JABE (Journal of Accounting and Business Education)
Volume 6, Issue 2, March 2022

Does Corporate Governance Matter in Decision Making of Stock Repurchases?

Aulia Herdiani ([Scopus ID: 57215585392] Universitas Negeri Malang)



Article Info

Publish Date
26 Mar 2022

Abstract

This research highlights the motivation of stock repurchase in Indonesia and how corporate governance influences the decision making to perform stock repurchases. Each country has different motivation to repurchase stocks. This study examines the motivation based on six stock repurchase hypotheses. Further, this study examines the interaction effect of both mechanisms. The data of stock repurchase were collected manually from the corporate events issued by the companies. The test is carried out based on two corporate governance mechanisms, internal and external mechanisms, which have different tendencies in the corporate governance supervision system. Based on the analysis results, stock repurchase in Indonesia is motivated to maintain the sustainability of the authority of the shareholders, especially due to fluctuated economic conditions.

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Journal Info

Abbrev

jabe

Publisher

Subject

Economics, Econometrics & Finance Education

Description

JABE (JOURNAL OF ACCOUNTING AND BUSINESS EDUCATION), p-ISSN 2528-7281 and e-ISSN 2528-729X is a blind peer-reviewed and open access journal published twice a year (March and September). JABE aims to help researchers publish their work for wider audience and discover new connections. We Consider ...