Related Party Transactions Disclosure in Indonesian SOEs

Abstract

Government (hereafter BUMN) share ownership are types of share ownership other than family and foreign share ownership in Indonesian companies.  This study aims to differentiate related party transactions (hereafter RPTs) size and RPTs disclosure between BUMN and non-BUMN companies.  This study used the mean difference test.  The result shows that there are differences in RPTs size and RPTs transparency between companies with government ownership and other types of ownership. Companies with government ownership tend to have larger RPTs sizes but smaller transparency compared to companies with other types of ownership.