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Interdependence between Institutional Ownership and Leverage of Free Cash Flow: The Development of Agency Theory Model in Balancing Conflict of Interest in Indonesian Company
(Mediterranean Journal of Social Sciences – Vol.6 No.3, May 2015 - ISSN 2039-2117 - MCSER Publishing, Rome-Italy, 2015-05)
Agency conflict arises due to the differences of interest between owner, manager and creditors. Therefore, the researchers are trying to find the appropriate model in order to reduce the agency conflict issues that occur. ...