Ownership structure, corporate governance, and market discipline: Evidence from Indonesian banks

Yuana Budi Jaya; Viska Anggraita

Ownership structure, corporate governance, and market discipline: Evidence from Indonesian banks

Department of Accounting

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Abstract

This study examined the effect of ownership concentration, controlling shareholders, and corporate governance on market discipline in Indonesian banking. The research sample was 101 conventional commercial banks in Indonesia during 2013-2016. Using a dynamic data panel model, the study found that banks with foreign control and corporate governance negatively affected market discipline. In contrast to that result, the study also found that banks with government control and concentration had positive effect on market discipline. Results indicated that ownership structure and corporate governance impact market discipline in Indonesian banking.

Original language	English
Title of host publication	Accounting, Auditing, CSR, and the Taxation in a Changing Environment
Subtitle of host publication	A Study on Indonesia
Publisher	Nova Science Publishers, Inc.
Pages	155-173
Number of pages	19
ISBN (Electronic)	9781536165180
ISBN (Print)	9781536162776
Publication status	Published - 1 Jan 2019

Keywords

Banking sectors
Corporate governance
Market discipline
Ownership structure

Cite this

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Ownership structure, corporate governance, and market discipline: Evidence from Indonesian banks

Abstract

Keywords

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