PENGARUH KEPEMILIKAN MANAJERIAL, KEBIJAKAN UTANG, KEBIJAKAN DIVIDENTERHADAP KINERJA KEUANGAN DAN BIAYA AGENSI (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia)
This study aims to analyze and explain the effect of managerial ownership, debt policy, dividend policy on fi nancial performance and agency costs in manufacturing companies in Indonesia. This study used quantitative methods with positivism approach. 20 research object manufactur...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | Indonesian |
Published: |
Universitas Lambung Mangkurat
2016-04-01
|
Series: | JWM: Jurnal Wawasan Manajemen |
Online Access: | http://jwm.ulm.ac.id/id/index.php/jwm/article/view/26 |
id |
doaj-724cc93b96814451be4974d77802b3e4 |
---|---|
record_format |
Article |
spelling |
doaj-724cc93b96814451be4974d77802b3e42020-11-24T21:59:59ZindUniversitas Lambung MangkuratJWM: Jurnal Wawasan Manajemen2337-51912527-60342016-04-012217118826PENGARUH KEPEMILIKAN MANAJERIAL, KEBIJAKAN UTANG, KEBIJAKAN DIVIDENTERHADAP KINERJA KEUANGAN DAN BIAYA AGENSI (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia)Yuni Kusuma ArumsariJumahir .Siti AisjahThis study aims to analyze and explain the effect of managerial ownership, debt policy, dividend policy on fi nancial performance and agency costs in manufacturing companies in Indonesia. This study used quantitative methods with positivism approach. 20 research object manufacturing company. Collecting data using secondary data from annual reports and fi nancial statements. Data were analyzed using path analysis. The analysis showed that managerial ownership, debt policy, dividend policy affect the fi nancial performance; managerial ownership, debt policy, dividend policy, and fi nancial performance affects the agency costs. The implication of this research is a manufacturing company needs to continue to pay attention to the shares owned by the portion of managerial control in the company, debt mana gement and distribution of large dividends. Thirdly it will lead to improved fi nancial performance so that confl icts of interest and agency costs will decrease. managerial ownership, debt policy, dividend policy, fi nancial performance, agency costs Keywords : Managerial ownership, debt policy, dividend policy, fi nancial performance, agency costshttp://jwm.ulm.ac.id/id/index.php/jwm/article/view/26 |
collection |
DOAJ |
language |
Indonesian |
format |
Article |
sources |
DOAJ |
author |
Yuni Kusuma Arumsari Jumahir . Siti Aisjah |
spellingShingle |
Yuni Kusuma Arumsari Jumahir . Siti Aisjah PENGARUH KEPEMILIKAN MANAJERIAL, KEBIJAKAN UTANG, KEBIJAKAN DIVIDENTERHADAP KINERJA KEUANGAN DAN BIAYA AGENSI (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia) JWM: Jurnal Wawasan Manajemen |
author_facet |
Yuni Kusuma Arumsari Jumahir . Siti Aisjah |
author_sort |
Yuni Kusuma Arumsari |
title |
PENGARUH KEPEMILIKAN MANAJERIAL, KEBIJAKAN UTANG, KEBIJAKAN DIVIDENTERHADAP KINERJA KEUANGAN DAN BIAYA AGENSI (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia) |
title_short |
PENGARUH KEPEMILIKAN MANAJERIAL, KEBIJAKAN UTANG, KEBIJAKAN DIVIDENTERHADAP KINERJA KEUANGAN DAN BIAYA AGENSI (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia) |
title_full |
PENGARUH KEPEMILIKAN MANAJERIAL, KEBIJAKAN UTANG, KEBIJAKAN DIVIDENTERHADAP KINERJA KEUANGAN DAN BIAYA AGENSI (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia) |
title_fullStr |
PENGARUH KEPEMILIKAN MANAJERIAL, KEBIJAKAN UTANG, KEBIJAKAN DIVIDENTERHADAP KINERJA KEUANGAN DAN BIAYA AGENSI (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia) |
title_full_unstemmed |
PENGARUH KEPEMILIKAN MANAJERIAL, KEBIJAKAN UTANG, KEBIJAKAN DIVIDENTERHADAP KINERJA KEUANGAN DAN BIAYA AGENSI (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia) |
title_sort |
pengaruh kepemilikan manajerial, kebijakan utang, kebijakan dividenterhadap kinerja keuangan dan biaya agensi (studi pada perusahaan manufaktur yang terdaftar di bursa efek indonesia) |
publisher |
Universitas Lambung Mangkurat |
series |
JWM: Jurnal Wawasan Manajemen |
issn |
2337-5191 2527-6034 |
publishDate |
2016-04-01 |
description |
This study aims to analyze and explain the effect of managerial ownership, debt policy, dividend policy on fi nancial performance and agency costs in manufacturing companies in Indonesia. This study used quantitative methods with positivism approach. 20 research object manufacturing company. Collecting data using secondary data from annual reports and fi nancial statements. Data were analyzed using path analysis.
The analysis showed that managerial ownership, debt policy, dividend policy affect the fi nancial performance; managerial ownership, debt policy, dividend policy, and fi nancial performance affects the agency costs. The implication of this research is a manufacturing company needs to continue to pay attention to the shares owned by the portion of managerial control in the company, debt mana gement and distribution of large dividends. Thirdly it will lead to improved fi nancial performance so that confl icts of interest and agency costs will decrease.
managerial ownership, debt policy, dividend policy, fi nancial performance, agency costs
Keywords : Managerial ownership, debt policy, dividend policy, fi nancial performance, agency costs |
url |
http://jwm.ulm.ac.id/id/index.php/jwm/article/view/26 |
work_keys_str_mv |
AT yunikusumaarumsari pengaruhkepemilikanmanajerialkebijakanutangkebijakandividenterhadapkinerjakeuangandanbiayaagensistudipadaperusahaanmanufakturyangterdaftardibursaefekindonesia AT jumahir pengaruhkepemilikanmanajerialkebijakanutangkebijakandividenterhadapkinerjakeuangandanbiayaagensistudipadaperusahaanmanufakturyangterdaftardibursaefekindonesia AT sitiaisjah pengaruhkepemilikanmanajerialkebijakanutangkebijakandividenterhadapkinerjakeuangandanbiayaagensistudipadaperusahaanmanufakturyangterdaftardibursaefekindonesia |
_version_ |
1725846049064484864 |