ARTICLE
TITLE

The Influence of Managerial Ownership and Institutional Ownership on Agency Costs (Studies on Manufacturing Companies in The Basic Industrial and Chemical Sectors Listed on The Indonesia Stock Exchange)

SUMMARY

The purpose of this study is to examine and analyze: (1) the effect of managerial ownership on agency costs, (2) the effect of institutional ownership on agency costs, and (3) the effect of managerial ownership and institutional ownership simultaneously affect to agency costs. This research was conducted at the primary industrial sector and chemical of manufacturing companies that listed on the Indonesia stock exchange 2014-2016. The companies analyzed amounted to 18 companies determined based on sampling criteria. The analysis method used is panel data analysis by using Eviews 9 programming computer. The results of this study found that managerial ownership has an insignificant relationship with agency cost. The institutional ownership has an insignificant with agency costs. The managerial ownership and institutional ownership have no significant effect on agency costs, simultaneous.

 Articles related

nur widyawati    

The purpose of this study is to determine: (1) The effect of partial and simultaneous between independent variables, namely managerial ownership and profitability of the company and the dependent variable, namely the value of the company. This type of re... see more


Murtiadi Awaluddin,(UIN Alauddin MakassarIndonesia)Alim Sholihin,(UIN Alauddin MakassarIndonesia)Sumarlin Sumarlin,(UIN Alauddin MakassarIndonesia)Rulyanti Susi Wardhani,(Universitas Bangka BelitungIndonesia)Andi Sylvana,(Open UniversityIndonesia)    

This study aims to examine the effect of family ownership, debt policy on firm value with firm size as a control variable. The sample used was a family company listed on the Indonesia Stock Exchange from 2014 to December 2017. The type of this research w... see more


Dante Baiardo Cavalcante Viana Junior,Cinthya Rachel Firmino de Morais,Marcia Martins Mendes De Luca,Alessandra Carvalho de Vasconcelos    

Objective: To evaluate the influence of ownership concentration on variation in corporate performance before and after initial public offerings (IPO) in firms launched on B3.Methods: Economic and financial information was obtained from the reference form... see more


Faviola Lady Anela, Andrian Budi Prasetyo    

The objective of this study is to investigate whether ownership structure and corporate governance affecting the efficiency of investment of listed non-financial firms in Indonesia. Ownership concentration, managerial ownership, management stock option, ... see more


Agus Purnomo    

This study examined the influence of internal corporate branding on brand citizenship behavior. Research conduct on leading telecommunications services companies in the city of Malang. The results show that internal corporate branding has a positive and ... see more