Transaction Costs and Corporate Governance of Sugar Mills in East Java - Indonesia

1. Introduction 1.1 Background 1.2 Problem Setting 1.3 Research Objectives 2. Theoretical Framework 2.1 Transaction Cost Economics 2.2 Ownership Problems and Corporate Governance 3. Research Methodology 3.1 Research Location 3.2 Data Sources 3.3 Method of Analysis3.4 Classification of Variables in the Sugar Mills 3.5 Measuring Transaction Costs of Sugar Mills 4. Results of Empirical Research 4.1 Configuration of Production and Transaction Costs of Sugar Mills 4.2 Production and Transaction Costs in the Sugar Mills 4.3 Comparison of Production and Transaction Costs in Kebon Agung and Ngadiredjo Sugar Mills 4.4 Corporate Governance Reform of Sugar Mills 5. Concluding Remarks References