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Thisthesisdiscussesabouttheinfluenceoffamilyownershiponlevelofbusinesssegmentdiversificationinrelationtoagencyproblem.Risk-aversecharactertendencyoffamily?sforsurvivingbusinessispresumedtocreateagencyconflicttoothernon-familystockholdersbecauseofinefficientinvestmentdecisions.Oneofthosedecisionsisdiversifyingbusinessthroughsegments.Thisresearchusescontrolvariableswhichincludesmajornon-familystockholders,independentcommissioners,leverage,size,profit,risk,age,andcashholdings.DatawereresearchedbyfixedeffectmethodafterpeviouslydoingChowTestandHausmanTestforchoosingtherightresearchmethod.Theresultofthisresearchshowsthatfamilyownershiphassignificantlynegativeinfluenceonlevelofbusinesssegmentdiversification.Thismeansthatagencyconflictdoesnotoccurbecausefamilymakeefficientinvestmentdecisionbyconcerningaboutothernon-familystockholders?welfare.Ada tabel
Call Number | Location | Available |
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6946 | PSB lt.2 - Karya Akhir | 1 |
Penerbit | Depok: Progran Studi Departemen Ilmu Akuntansi Fakultas Ekonomi Universitas Indonesia 2010 |
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Edisi | - |
Subjek | Business management Diversification Family ownership Family firm |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | xii, 75 p. : diagr. ; 30 cm |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |