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Government ownership, human resources disclosure, and firm performance:
Evidence from the banking industry in Indonesia
The purpose of this study is to investigate the relationship between government
ownership and the company's financial performance and to what extent human resource
disclosure affects this relationship. This study uses 129 observations of companies in
the banking industry listed on the Indonesia Stock Exchange (IDX) from 2014 to 2016
and uses ordinary least square (OLS) regression analysis to test the hypotheses. The
result shows that government ownership has a positive relationship on a company's
financial performance. Furthermore, the result also shows that extent to which human
resources disclosure strengthens the relationship between government ownership and
financial performance. For investors, this study implies that greater disclosure on human
resource capital of government owned companies is a signal for better firm performance
a) Zulaikah S.
b) Larasati D.A.
c) Harymawan I.
International Journal of Innovation, Creativity and Change
Accruals quality, Audit quality, Auditor independence, Economic bonding,
Knowledge spillover, Non-audit services
Please Cite As:
Zulaikah, S., Larasati, D. A., & Harymawan, I. (2019). Government ownership,
human resources disclosure, and firm performance: Evidence from the banking
industry in indonesia. International Journal of Innovation, Creativity and Change,
9(8), 238-264. doi:10.1002/9781118100509.ch@