Denta, D. and Kufepaksi, Mahatma and Hendrawaty, Ernie (2020) Government intervention and investment efficiency in Indonesian companies. The Future Opportunities and Challenges of Business in Digital Era 4.0. pp. 187-190.

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ABSTRACT: This study aims to investigate government intervention, an action that can cause inefficiency in companies’ investment. The population in this study were 41 mining com­ panies listed on the Indonesia Stock Exchange in 2015-2018, while the samples sorted by random sampling were 10 companies. This research investigates two matters about interven­ tion. First, it compares the efficiency of investment between SOEs and non-SOEs. Further­ more, it investigates the intervention of whether the company director or commissioner is politically connected to the government. This study used investment theory, agency theory, information asymmetry. It is assumed that government intervention has more influence on the efficiency of State-Owned Enterprise (SOE) companies investment than non-SOEs. Also, com­ panies whose directors or commissioners are politically connected with the government have less efficient investment activities.

Item Type: Article
Subjects: H Social Sciences > HG Finance
Divisions: Fakultas Ekonomi dan Bisnis (FEB) > Prodi Manajemen
Date Deposited: 12 Nov 2020 02:14
Last Modified: 12 Nov 2020 02:14

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