文章基本信息

标题：PENGARUH AGENCY COST TERHADAP KINERJA KEUANGAN PERUSAHAAN KELUARGA MENGGUNAKAN TOBIN’S Q & ALTMAN Z-SCORE
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作者：Sahala Manalu ; Sheren Natalia
期刊名称：Jurnal Ekonomi Modernisasi
印刷版ISSN：0216-373X
电子版ISSN：2502-4078
出版年度：2016
卷号：11
期号：3
页码：147-160
DOI：10.21067/jem.v11i3.1091
出版社：Universitas Kanjuruhan Malang
摘要：this research aims to test the effect of agency cost toward financial performance in family business measured by Tobin’s Q and Altman Z-Score with proxied by insider ownership, dispersion ownership, institutional ownership. This research was conducted at family business firms listed in Indonesian Stock Exchange from 2010-2014. In this research, multiple linear regression analysis were used. The result show the agency cost (insider ownership, dispersion ownership, institutional ownership) simultaneously have a significant effect toward Tobin’s Q, insider ownership and institutional ownership are not significant toward Tobin’s Q, dispersion ownership has a significant effect toward Tobin’s Q, agency cost (insider ownership, dispersion ownership, institutional ownership) simultaneously and partial are not significant toward Altman Z-Score.
其他摘要：this research aims to test the effect of agency cost toward financial performance in family business measured by Tobin’s Q and Altman Z-Score with proxied by insider ownership, dispersion ownership, institutional ownership. This research was conducted at family business firms listed in Indonesian Stock Exchange from 2010-2014. In this research, multiple linear regression analysis were used. The result show the agency cost (insider ownership, dispersion ownership, institutional ownership) simultaneously have a significant effect toward Tobin’s Q, insider ownership and institutional ownership are not significant toward Tobin’s Q, dispersion ownership has a significant effect toward Tobin’s Q, agency cost (insider ownership, dispersion ownership, institutional ownership) simultaneously and partial are not significant toward Altman Z-Score.
关键词：agency cost; Altman Z-Score; dispersion ownership; insider ownership; institutional ownership; family business; Tobin’s Q.
其他关键词：agency cost;Altman Z-Score;dispersion ownership;insider ownership;institutional ownership;family business;Tobin’s Q.