HUBUNGAN ANTARA STRUKTUR KEPEMILIKAN DAN PRICE TO BOOK VALUES Studi Empiris pada Industri Manufaktur yang terdaftar di Bursa Efek Indonesia
| Main Authors: | , Citra Wulan Ratri, , Prof. Dr. Marwan Asri S., MBA |
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| Format: | Thesis NonPeerReviewed |
| Terbitan: |
[Yogyakarta] : Universitas Gadjah Mada
, 2012
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| Subjects: | |
| Online Access: |
https://repository.ugm.ac.id/98830/ http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=54935 |
Daftar Isi:
- Ownership structure as one of corporate governance mechanism influencing the scope of a firm�s agency costs (Jensen dan Meckling, 1976). La Porta et al. (1998 dan 2000) states that the concentrated ownership structure happens in such countries with low levels of corporate governance. Agency problem that arises because of concentrated ownership structure may give influence to price to book value (PBV) that reflects the firm value. The research done by Miguel et al., (2004) in Spain shows that the relationship between ownership structure and firm value is quadratic