PENGARUH BLOCKHOLDER OWNERSHIP, KINERJA KEUANGAN, DAN STRUKTUR MODAL TERHADAP PRAKTIK EKSPROPRIASI PADA PERUSAHAAN MANUFAKTUR

This research aims to analyze the influance of blockholders ownership, financial performance, capital structure on expropriation practices on manufacture company in Indonesia. Agency theory and Stakeholder theory used to explaine the influance between independent variable and dependent variable. The research periode were 2021 – 2023 with total sampels were 30 companies. Analyses method used descriptive statistic and multiple linear regression using spss version 19. The result shows that blockholder ownership and financial performance have no effect to exproriation practises, while capital structure has positive effect to expropriation practices.