TY  - JOUR
T1  - The Effect of Institutional Ownership and Voluntary Disclosure on Cost of Debt
AU - Hasanuddin, Agus Ismaya 
JO  - International Business Management
VL  - 11
IS  - 7
SP  - 1517
EP  - 1522
PY  - 2017
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2017.1517.1522
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2017.1517.1522
KW  - Institutional ownership
KW  -voluntary disclosure
KW  -cost of debt
KW  -control variable
KW  -ownership
KW  -reduce
AB  - 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.
ER  -