Measuring the Likelihood of Restructuring During the Decline in Company Performance Through the Agency Theory Model

Wachid Priyadi, Sudarto Sudarto, Rio Dhani Laksana


This research is a quantitative descriptive study with the aim to describe the influence of agency variables including leverage, management ownership, institutional ownership, controlling shares, independent directors, and board size on restructuring decisions through statistical tests. The research model used is binomial logistic regression to measure the likelihood of restructuring decisions through the agency model. The results of the research will be described in this paper.

Keywords:  Agency Theory, Binomial Logistics, Agency Variables, Restructuring.

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