Abstract
The obiective of this research is to examine the interdependent relationship between agency cost and board characteristics.. ising two ways i measurement, namely, ratios of OPEX and ATO, agency cost is hypothesized to have a simultaneous relationship with board characteristics miasured by board size and the proportion of outside directors. Farthermore, the variabieof corporate ownership measured by managerial ownership and blockholder ownership is used to examine its ffict on both agency cost and board characteristics. (Ising manufacturing industry listed at Jakarta Stock Exchange as the sample, the result shows the interdependent relationship issupported as well as the effect of corporate ownership on agency cost and board characteristics. Moreover the result also shows that agency cost measured by OPEX, robustly explain the interdependent relationship compare to ATO.Keywords: Corporate ownership, agency cost, board characteristics
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
