Pengaruh Agency Cost, Struktur Modal dan Ukuran Perusahaan Terhadap Kinerja Perusahaan Manufaktur yang Terdapat di BEI

Abstract

The manufacturing industry is one industry that dominates the Indonesian Stock Exchange (BEI). Manufacturing company in Indonesia in the new economy today should strive to produce high quality goods at low cost in order to improve competitiveness in both the domestic and global markets. Because of these conditions of business competition between companies is getting stronger every year, which makes managers continue to improve the company's performance in developing and running the business. This study is an analysis using multiple linear regression analysis approach with a significance level of 5% and predict the company's performance in relation to other variables. Koefesiensi test of determination (R2 test) was performed to determine the influence of agency cost, capital structure, and firm size. T statistical test (t test) and statistical test F (F test) is used to show how the influence of agency cost, capital structure, and the size of the company on corporate performance partially and silmutan. This study uses a program eviews 8 in data processing and data used in this study is an annual financial statement data from 2012 to 2015 for each of the study variables. This study shows that the agency cost, DER, DAR, lder, and simultaneously SIZE significant effect on corporate performance (ROE). While the capital structure proxied by the variable DER, DAR, lder partially significant effect on corporate performance (ROE). While the agency cost and size of the company partially not significant effect on company performance (ROE).