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All Journal Universitas Muhammadiyah Yogyakarta Undergraduate Conference Proceeding
Putri, Yani Prasetya
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Agriculture, Biological Sciences & Forestry Civil Engineering, Building, Construction & Architecture Economics, Econometrics & Finance Education Public Health Social Sciences

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Political Connection for Sustainability: The Role of Ownership Type in Determining Management Compensation Putri, Yani Prasetya; Kresnawati , Etik
Proceedings of Universitas Muhammadiyah Yogyakarta Graduate Conference Vol. 4 No. 1 (2024): Renewable Energy, Environment, and Technology for Sustainable Transformation
Publisher : Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/grace.v4i1.674

Abstract

This study aims to examine whether there are differences in management team compensation of different ownership types and their role in moderating the effect of political connections on management team compensation. The population of this study were all companies listed on the IDX in 2018-2022 with sampling techniques using purposive sampling. The test results using the Fixed Effect Model show that there is no difference in management team compensation in different ownership types. On the other hand, the type of company ownership strengthens the influence of political connections on team compensation management. These results strengthen the notion that non-SOE companies utilize political connections to sustain by providing higher rewards.
Co-Authors Kresnawati , Etik