Zaitul, Zailtul (2021) Board of Commissioners Involvement and Shareholder’s Wealth. Board of Commissioners Involvement and Shareholder’s Wealth, 8. ISSN 2277-3878
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Abstract
Abstract: Using Continental European data on Indonesia, this research investigates the effect of Board of Commissionersinvolvement which is measured by responsibility, seniority,women participation and independency on shareholder’swealth. This paper is the first research that examines theassociation between Board of Commissioners involvement and shareholder’s wealth based on 249 Indonesia listed companies.Panel data analysis was used to assess whether the Board ofCommissioners responsibility and independency have positiveeffect on shareholder’s wealth. Based on the finding, seniorityand women involvement have a negative relationship withshareholder’s wealth. These findings have practical implication,i.e. the shareholders should consider the Board ofCommissioners involvement in appointing and dismissing them.Theoretically, these findings contributed to the agency theory inthe way that the Board of Commissioners involvement could reduce the agency cost and increase the wealth of shareholders. Index Terms: Board of Commissioners Involvement:shareholder’s wealth
Item Type: | Article |
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Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | Program Pascasarjana > Manajemen |
Depositing User: | Hermanto Hermanto |
Date Deposited: | 09 Jun 2021 07:47 |
Last Modified: | 09 Jun 2021 07:47 |
URI: | http://repo.bunghatta.ac.id/id/eprint/4057 |
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