Kos Agensi dan Hubungannya dengan Tingkat Kepemilikan Manajemen, Kebijakan Dividen, Kebijakan Utang, dan Set Kesempatan Investasi

Endang Kartini Panggiarti
Journal article Jurnal Penelitian Inovasi • September 2011

Abstrak

This research investigated about the relationship among insider ownership rate. towards dividend and debt policy with investment opportunity set for moderating factor. This research uses factor analysis, classic assumption test and 1:egression correlation test toward 116 sample and then founded that all of the hypothesis can accepted but not significant. Data are used for sample being classified to high and low. lOS for extremely different of lOS group. Dividend policy that proxies with dividend_ yield has impact the relationship among insider ownership rate when management has high investment opportunity set. But for debt policy with proxies with debt ratio can impact the relationship among insider ownership rate when management have low investment opportunity set. That´s mean management ´with high investment opportunity set more choice dividend policy and when management have low investment opportunity set more choice debt policy.Keyword: insider ownership rate, dividend and debt policy,investment opportunity set,´ tax rate

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Jurnal

Jurnal Penelitian Inovasi

Jurnal Penelitian Inovasi is an open access, peer-reviewed journal that publishes original resear... tampilkan semua