This research proves the consistency of Agency Theory as a solution to explain the role of the influence of … directors, as well as political connections to financial distress. Panel data from these variables were obtained from companies … finding explains the political connection has no positive effect to financial distress. Panel data-based research through …

owners influence on firm performance depends on their ownership levels. By performing Panel Smooth Transition Regression …

strengthened (effective monitoring hypothesis) or weakened (myopic institutions theory) by the presence of institutional investors … in the firm’s ownership structure and corporate governance mechanism (agency theory). The study tested the proposed model …, based on the agency theory, institutional investors (as a homogeneous group) positively moderates the CSR and firm …

dynamic capabilities are deployed may affect their value. Drawing on agency theory, we propose that corporate governance …