Board member duality, agency costs, performance, and accountability: the evidence in parent and subsidiary of state-owned enterprises in Indonesia

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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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