ANALISIS PENGARUH STRUKTUR KEPEMILIKAN, BOARD COMPOSITION, DAN AGENCY COST TERHADAP FINANCIAL DISTRESS
Abstract: The purpose of this
reseach is to examine the influence of insider
ownership, institutional ownership,
blockholder ownership, board of
commisioner size, independent
board, and agency
cost on the financial
distress in companies
delisted 2008-2010. Logistic regression is used to analysis the
reseach problem. The sample used of 36
companies consisting of 18 financial
distress firms and 18 non financial distress
firms. The results
of this study
showed that institutional ownership,
blockholder ownership, and
board of commissioner size have a
negative effect on financial distress. While the administrative cost ratio has
a positive effect on financial distress. Meanwhile, insider
ownership and independent
board have not significance on financial distress.
Penulis: AYUNINGTIAS
Kode Jurnal: jpmanajemendd130944
