Athalia Ariati Hidayat

Long-run Accounting Performance of Divestments and Its Association with Investors' Perceptions of Market Returns

Supervisors: Prof. Roger Willett and Dr. Isabella Li

Profile

Athalia Ariati Hidayat is a PhD student in Accounting at the School of Accounting and Commercial Law. Her PhD research investigates the long-run accounting performance of divestment restructuring decisions and its value relevance. A company not only needs to expand but also needs to re-evaluate its current operations should the removal of some parts of the business be necessary.

Given that divestment is a complex and risky process, her research aims to shed light on the long-run performance effect for the companies involved, and how investors perceive the accounting information from a divestment strategy.

Her study is funded by the Wellington Doctoral Scholarship. Prior to joining the PhD program, Athalia was a lecturer with over eight years of experience in the Accounting Undergraduate Program at Universitas Prasetiya Mulya, Indonesia.

Qualifications

Master of Accounting, Universitas Indonesia, Indonesia

Bachelor of Economics, Universitas Prasetiya Mulya, Indonesia

Recent publications

Setia-Atmaja, L., & Hidayat, A. A. (2021). The governance role of independent directors in Indonesian family and non-family firms. Jurnal Keuangan dan Perbankan, 25(4), 931-944.

Santos, A., Rindra, E., Hidayat, A. A., & Adelina, Y. E. (2020). Dividend and leverage in Indonesian intergenerational family firms. Jurnal Siasat Bisnis, 24(1), 43-58.

Hidayat, A. A., & Utama, S. (2016). Board characteristics and firm performance: Evidence from Indonesia. International Research Journal of Business Studies, 8(3), 137-154.