Pengaruh Corporate Governance Dan Leverage Pada Agency Cost

Sadewa, Nanda; Yasa, Gerianta Wirawan

doi:10.24843/jiab.2016.v11.i01.p03

Cited by 9 publications

(10 citation statements)

References 5 publications

(7 reference statements)

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“…A high degree of leverage will reduce conflicts between shareholders and managers regarding investment choice issues, the amount of risk borne, the conditions under which the company will be liquidated and the dividend policy (Berger & Bonaccorsi in Patti, 2006). But the results of this study are different from the research conducted by (Sadewa & Yasa, 2016), (Hamidah, Wicaksono, & Ahmad, 2017), leverage has a positive and significant effect on agency costs. According to the results of his research, the high level of debt was caused by the ineffectiveness of the company in managing its expenses until it was converted to sales.…”

Section: Effect Of Ltder On Agency Costcontrasting

confidence: 67%

Capital Structure, Ownership Structure, and Firm Size: It’s Implication on Agency Cost (A Study in Indonesia Manufacturing Company)

Zulvia¹,

Serly²

2020

Proceedings of the 4th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2019)

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This research examined the influence of capital structure, ownership structure, and firm size on agency costs in manufacturing companies listed on the Indonesia Stock Exchange. The capital structure is measured using Debt to Equity Ratio (DER) and Long Term Debt Equity Ratio (LTDER). The ownership structure is measured by institutional ownership and foreign ownership while company size is measured using Ln total assets. The population in this study are all manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2013-2018. The sampling technique used purposive sampling so that the number of samples in this study was 478. The method of data analysis used multiple linear regression. The results showed that DER had a positive and significant effect and LTDER had a negative and significant effect. Institutional ownership has positive and significant influence and foreign ownership has a positive and not significant effect. Firm size has a positive and significant effect

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Section: Effect Of Ltder On Agency Costcontrasting

confidence: 67%

Capital Structure, Ownership Structure, and Firm Size: It’s Implication on Agency Cost (A Study in Indonesia Manufacturing Company)

Zulvia¹,

Serly²

2020

Proceedings of the 4th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2019)

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“…Penelitian yang dilakukan oleh Pricilia & Susanto (2017) dan Sari & Putri (2014) menunjukkan bahwa dewan komisaris independen dapat memperlemah hubungan positif koneksi politik terhadap tindakan manajemen laba. Hal ini membuktikan bahwa konflik keagenan yang muncul dapat diminimalisir dengan corporate governance dengan adanya dewan komisaris independen sehingga menurunkan tindakan oportunis dari manajemen (Sadewa & Yasa, 2016). Peran dewan komisaris independen dalam melakukan fungsi pengawasan terhadap operasional perusahaan oleh pihak manajemen telah memberikan kontribusi yang baik sehingga dapat meminimalisir tindakan manajemen laba (Amelia & Hernawati, 2016).…”

Section: Modelunclassified

Peran Moderasi Corporate Governance dalam Hubungan Koneksi Politik, Kompensasi Bonus dan Manajemen Laba

Maharti

Nugrahanti

2022

E-Jurnal Akuntansi

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The research objectives are to examine the effect of political connections and bonus compensation on earnings management, and to examine the role of corporate governance in the influence of political connections and bonus compensation on earnings management. The study was conducted on manufacturing companies listed on the IDX from 2016-2020 and this study used quantitative data analysis methods with Moderating Regression Analysis (MRA) as hypothesis testing. The results of the research on political connections and bonus compensation have an effect on earnings management. Independent commissioners can weaken the positive influence of political connections on earnings management, while institutional ownership and audit quality have no effect on earnings management. In addition, independent commissioners and institutional ownership cannot weaken the positive effect of bonus compensation on earnings management, but audit quality can actually weaken this effect. Keywords: Earnings Management; Political Connections; Bonus Compensation; Corporate Governance; Independent Commissioners; Institutional Ownership; Audit Quality.

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“…Jensen dan Meckling (1976) menyatakan bahwa pemisahan antara fungsi pengelolaan dan fungsi kepemilikan akan sangat rentan dengan timbulnya konflik keagenan (agency conflict). Konflik keagenan merupakan konflik yang muncul karena adanya kepentingan yang berbeda diantara prinsipal dan agen (Sadewa dan Yasa, 2016).…”

Section: Pendahuluanunclassified

Untitled

Sintyawati¹,

Dewi²

2018

EJMUNUD

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Agency costs are the costs incurred by company owners to organize and supervise the actions of managers so that they act on the company's interests. This study aims to determine the significance of the effect of managerial ownership, institutional ownership and leverage on agency costs. This research was conducted at manufacturing company in Indonesia Stock Exchange period 2012-2015 period. The sample in this research consists of 44 manufacturing companies taken by using purposive sampling technique. Data collection method used in this research is non participant observation method. Data analysis technique used is multiple linear regression analysis technique. The results of this study suggest that managerial ownership, institutional ownership and leverage have a significant negative effect on agency costs.

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Pengaruh Corporate Governance Dan Leverage Pada Agency Cost

Cited by 9 publications

References 5 publications

Capital Structure, Ownership Structure, and Firm Size: It’s Implication on Agency Cost (A Study in Indonesia Manufacturing Company)

Capital Structure, Ownership Structure, and Firm Size: It’s Implication on Agency Cost (A Study in Indonesia Manufacturing Company)

Peran Moderasi Corporate Governance dalam Hubungan Koneksi Politik, Kompensasi Bonus dan Manajemen Laba

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