@article{MAKHILLIBM201711727267,
    title = {The Effect of Institutional Ownership and Voluntary Disclosure on Cost of Debt},
    journal = {International Business Management},
    volume = {11},
    number = {7},
    pages = {1517-1522},
    year = {2017},
    issn = {1993-5250},
    doi = {ibm.2017.1517.1522},
    url = {https://makhillpublications.co/view-article.php?issn=1993-5250&doi=ibm.2017.1517.1522},
    author = {Agus Ismaya},
    keywords = {Institutional ownership,voluntary disclosure,cost of debt,control variable,ownership,reduce},
    abstract = {We examine the effect of institutional ownership and voluntary disclosure on cost of debt for the
population of manufacturing companies listed in the Indonesia Stock Exchange (IDX) from 2006-2010. Voluntary
disclosure is measured using the 32 criteria established by researchers below. The sample of 34 companies is
selected from the population using a purposive sampling method. This study uses secondary data from the IDX
Capital Market Reference Center in the form of annual financial reports from 2006-2010. Statistical testing is by
using multiple regression analysis. This study uses firm size as a control variable. Our results show that
institutional ownership and voluntary disclosure have a negative significant effect on cost of debt that is they
reduce the cost of debt. Meanwhile, the size of a firm does not affect the cost of debt.}
    }