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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Main Authors:	Sari, Ratna Candra, Fatimah, P.L. Rika, Djajadikerta, Hadrian Geri
Format:	Article
Language:	English
Published:	Penerbit Universiti Kebangsaan Malaysia 2016
Online Access:	http://journalarticle.ukm.my/10821/ http://journalarticle.ukm.my/10821/ http://journalarticle.ukm.my/10821/1/11369-48602-1-PB.pdf

id	ukm-10821
recordtype	eprints
spelling	ukm-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
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
language	English
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
author	Sari, Ratna Candra Fatimah, P.L. Rika Djajadikerta, Hadrian Geri
spellingShingle	Sari, Ratna Candra Fatimah, P.L. Rika Djajadikerta, Hadrian Geri Development of tunneling detection model: a new corporate performance improvement
author_facet	Sari, Ratna Candra Fatimah, P.L. Rika Djajadikerta, Hadrian Geri
author_sort	Sari, Ratna Candra
title	Development of tunneling detection model: a new corporate performance improvement
title_short	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_sort	development of tunneling detection model: a new corporate performance improvement
publisher	Penerbit Universiti Kebangsaan Malaysia
publishDate	2016
url	http://journalarticle.ukm.my/10821/ http://journalarticle.ukm.my/10821/ http://journalarticle.ukm.my/10821/1/11369-48602-1-PB.pdf
first_indexed	2023-09-18T19:58:31Z
last_indexed	2023-09-18T19:58:31Z
_version_	1777406691317383168

Development of tunneling detection model: a new corporate performance improvement

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