Open AccessPENGARUH KONFLIK KEAGENAN TERHADAP CORPORATE GOVERNANCE DAN KINERJA PERUSAHAAN
Author(s) -
Wahyu Manuhara Putra
Publication year - 2012
Publication title -
maksimum : media akuntansi universitas muhammadiyah semarang/maksimum : media akuntansi universitas muhammadiyah semarang
Language(s) - English
Resource type - Journals
eISSN - 2580-9482
pISSN - 2087-2836
DOI - 10.26714/mki.1.2.2011.109-114
Subject(s) - corporate governance , principal–agent problem , business , agency (philosophy) , accounting , agency cost , principal (computer security) , business administration , shareholder , finance , sociology , social science , computer science , operating system
This study aimed to test whether the Corporate Governance associated the Agent- Conflicts This research Used exploratory principal components analysis and kanonikal analysis on 6 individual governance variables to get the 5 factors representing different dimensions of corporate governance and treasures the agent, conflict firms based on 7 agency conflict proxies used in the literature. Results of analysis found that Companies with greater agency conflict has a mechanism for better corporate governance, in particular that the low ownership structure has a high impact on institutional ownership. Overall the result support the theory that the existence and role of corporate governance mechanisms on firm is a function of agency Conflict in the company. Keyword : Agency Conflicts, Corporate Governance, exploratory principal components analysis, kanonikal analysis