the influence Good Corporate Governance which proxied by Institutional Ownership, Managerial Board Directors, Commissioners, Independent Commissioners Audit Committee on Financial Distress with Performance as a moderator. research population consists 170 manufacturing companies in 2020-2021 are listed Indonesia Stock Exchange (IDX). sample me...

Abstract: This research is to find out tax avoidance compared financial performance that affects corporate governance and capital intensity. Corporate indicators as independent variables consist of audit committee, quality, managerial ownership, institutional ownership commissioners. The indicator the dependent variable Earning Tax Rate (ETR). While for an intervening are Return on Assets (ROA)...