Purnamasari1, L. and Hasnawati, Sri and Hendrawaty, Ernie (2020) The relations of family ownership, characteristics of board of directors, and company performance. The Future Opportunities and Challenges of Business in Digital Era 4.0. pp. 183-186.
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Abstract
ABSTRACT: This study examined the effect of family ownership and characteristics of the board of directors on company performance. The companies in this study are manu facturing companies listed on the Indonesia Stock Exchange in 2016-2018. Based on pre vious studies, family ownership has a negative impact on company performance. This is likely due to interest differences between family ownership and company management, which causes agency conflicts. Hence, to reduce these negative effects, family-owned com panies can place their family members in company management, such as the company’s board of directors. Thus, all activities and corporate decision making can be controlled, and agency conflict can be avoided.
Item Type: | Article |
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Subjects: | H Social Sciences > HG Finance |
Divisions: | Fakultas Ekonomi dan Bisnis (FEB) > Prodi Manajemen |
Depositing User: | DR ERNIE HENDRAWATY |
Date Deposited: | 12 Nov 2020 02:14 |
Last Modified: | 12 Nov 2020 02:14 |
URI: | http://repository.lppm.unila.ac.id/id/eprint/24979 |
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