PENGARUH KETERBACAAN LAPORAN, RELEVANSI NILAI, DAN LEVERAGE TERHADAP BIAYA KEAGENAN DENGAN CAKUPAN ANALIS SEBAGAI VARIABEL PEMODERASI

Abstract

This research aimed to examine and analyze the effect of annual report readability, relevance of financial information value, and leverage on the agent cost with an analysis scope as a moderating variable. The population was all Mining companies listed on the Indonesia Stock Exchange (IDX) during 2018-2022. It consisted of 40 companies. The research was quantitative. Moreover, the data collection technique used purposive sampling. In line with that, there were 40 companies as the sample. The data analysis technique used multiple linear regression. The result of testing and analysis showed that annual report readability had a positive effect on agent cost. However, the relevance of financial information value did not affect agent cost. In contrast, leverage had a negative effect on agent cost. Furthermore, analyst coverage was able to moderate the effect of annual report readability and agent cost. Additionally, analyst coverage was not able to moderate the effect of leverage and agent cost.