Pengaruh Leverage, Ukuran Dewan Direksi, Komite Audit, Kepemilikan Manajerial, dan Kepemilikan Institusional Terhadap Agency Cost pada Perusahaan Properti dan Real Estate yang Terdaftar di Bursa Efek Indonesia Periode 2018 – 2022

Abstract

This study aims to determine and analyze the effect of leverage, board of director size, audit committee, managerial ownership, and institutional ownership on agency cost in property and real estate companies listed on the Indonesia Stock Exchange for 2018 – 2022 period. Data was obtained through www.idx.co.id and the data in this study used panel data which is a combination of time series and cross section. The population in this study amounted to 92 companies and a sample of 15 companies was obtained. Data analysis techniques using multiple linear regression analysis of panel data. The result of this study indicate that leverage has a significant positive effect, board of director size has a significant negative effect, audit committee has an insignificant positive effect, managerial ownership has a significant positive effect, and institutional ownership has an insignificant effect on agency cost.