Ownership Structure, Global Competitiveness, Dan Credit Rating

Suspajati, Septian Viyata (2016) Ownership Structure, Global Competitiveness, Dan Credit Rating. S1 thesis, STIE Indonesia Banking School.

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Official URL: http://lib.ibs.ac.id/index.php?p=show_detail&id=26...

Abstract

ASEAN Economic Community has made the competition between it’s member even fiercer. Because of it, these nation must now need a competitive edge if they want to stay in the game. Every year the World Economic Forum released the global competitiveness index. Competitiveness pushes the banking industry to have a good corporate governance one of which in it is ownership structure, which is made out of blockholders, institutional ownership, and insider owneThe method of sampling for this research uses a purposive sampling with the data taken from every banking establishment around the ASEAN region. While doing an examination of the research using the ordered logit model. This study found that blockholders, insider ownership, and global competitiveness index have a significant influence towards credit rating but, an institution ownership does not have a significant influence towards credit rating. The bigger the blockholders ownership, the bigger it’s power to push their management to obeying their choices. In this research found that the insider ownership majority are owned by the board of commissioners. Because of that, they could increase surveillance towards management and in doing so depressing management’s decisions. Company performance that are seen as good will be viewed positively by the credit rating agency, doing so their competitiveness would increase and in turn their credit rating would be better also. The institutional ownership isn’t influencing significantly because banking establishments in ASEAN are a regulated firm.

Item Type: Thesis (S1)
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Divisions: KODEPRODI62201#Akuntansi
Depositing User: Mrs. Deli Apsa
Date Deposited: 02 Jul 2020 05:50
Last Modified: 26 Aug 2020 04:15
URI: http://repository.ibs.ac.id/id/eprint/421

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