Board member duality, agency costs, performance, and accountability: the evidence in parent and subsidiary of state-owned enterprises in Indonesia
Widodo, Agus Puruhitaarga Purnomo (2017) Board member duality, agency costs, performance, and accountability: the evidence in parent and subsidiary of state-owned enterprises in Indonesia. PhD thesis, Victoria University.
Abstract
The study of corporate governance of parent and subsidiary companies in the State- Owned Enterprises (BUMN) in Indonesia has received little attention from the public. In fact, an interlocking directorship between a parent company and a subsidiary is a common occurrence in BUMN in Indonesia; it is called “board member duality”, a new terminology proposed in this research. This terminology refers to the director of a parent company who is simultaneously serving as the commissioner of a subsidiary company. This addresses the gap found among several types of director duality which generally fall under CEO duality, Interlocking, and Multiple Directorships.
Additional Information | The Governance Research Program |
Item type | Thesis (PhD thesis) |
URI | https://vuir.vu.edu.au/id/eprint/34337 |
Subjects | Historical > FOR Classification > 1503 Business and Management Historical > FOR Classification > 1801 Law Current > Division/Research > College of Law and Justice |
Keywords | board members, corporate governance, SOE, history, law, company, companies, corporations |
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