Control Mechanism and Value of Firm: Empirical Evidence from Indonesia Capital Market
This research discusses about the roles of institutional ownership and leverage as control mechanism over agency conflict and how it affects corporate performance. Agency conflict is a result of expropriation via tunneling on asset utilization. This study uses panel data with a sample of 136 compani...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Prasetiya Mulya Publishing
2013-04-01
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Series: | International Research Journal of Business Studies |
Subjects: | |
Online Access: | http://www.irjbs.com/index.php/jurnalirjbs/article/view/931/93 |