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.