Electronic Theses and Dissertation

This study aims to determine the effect of managerial ownership, institutional ownership, and foreign ownership on agency cost of non financial companies were listed on indonesia stock exchange in 2015-2017. the independen variable are managerial ownership, institutional ownership, and foreign ownership. dependent variable is agency cost which is proxied as selling and general administrative (sga). this study was used secondary data from annual reports of non financial companies were listed on indonesia stock exchange in 2015-2017. the sample in this research consists of 64 non-financial companies taken by using purposive sampling method. data analysis method used is multiple linear regression analysis method. the result show that managerial ownership, institutional ownership, and foreign ownership had negative significant effect on agency cost. keyword: agency cost, managerial ownership, institutional ownership, foreign ownership