OWNERSHIP STRUCTURE, DIVIDEND PAYMENT, AGENCY COST AND CORPORATE VALUE (SUATU PENGUJIAN MODEL STRUKTURAL)
نویسندگان
چکیده
منابع مشابه
Ownership Structure, Managerial Behavior and Corporate Value
The nonlinear relationship between corporate value (Tobin's Q) and managerial ownership is well documented. This has commonly been attributed to the onset of managerial entrenchment, which results in a decrease of corporate value for increasing levels of managerial holdings. We propose a more complex structure for the corporate value { managerial ownership function, which accounts for the e®ect...
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ژورنال
عنوان ژورنال: EKUITAS (Jurnal Ekonomi dan Keuangan)
سال: 2017
ISSN: 2548-5024,2548-298X
DOI: 10.24034/j25485024.y2010.v14.i1.2114