Work

Pengaruh Struktur Kepemilikan dan Komisaris Independen terhadap Biaya Keagenan Perusahaan yang Masuk dalam Indonesia Most Trusted Companies

Year: 2016

Type: article

Abstract: The divergences between shareholder and manager take agency cost. This study aims to investigate the influence of managerial ownership, institutional ownership, and independent commissoner on agency cost. Population of this study is firms that occur to Indonesia Most Trusted Companies Based on Investor 2007-2015, published by SWA business megazine. The number of sample is 106 observation data through purposive sampling method. Based on linier regression model, the result is managerial ownership and institutional ownership have no significant affect on agency cost, whereas independent commissioner has positif and significant affect on agency cost. So, if proportion of independent commissioner increase, agency cost will increase.

Source: Management Analysis Journal

DOI: 10.15294/maj.v5i3.11119

Authors: Rafika Shinta Pratiwi, Arief Yulianto

Institution: State University of Semarang

Language: Indonesian

Topic: Corporate Finance and Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: diamond

OpenAlex ID: W2564280463

FWCI: 2.164

Cites:

Cited by: 17

Related to: 10