Pengaruh Managerial Ownership, Firm Size, Corporate Governance, Dan Ownership Concentration Terhadap Related Party Transaction (Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2019-2023)

Abstract

This study aims to examine the influence of Managerial Ownership, Firm Size, Corporate Governance, and Ownership Concentration on Related Party Transactions in manufacturing companies listed on the Indonesia Stock Exchange for the 2019-2023 period. The research employs a causal associative design with a quantitative approach. Secondary data from the financial statements of manufacturing companies during the 2019-2023 period were utilized. The study population consisted of 239 companies, and a purposive sampling technique was applied, resulting in a sample of 40 companies with a total of 200 observations. The data analysis techniques used in this study include descriptive statistics, classical assumption tests, multiple linear regression analysis, and hypothesis testing. The findings reveal that, partially, Managerial Ownership has a negative effect on Related Party Transactions; Firm Size has a positive effect on Related Party Transactions; Corporate Governance has a negative effect on Related Party Transactions; and Ownership Concentration has a negative effect on Related Party Transactions.