USD Conference Systems, The 3rd International Conference on Economics, Business, and Management Research (ICEBMR)

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POLITICAL CONNECTION, AUDIT COMMITTEE CHARACTERISTICS, AND RELATED PARTY TRANSACTIONS DISCLOSURE IN INDONESIAN COMPANIES – A QUALITATIVE RESEARCH
Hastuti Widyaningsih, Didi Achjari, Rusdi Akbar, Fuad Rakhman

Last modified: 2024-05-04

Abstract


Related party transactions (RPTs) is a phenomenon that occurs in companies in Indonesia, because the majority of companies in Indonesia are group companies.  This study aims to reveal how political connection of supervisory board and audit committee characteristics have an effect on RPTs disclosure.  In-depth interviews were conducted with audit committee and external auditor.  This study found that political connection and audit committee characteristics play a role in RPTs disclosure.


Keywords


Related Party Transactions Disclosure; political connection; audit committee characteristics.

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