PENGARUH OWNERSHIP STRUCTURE, FREE CASH FLOW, DAN CORPORATE GOVERNANCE TERHADAP BIAYA KEAGENAN
| Main Authors: | Shael, Ezra, Murhadi, Werner Ria, Utami, Mudji |
|---|---|
| Format: | Proceeding PeerReviewed application/pdf |
| Terbitan: |
, 2016
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| Subjects: | |
| Online Access: |
http://repository.ubaya.ac.id/28558/3/Pengaruh%20Ownership%20Structure_2016.pdf http://www.iseisby.or.id/ http://repository.ubaya.ac.id/28558/ |
Daftar Isi:
- This study aims to determine the mechanisms anything that can reduce or increase agency costs within the company . The sample used in the study is sector firms Consumer goods listed in the Indonesia Stock Exchange during the period 2009-2014. The mechanisms used in this study is Ownership structure , Free cash flow , and Corporate governance that have an influence on the magnitude of agency costs in the company . This study uses Asset utilization ratio as a measure of agency costs . The data are used as research material was analyzed using panel data regression. Based on the results of the companies in the consumer goods sector during the period 2009-2014 , Board size can reduce agency costs while the Bank 's Board independence and incentives can increase agency costs .