Pengaruh Struktur Modal dan Ukuran Perusahaan Terhadap Biaya Keagenan Pada Perusahaan Manufaktur (Consumer Goods Industry) yang Terdafatar di Bursa Efek Indonesia Tahun 2012-2016

Abstract

This research aims to examine the effect of capital structure and firm size of companies partially or simultaneously on the agency cost of manufacturing companies in the consumer goods sector. This research using purposive sampling method which is a method of determining the number of samples selected at random based on the criteria. During the period 2012 – 2016, 17 companies were selected as the samples in this research. With the help of Eviews 9 program, the data analysis techniques starting from descriptive statistical tests, then continued with panel data regression analysis, after that the classic assumption test and the last test is hypothesis testing. These results show that capital structure partially has a positive affect and not significant on agency cost and firm size has a negative affect and significant on agency cost. Capital structure and firm size simultaneously has affect on the agency cost and can be explained by 90,2846% while the remaining 9,7154% are explained by other variables not examined in this research.