Claim Missing Document
Check
Articles

Found 2 Documents
Search
Journal : Journal of International Conference Proceedings

The Influence of Managerial Ownership and Firm Size On Debt Policy Lihard Stevanus Lumapow
Journal of International Conference Proceedings (JICP) Vol 1, No 1 (2018): Proceedings of the 1st International Conference of Project Management (ICPM) Mal
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (28.16 KB) | DOI: 10.32535/jicp.v1i1.186

Abstract

This study aims to examine and analyze the effect of managerial ownership and firm size on debt policy in the perspective of agency theory. This research uses industrial samples of manufacturing companies listed on Indonesia Stock Exchange during 2012 until 2016. Sampling technique used is purposive sampling and data collection techniques are panel data (cross section and time series). While the analysis tool used in this research is panel data regression with fixed effect model (FEM) approach. Based on the test results show that managerial ownership has a positive and significant effect on debt policy. Company size has a negative but insignificant effect on debt policy. The results of this study have the potential for agency conflict. Keywords: Agency Conflict, Agency Theory, Debt Policy, Firm Size, Managerial Ownership
The Influence of Investment and Managerial Ownership on Firm Value on Manufacturing Companies in the Consumer Goods Industry Sector Listed on the Indonesia Stock Exchange Lihard Stevanus Lumapow
Journal of International Conference Proceedings (JICP) Vol 1, No 2 (2018): Proceedings of the 2nd International Conference of Project Management (ICPM) Gor
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (19.734 KB) | DOI: 10.32535/jicp.v1i2.299

Abstract

This study aims to examine and analyze the effect of investment on firm value, as well as the influence of non-monotonic managerial ownership on firm value. This study uses a sample of manufacturing companies in the consumer goods industry sector listed on the Indonesia Stock Exchange (IDX) from 2012 to 2016. The technique of collecting data is panel data (Time Series and Cross sectional), while the sampling technique used is purposive sampling. The data analysis method used is panel data regression with a random effect model (REM) approach. Based on the test results indicate that investment has a negative and not significant effect on firm value. Managerial ownership has a positive and significant influence on firm value, while squared managerial ownership has a negative but not significant effect on firm value. The results of this study have a non monotonic relationship between managerial ownership and firm value even though it is not significant. Keywords: Agency Theory, Firm Value, Investment, Managerial Ownership
Co-Authors Adithya Pandowo Alfrina Mewengkang Allen A. CH. Manongko Arie Frits Kawulur Arje Cerullo Djamen Assa, Fentje Bagensa, Christian Bernadina Waha Labuan Cecilia Kewo Cecilia Lelly Kewo Danny A Masinambow Datubara, Noel Deisye Supit Donal Mateos Ratu Dondokambey, Rainier N Dotulung, Reza A. W. Edwin Wantah Evangelina, Chrismara Fentje Assa George Runtulalo Gloridei Lingkanbene Kapahang Grace Kimbal Gumolung, Remart Hadi Ignatius Untu Hartonoi, Yuliana Hatibie, Mendy Juniaty Helena Omkarsba Henny N. Tambingon Herry Sumual Hetwi Marselina Saerang Ignatius Javier C. Tuerah Imelda F. Siaba Jacobus, Suzan Jeffry Sony Junus Lengkong Jehezkiel Panjaitan Jelly Lembong Jelly Maria Lembong Jenny Nancy Kaligis Jently F. Tamailang Jerry Rommy Herter Wuisang Jodi Stenly Tangkau Johan Reimon Batmetan John Ronaldo Michael Apituley Joulanda A. M. Rawis Kalalo, Debie K.R. Kamagi, Marshanda Kambey, Joseph Kambu, Kornelius Kapoh, Timothy Waraney Karamoy, Claudya Kasenda, Rinna Y. Kasih, Franky Katiandagho, Chelsia Katuuk, Ariel Kaunang, Sinta E. J. Kerap, Truly Galancy Komedien, Brianne Eucleysia Kumaat, Theophany D. Langi, Jessy Lembong, Herningsih Lembong, Herningsih Sutri Liando, Olivia Eunike Selvie Lomban, Edino Ayub Lombogia, Winda Luccylle M Takalumang Marcia I. Watulingas Mario Tulenan Parinsi Marssel Michael Sengkey Maru, Gideon M. Masinambow, Danny A matindas, Anastasya fabiola Maximillian Christian Oley Melkian Naharia Memah, Andreas Mendy Juniaty Hatibie Meriska Margaretha Mokoagouw Mersty Rindengan Mokoagouw, Meriska Margaretha Mokoagow , Tata P. Mongdong , Romi J. Mongdong, Romi J. Mongdong, Romi Junior Mottoh, Yulmi Hesti Mozes Markus Wullur Naharia, Melkian Novie Noldy J. Rompis Oktaviana, Leony Oley, Maximillian Christian Omkarsba , Helena Onibala, Juita Paath, Deicy Palilingan, Ronny Palilingan, Verry Ronny Pangalo, Lady Panjaitan, Jehezkiel Parinding, Indah N. Patricia Steffina Mawitjere Philotheus E. A. Tuerah Pinontoan, Patricia P. Pratama, Moch. Dandy Barnas Quido Conferti Kainde Ramon Arthur Ferry Tumiwa Rampengan, Elsya S. Ratumbuisang, Keith F Rawis, Joulanda A M Rawung, Refien Khouni Silva Richard Daniel Herdy Pangkey Rima Liando, Sillia Rolles N. Palilingan Rolles Nixon Palilingan Rompis, Novie Noldy J. Rori, Yolanda Pinky Ivanna Rosanti Solango Rotty, Viktory Nicodemus Joufree Rugian, Checilia Rumerung, Finny Sania Srikandi Ruth Sriana Umbase Saerang, Hetwi Marselina salam surbakti, salam Sauyai, Stanly F M Shelty D. M. Sumual Shienty Gaspersz Shienty Gaspersz Sillaen , Widia M. Solango, Rosanti Stevi Becher Sengkey Sumanti, Eugeni Sumilat, Brenda Yunia Sumual, Tinneke E. M. Susan Noviaty Herienth Jacobus Suwaryaningrat, Ni Dewi Eka Suzan Jacobus Tamboto, Hendry Tawer, Beatrix Florida Theodorus Pangalila Thesia, Julianti Iggresya Truly Galancy Kerap Tuerah, Javier I. Tuerah, Tirsa T. C. Tuju, Anjeli A. Tunas, Koni Olive Umboh, Anne Vinno Petrus Manoppo Wa Ode, Firma Waha Labuan, Bernadina Walewangko, Stief Aristo Winda Lombogia Wodong, Aquilina Y. R. Zefanya M. Rembet Zoya F. Sumampouw