remains an open question. We investigate whether independent directors can effectively monitor tunneling activities after …

Purpose - This study aims to examine the effect of ownership concentration and foreign ownership on tunneling … three measurements to assess tunneling activities in a company, namely, related party receivables (TUL1), related party … concentration and foreign ownership had a negative effect on tunneling activity of TUL1. Meanwhile, the effect of ownership …

between political connection and tunneling. To achieve this goal, our study has examined all companies listed on the Indonesia … role in weakening political connections to tunneling. This shows that foreign institutional investors have a role in … reducing tunneling. These investors influence the behavior and performance of the company, so, even though the company has …