Shael, Ezra and Murhadi, Werner Ria and Utami, Mudji (2016) PENGARUH OWNERSHIP STRUCTURE, FREE CASH FLOW, DAN CORPORATE GOVERNANCE TERHADAP BIAYA KEAGENAN. In: simposium Riset Ekonomi VII, 23 September 2016, Surabaya.
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Abstract
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 .
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Uncontrolled Keywords: | Agency cost, Ownership structure, Free cash flow, Corporate governance. |
| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Faculty of Business and Economic > Department of Management |
| Depositing User: | Mudji Utami 3116 |
| Date Deposited: | 01 Nov 2016 03:11 |
| Last Modified: | 01 Nov 2016 03:11 |
| URI: | http://repository.ubaya.ac.id/id/eprint/28558 |
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