Pengaruh Product Market Competition, Disclosure Of Related Party Transactions, Cash Flow Rights, Dan Institutional Ownership Terhadap Related Party Transactions (Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2020 – 2023)

Abstract

This study aims to examine the effect of Product Market Competition, Disclosure of Related Party Transactions, Cash Flow Rights, and Institutional Ownership on Related Party Transactions in manufacturing companies listed on the Indonesia Stock Exchange during 2020–2023. This research is associative-causal in nature with a quantitative approach. The type of data used is secondary data from the financial statements of manufacturing companies for the 2020–2023 period obtained from the Indonesia Stock Exchange. The population of the study consists of 239 companies, and the sample was selected using purposive sampling, resulting in 40 companies with a total of 200 observations. The data analysis techniques employed in this study include descriptive statistics, classical assumption tests, panel regression analysis, and hypothesis testing using the EViews application. The results of this study demonstrate that, partially, Product Market Competition has a negative and significant effect on Related Party Transactions; Disclosure of Related Party Transactions has no effect on Related Party Transactions; Cash Flow Rights have a positive and significant effect on Related Party Transactions; and Institutional Ownership has a positive and significant effect on Related Party Transactions