Larasati Sukma Perdana

Impact of Capital Structure and Governance on Financial Performance through Agency Costs in ASEAN-5

Larasati Sukma Perdana, Sudrajat & Ninuk Dewi Kesumaningrum · South Asian Journal of Social Studies and Economics · 2025

Aims: To examine how agency costs mediate the relationship between capital structure, corporate governance, and financial performance in the Top 50 publicly listed companies across five ASEAN countries. Methodology: Uses panel data analysis and the Sobel test to analyze mediation...