References

Anderson, R.C. and D.M. Reeb, 2003. Founding‐family ownership, corporate diversification and firm leverage. J. Law Econ., 46: 653-684.
CrossRef  |  Direct Link  |  

Chen, J., L. Blenman and D.H. Chen, 2008. Does institutional ownership create values? The New Zealand case. Q. J. Finance Accounting, 47: 109-124.
Direct Link  |  

Cheung, Y.L., P.R. Rau and A. Stouraitis, 2006. Tunneling, propping and expropriation: Evidence from connected party transactions in Hong Kong. J. Fin. Econ., 82: 343-386.
CrossRef  |  Direct Link  |  

Claessens, S., S. Djankov and L.H.P. Lang, 2000. The separation of ownership and control in East Asian corporations. J. Financial Econ., 58: 81-112.
CrossRef  |  

Dyanti, V., 2013. Effect of controlling interest end of transactions with related parties. Master Thesis, University of Indonesia, Depok, Indonesia. (In: Indonesia).

Easterbrook, F.H., 1984. Two agency-cost explanations of dividends. Am. Econ. Rev., 74: 650-659.
Direct Link  |  

Faccio, M. and L.H. Lang, 2002. The ultimate ownership of Western European corporations. J. Financial Econ., 65: 365-395.
CrossRef  |  

Jensen, M.C. and W.H. Meckling, 1976. Theory of the firm: Managerial behavior, agency costs and ownership structure. J. Financial Econ., 3: 305-360.
CrossRef  |  Direct Link  |  

La Porta, R., F. Lopez‐De‐Silanes and A. Shleifer, 1999. Corporate ownership around the world. J. Finance, 54: 471-517.
CrossRef  |  Direct Link  |  

Lemmon, M. L. and K.V. Lins, 2003. Ownership structure, corporate governance and firm value: Evidence from the East Asian financial crisis. J. Finan., 58: 1445-1468.
CrossRef  |  

Nielsen, K.M., 2008. Institutional investors and private equity. Rev. Finance, 12: 185-190.
CrossRef  |  Direct Link  |  

Sari, R.C., 2010. Tunneling and prediction models: Empirical evidence on transactions with related parties. Ph.D Thesis, Gadjah Mada University, Yogyakarta, Indonesia. (In: Indonesian)

Shleifer, A. and R.W. Vishny, 1986. Large shareholders and corporate control. J. Political Econ., 94: 461-488.
Direct Link  |  

Shleifer, A. and R.W. Vishny, 1997. A survey of corporate governance. J. Finance, 52: 737-783.
CrossRef  |  Direct Link  |  

Siregar, B., 2007. Separation of cash flow rights and rights in ownership structure ultimate control. Ph.D Thesis, Gadjah Mada University, Yogyakarta, Indonesia. (In: Indonesian)

Wicaksono, A.A., 2002. Effect of managerial ownership structure and the public, company size, EBIT-Sales and total debt-Total assets the company has value go public and listed on the Jakarta Stock Exchange. Master Thesis, Diponegoro University, Semarang, Indonesia. (In: Indonesian)