Proceeding of International Conference on Entrepreneurship (IConEnt)
Vol 3 (2023): Proceeding of 3rd International Conference on Entrepreneurship (IConEnt)

Analysis of Leverage, Managerial Ownership, and Dividend Policy in Agency Theory Perspective

William Tjong (Universitas Pelita Harapan)
Stevanie Stevanie (Universitas Pelita Harapan)

Article Info

Publish Date
31 Dec 2023

Abstract

The purpose of this research is to test the effect of leverage, managerial ownership, and dividend policy on agency conflict. The agency conflict in this study is proxied by the value of the company measured through Tobin's Q Ratio, while the independent variables use leverage, managerial ownership, and dividend policy. The partial analysis tools in this study used Ordinary Less Square (OLS). Samples are companies listed on Indonesia Stock Exchange for the period of study. The results of this study are leverage has a negative relationship in reducing agency conflict in companies, managerial ownership does not affect the firm value, and dividend policy has a positive and significant effect in reducing agency conflict in companies.

Copyrights © 2023




Citation Download
RIS
EndNote, Reference Manager, ProCite
BibTex
Latex, Jabref
Original Source
Download Original
Google Scholar
Check in Google Scholar
Journal Info
Proceeding of International Conference on Entrepreneurship (IConEnt)
Website

Abbrev

IConEnt

Publisher

Universitas Pelita Harapan

Subject

Economics, Econometrics & Finance

Description

Proceeding of International Conference on Entrepreneurship (IConEnt) berisi artikel-artikel ilmiah dari para peneliti dari lingkup internasional yang mengikuti konferensi IConEnt yang akan diadakan rutin setiap tahun oleh Fakultas Ekonomi dan Bisnis Universitas Pelita ...