Jurnal Ilmiah Akuntansi dan Bisnis
Vol 3 No 2 (2008)

PENGARUH KEBIJAKAN DIVIDEN DAN KEPEMILIKA

A.A.G.P. WIDANA PUTRA (Unknown)
NI MADE DWI RATNADI (Unknown)



Article Info

Publish Date
13 Jul 2008

Abstract

The purpose of this research is to examine impact of dividend policy and managerial ownership on agency cost. Based on data availability, sample consists of 105 observations. Data collection method is non participants’ observation. The results show that 1) dividend policy does not statistically affect agency cost at significance level of 95 percent, 2) leverage affects agency cost negatively and significantly at the level of 95 percent, 3) companies managed by owner managers have lower agency cost than those managed by non owner managers.

Copyrights © 2008






Journal Info

Abbrev

jiab

Publisher

Subject

Economics, Econometrics & Finance

Description

JIAB exists to publish high quality research papers in accounting, corporate finance, corporate governance and their interfaces. The interfaces are relevant in many areas such as financial reporting and communication, valuation, financial performance measurement and managerial reward and control ...