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Pengaruh kepemilikan institusional terhadap kebijakan hutang pada perusahaan manufaktur yang terdaftar di BEI : ditinjau dari perspektif biaya keagenan
This research is performed in order to test the impact of institusional ownership to debt policy simultaneously related to the manajerial ownership on manufacturing companies listed in Bursa Efek Indonesia for an observation period from 2005 to 2007 based on an agency perspective. In the research model, the writer used debt variable with its control variables and manajerial ownership variable with its control variables. The results of data analysis in this research is that insitusional ownership has negative impact to managerial ownership. The result of this particular research has proved that we need to increase institusional ownership in order to mitigate agency cost, and such increasing also allow the company to use lower debt. The other side, the incerasing in managerial ownership helps aligning manager interest with those of external stockholder (principal) and reducing the role of debt in mitigating agency conflict.Ada tabel
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| 7251 | PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Depok: Program Studi Manajemen Fakultas Ekonomi Universitas Indonesia 2011 |
|---|---|
| Edisi | - |
| Subjek | Financial management Manufacturing industry Debt management Institutional ownership Debt policy |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | xiv, 67 p., 16 p. ; 30 cm & lamp |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |