KEPEMILIKAN MANAJERIAL, RISK TAKING DAN KINERJA PERUSAHAAN

Authors

  • Hermanto Hermanto Fakultas Ekonomi dan Bisnis, Universitas Mataram
  • Ni Ketut Surasni Fakultas Ekonomi dan Bisnis, Universitas Mataram
  • Abdul Azis Bagis Fakultas Ekonomi dan Bisnis, Universitas Mataram

Keywords:

kompetensi, kompetensi tersembunyi, kinerja, TGP2D

Abstract

Agency theory addresses conflict occurred between owners (principals) and managers (agents). Managerial compensation gift in the form of stock ownership aims to synchronize the interest of owners toward the interest of managers where in this case also act as owner. This research attempts to examine the effect of managerial ownership on the company value. The research focus is laid on the role of risk taking as a mediator. This is a cross section study, analyzing the sample data of the year 2019. The research sample consists of 50 companies taken purposively from the list of companies in Indonesia Stock Exchange. Results of the research cannot prove either direct effect or indirect effect of managerial ownership on company performance. Still the research finds a negative effect of risk taking on company performance.

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Published

2021-01-25

Issue

Section

Articles