POLITICAL CONNECTION, AUDIT COMMITTEE CHARACTERISTICS, AND RELATED PARTY TRANSACTIONS DISCLOSURE IN INDONESIAN COMPANIES – A QUALITATIVE RESEARCH

Hastuti Widyaningsih; Didi Achjari; Rusdi Akbar; Fuad Rakhman

doi:10.24071/icebmr.v3i1.105

Authors

Hastuti Widyaningsih Universitas Gadjah Mada Author
Didi Achjari Universitas Gadjah Mada Author
Rusdi Akbar Universitas Gadjah Mada Author
Fuad Rakhman Universitas Gadjah Mada Author

DOI:

https://doi.org/10.24071/icebmr.v3i1.105

Keywords:

Related Party Transactions Disclosure, political connection, audit committee characteristics

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.

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