PENGARUH STRUKTUR KEPEMILIKAN DAN STRUKTUR MODAL TERHADAP AGENCY COST

Tyara Dwi Putri

doi:10.31869/me.v3i6.417

PENGARUH STRUKTUR KEPEMILIKAN DAN STRUKTUR MODAL TERHADAP AGENCY COST

Tyara Dwi Putri

Sari

The research examines the influence of ownership structure, capital structure, and agency
cost on corporate at Indonesian Stock Exchange. Unbalanced panel data is used in this research.
Type of ownership is determined by institutional ownership and concentration ownership. Capital
structure is determined by leverage. Proxy of agency cost is asset utilization and expense ratio. The
results of this study show that institutional ownership, concentration ownership, and leverage
reduces the agency cost significantly
Keywords: institutional ownership, concentration ownership, leverage, agency cost, asset
utilization, expense ratio

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DOI: https://doi.org/10.31869/me.v3i6.417

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