MANAGERIAL OWNERSHIP, DEBT POLICY, AND DIVIDEND POLICY: A TEST ON THEORY OF AGENCY - repo unpas
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Less leverage will increase the probability a firm to engage in managerial ownership program one-year later to multiply the effect of reduced agency cost of debt
Based on the results of the research conducted, the results obtained that the managerial ownership has a negative effect not significantly on the firm value, dividend policy has
(2009), who reviewed the effect of family ownership and dividend payment in Indonesian firms, the influence of insiders, state enterprises, and foreign ownership on dividend
This means that 5.81% debt to equity ratio (DER) is influenced by foreign ownership, managerial ownership, institutional ownership, family ownership, financial constraints, return on
Second, the independent variables used are limited to profitability, debt policy, dividend policy, and investment decisions that affect the dependent variable on
Picture 1. The Research Outcome on the Interactions among Insider Ownership, Dividend Policy, Debt Policy, Investment Decision, and Business Risk.. cates: 1) a company with high
Managerial Ownership structure combined with Managerial Ownership MOWN contribute negatively and significantly to the company value combined with the PBV Price Book Value through the
THE ANALYSIS ROLE OF PROFITABILITY AS MODERATING VARIABLE IN RELATIONSHIP BETWEEN FREE CASH FLOW, MANAGERIAL OWNERSHIP, DIVIDEND POLICY AND OPPORTUNITY INVESTMENT ANALISIS PERAN