THE EFFECT OF FIRM PERFORMANCE, LEVERAGE, FIRM SIZE, AND FIRM GROWTH ON AGENCY COST OF TRADING COMPANY IN INDONESIA, MALAYSIA, AND THAILAND: RESEARCH PERIOD OF 2009 – 2013

Authors

  • Hamidah Hamidah Fakultas Ekonomi Unversitas Negeri Jakarta
  • Ari Wicaksono Fakultas Ekonomi Unversitas Negeri Jakarta
  • Gatot Nazir Ahmad Fakultas Ekonomi Unversitas Negeri Jakarta

DOI:

https://doi.org/10.21009/JRMSI.008.1.07

Keywords:

Agency Cost, firm performace, leverage, firm size, firm growth

Abstract

In this study,the author investigate the relationship of firm performance, leverage, firm size, and firm growth on the agency cost. In the company’s life, there are several holders an important role in the company itself. Agency theory explains that there are two parties to a company, the agent and principal.Researcher use firm performance, leverage, firm size, and firm growth as the independent variables. Researcher use the operational expenses ratio as proxy of agency cost. The high firm performance, expected to leads the lower agency cost.Researcher use the 19 listed trading firm on Indonesia, 26 listed trading firm on Malaysia, and 29 listed trading firm on Thailand. The empirical result show varying effect on agency cost in those three countries. The result of research depends on the characteristics of each country

 

Keywords: Agency Cost, firm performace, leverage, firm size, firm growth

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Published

2017-04-10

How to Cite

Hamidah, H., Wicaksono, A., & Ahmad, G. N. (2017). THE EFFECT OF FIRM PERFORMANCE, LEVERAGE, FIRM SIZE, AND FIRM GROWTH ON AGENCY COST OF TRADING COMPANY IN INDONESIA, MALAYSIA, AND THAILAND: RESEARCH PERIOD OF 2009 – 2013. JRMSI - Jurnal Riset Manajemen Sains Indonesia, 8(1), 120–138. https://doi.org/10.21009/JRMSI.008.1.07

Issue

Vol. 8 No. 1 (2017): Jurnal Riset Manajemen Sains Indonesia

Section

Articles

License

 Creative Commons License
Articles in Jurnal Riset Manajemen Sains Indonesia are Open Access articles published under the Creative Commons CC BY-NC-SA License.  This license permits use, distribution and reproduction in any medium for non-commercial purposes only, provided the original work and source is properly cited. Any derivative of the original must be distributed under the same license as the original.