The Impact of Debt Covenants Violation on Monitorting Activities

被引：0
|
作者：
Kania, Jayanti [1 ]
Fitriany, Fitriany [1 ]
机构：
[1] Univ Indonesia, Depok, Indonesia
来源：
VISION 2020: SUSTAINABLE ECONOMIC DEVELOPMENT AND APPLICATION OF INNOVATION MANAGEMENT | 2018年
关键词：
Violation of Debt Covenant; Audit Committee; Board of Commissioner; CORPORATE GOVERNANCE; FIRM; RIGHTS; COST;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study aimed to prove that debt covenant violations have impact on firm's monitorting activities. The monitoring activities referred in this study was related to the activities and effectivenesss of the board of commissioners. The samples used in this study were loan agreements owned by non-financial public companies listed on the Indonesia Stock Exchange from 2012 to 2015. This study found evidence that the activities and effectiveness of the audit committee is affected by the debt covenant violations. However, this study also found that the activities and effectiveness of the board of commissioners isn't affected by the debt covenant violations
引用
收藏
页码：5390 / 5400
页数：11
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