CAN DEBT AND DIVIDEND POLICIES SUBSTITUTE INSIDER OWNERSHIP IN CONTROLLING EQUITY AGENCY CONFLICT?
The separation of ownership and control in modem corporations creates two parties namely the managers who are the agents and the ()timers who are the principals. Usually. the ago?ts do »iol work in the interests of the principals, which leads to the equity agency conflict. Agency theory suggests se...
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[Yogyakarta] : Universitas Gadjah Mada
2002
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