Abstract:
This study aimed to analyze the effect of managerial ownership, institutional
ownership, board size, independent board size, board size and the size of the
value of the company on the companies included in the LQ 45 index in Indonesia
Stock Exchange.
The sampling method used was purposive sampling. Of the population of frms
that enter in LQ 45 during the period of 2009-2011, taken nineteen sampel.
Alat companies that meet the criteria of analysis used is multiple linear
regression analysis by frst covering the classical assumption of normality test,
multikolonieritas, autocorrelation, heteroskedasticity.
The results showed a signifcant variable that is partially managerial ownership.
While the variable institutional ownership, board size, board size independent,
board size and size has no effect on frm value.
Keywords:
agency theory, corporate governance, corporate performance