Faculty Member

PROF. DR. LUKAS SETIA ATMADJA, M.SC., PH.D

Education
Research Activities
Professional Experience
Academic Activities

Doctor of Philosophy (Ph.D.) Finance, General. Monash University

Master of Science (M.S) Finance, General. University of Wisconsin-Madison

Published Writings:

  • Cross-Border Mergers and Acquisitions in China: A Test of the Free Cash Flow Hypothesis
    Indonesian Capital Market Review ISSN 1979-8997 Vol 6 No 2 2014 pp 87-97.
  • Wealth Effects of Private Placements: Evidence from Indonesia
    International Journal of Accounting and Finance Jan 2016, Vol. 6, Issue 2, pp. 145-165 ; Inderscience Pub.
  • The Impact of Family Control on Dividend Policy: Evidence from Indonesia
    International Research of Journal Business Studies (IRJBS) Vol. 9 No. 3 (2017) pp: 147-156.
  • The Co-Insurance Effect Hypothesis and The Cost of Bank Loans: Evidence from Indonesian Pyramidal Business Groups
    Global Finance Journal Volume 37 (2018) pp: 100- 122; Elsevier Publishing
  • Price Reaction to Rights Issues Announcement – New Evidence from Indonesia
    Journal of Applied Management (JAM), Vol. 17, No. 4 (2019).
  • Lending relationships, credit ratings, and bank loan spreads: evidence from Indonesian listed companies
    International Journal of Managerial Finance, Vol. 16 No. 4, pp. 455-479
  • Ownership dispersion across large shareholders and loan-syndicate structure
    Research in International Business and Finance 55 (2021) 101334.
  • The Governance Role of Independent Directors in Indonesian Family and Non-Family Firms
    Jurnal Keuangan dan Perbankan Vol 25, No 4 (2021).
  • Price reaction to rights issue announcements of family firms
    Investment Management and Financial Innovations, Volume 19, Issue 2, 2022.
  • Impact of family ownership, management, and generations on IPO underpricing and long-run performance
    Investment Management and Financial Innovations, Volume 18, Issue 4, 2021. 
  • “The Role of Board Independence in Mitigating Agency Problem II in Australian Family Firms” (With Janto Haman and George Tanewski), British Accounting Review, Vol. 43, No. 3, 2011, pp 230-246.

  • “Dividend and Debt Policies of Family Controlled Firms: The Impact of Board Independence”, International Journal of Managerial Finance, Vol. 6, No. 2, 2010, pp 128-142.

  • “The Role of Dividends, Debt and Board Structure in the Governance of Family Controlled Firms” (With George Tanewski and Michael Skully), Journal of Business Finance and Accounting, Vol. 36, No. 7 & 8, September/October 2009, pp. 863-898.

  • “Governance Mechanisms and Firm Value: The Impact of Ownership Concentration and Dividends”, Corporate Governance: An International Review, Vol.17, No. 6, 2009, pp. 694-709.

  • “Governance Mechanisms, Simultaneity and Firm Value in Australia”, International Journal of Corporate Governance, Vol. 1, No. 3, 2009, pp. 241-258.

  • “Internal Governance Mechanisms, Agency Problems, and Family Ownership”, Corporate Ownership and Control, Vol. 6, Issue 1, Fall 2008.

  • “Does Board Size Matter? Australian Evidence”, International Journal of Business, Vol. 10, No. 3, September-December 2008.

  • “Ownership Concentration and Firm Value: A Panel Data Analysis on the Impact of Ownership Concentration on Firm Value”, Jurnal Manajemen Bisnis, Vol. 2, No. 2, Agustus – November 2009.

  • “Dividend Policy in Australia”, Jurnal Keuangan dan Perbankan, Vol. 13, No. 2, Mei 2009.

  • “Ownership Structure and Corporate Governance Role of Dividends”, Jurnal Keuangan dan Perbankan, Vol. 12, No.1, Januari 2008.

  • “Corporate Governance in Family Firms”, Jurnal Manajemen Bisnis, Vol.1, No.1, Mei 2008.

  • “Corporate Governance and Board of Directors: A Survey of Literature”, Jurnal Ekonomi dan Bisnis, Vol. 13, No.2, September 2007.

  • “Corporate Governance and Ownership Structure”, Jurnal Manajemen Prasetiya Mulya, Vol. 12, No.2, November 2007.

  • “Hubungan Antara Excess Return Dengan PER, Firm Size dan Market to Book Value Ratio”, Jurnal Bisnis dan Ekonomi KINERJA, No.5, 1998, hal. 35-41 (with Suad Husnan and B.S. Raharjo).

  • “Pengurangan Risiko Investasi Pada Saham Melalui Diversifikasi Berdasarkan Jangka Waktu Kepemilikan”, Jurnal Bisnis dan Ekonomi KINERJA, No.5, 1998, hal. 57-62 (with Bambang Riyanto and Hendra Coadi).

  • “Pengujian Capital Asset Pricing Model Di Bursa Efek Jakarta Dengan Metoda Simple Test: Pengamatan 1992-1995”, Jurnal Bisnis dan Ekonomi KINERJA, No.2, 1997, hal. 23-40 (with Ivonny Decimahardini).

  • “Perbandingan Prediksi Beta Menggunakan Teknik Blume dan Pendekatan Historis: Pengamatan Di BEJ 1992-1995”, Jurnal Bisnis dan Ekonomi KINERJA, No.2, 1997, hal. 85-93 (with Inge Kartikasari).

  • “Analisis Integrasi Pasar Modal Dan Pengaruh Exchange rate Terhadap Tingkat Keuntungan Serta Risiko Indkes Pasar Beberapa Negara Asia Pasifik”, Jurnal Bisnis dan Ekonomi KINERJA, No.1, 1996, hal. 35-43 (with Erwan Hermawanto).

  • “Fungsi dan Model Penilaian Kontrak Futures/Forward”, Jurnal Bisnis dan Ekonomi KINERJA, No.1, 1996, hal. 93-105.

  • Manajemen Keuangan, Penerbit ANDI, 1994, 1996, 1999, 2002, 2004, 2008.

  • Statistika Untuk Bisnis dan Ekonomi, Penerbit ANDI, 2009.

  • Memahami Statistika Bisnis, Buku 1 dan 2, Penerbit ANDI, 1997, 1998.

  • Statistik Induktif Dalam Praktek, Penerbit Atma Jaya Yogyakarta, 1989.

  • Who Wants to be a Smiling Investors, Kepustakaan Populer Gramedia, 2011.

  • Who Wants to be a Rational Investors, Kepustakaan Populer Gramedia, 2011.

Organization Development Officer at PT. Astra Internasional, Tbk.
Corporate Investment Consultant at Pertamina Persero.
Valuation Specialist at KAP Hadori, Soejatna & Rekan.
Faculty Member at Institut Pengembangan Manajemen Indonesia (IPMI).
Chair of MM Program, Faculty Member at Universitas Atma Jaya Yogyakarta.
Reviewer at Corporate Governance: An International Review.
Columnist at Harian KONTAN.

Awards:

Indonesian Government Scholarships 1991.
Singaporean Government Scholarship 2000.
Australian Development Scholarships 2003.