Tunneling : related party transactions of ASEAN listed firms
Using 800 firm-year observations from five ASEAN countries 2006 – 2009 this thesis derives important insights on related party transactions to tunnel firm value from minority shareholders. Multiple regression results do not support the negative association between regulatory and competitive business...
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| Format: | Thesis |
| Language: | English |
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Curtin University
2012
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| Online Access: | http://hdl.handle.net/20.500.11937/1980 |
| _version_ | 1848743823986917376 |
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| author | Juliarto, Agung |
| author_facet | Juliarto, Agung |
| author_sort | Juliarto, Agung |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Using 800 firm-year observations from five ASEAN countries 2006 – 2009 this thesis derives important insights on related party transactions to tunnel firm value from minority shareholders. Multiple regression results do not support the negative association between regulatory and competitive business environments with the extent of tunneling. There is strong evidence of a positive association between family ownership and a negative linkage between firms’ foreign ownership and tunneling. Regulators need to evolve more effective governance mechanisms. |
| first_indexed | 2025-11-14T05:51:42Z |
| format | Thesis |
| id | curtin-20.500.11937-1980 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T05:51:42Z |
| publishDate | 2012 |
| publisher | Curtin University |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-19802017-02-20T06:39:41Z Tunneling : related party transactions of ASEAN listed firms Juliarto, Agung regulatory and competitive business ASEAN firms firm value party transactions tunneling Using 800 firm-year observations from five ASEAN countries 2006 – 2009 this thesis derives important insights on related party transactions to tunnel firm value from minority shareholders. Multiple regression results do not support the negative association between regulatory and competitive business environments with the extent of tunneling. There is strong evidence of a positive association between family ownership and a negative linkage between firms’ foreign ownership and tunneling. Regulators need to evolve more effective governance mechanisms. 2012 Thesis http://hdl.handle.net/20.500.11937/1980 en Curtin University fulltext |
| spellingShingle | regulatory and competitive business ASEAN firms firm value party transactions tunneling Juliarto, Agung Tunneling : related party transactions of ASEAN listed firms |
| title | Tunneling : related party transactions of ASEAN listed firms |
| title_full | Tunneling : related party transactions of ASEAN listed firms |
| title_fullStr | Tunneling : related party transactions of ASEAN listed firms |
| title_full_unstemmed | Tunneling : related party transactions of ASEAN listed firms |
| title_short | Tunneling : related party transactions of ASEAN listed firms |
| title_sort | tunneling : related party transactions of asean listed firms |
| topic | regulatory and competitive business ASEAN firms firm value party transactions tunneling |
| url | http://hdl.handle.net/20.500.11937/1980 |