Detail Foreignness and firm profitability in indonesian firms: the effects of directors, education, and ownership (presented at The 5th International Conference on Governance and Accountability (ICGA) 28-30 August 2018, Belitung, Indonesia) Bibliografi Author: Wijaya, Jeremy Surya ; Pangestu, Stevanus Topik: foreign director; foreign ownership; corporate governance; firm performance; education; JABFUNG-FEB-STPANG-2020-06 Bahasa: (EN )     Penerbit: International Conference on Governance and Accountability (ICGA)     Tempat Terbit: Belitung, Indonesia    Tahun Terbit: 2018     Jenis: Papers/Makalah - pada seminar internasional Fulltext: Wijaya and Pangestu (2018).pdf (384.99KB; 3 download) B7 Pangestu sertifikat and prosiding and artikel ICGA 2019.pdf (5.75MB; 6 download) Abstract The ASEAN Economic Community opens up the proverbial borders of Indonesia to its neighbouring countries. Foreigners would soon pour into the economy of Indonesia, even more than the present time. The purpose of this study is to investigate the effects of foreign directors, foreign education, and foreign ownership on Indonesian firm performance, measured with Return on Assets (ROA). We attempt to assess whether these foreign qualities would positively or negatively influence Indonesian companies. Our longitudinal dataset comprises 367 public non-financial corporations over a 4-year period, 2013-2016 (n= 1,468). Based on panel regression, we find that foreign education negatively influences ROA. The incompatibility between what was learned in foreign educational institution and real practices in Indonesian environment might cause this negative effect. Meanwhile, the existence of foreign directors and foreign ownership do not significantly affect ROA. The minority presence of these foreign investors and directors might render the results insignificant. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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