Agency theory assumes that all individuals acting on their own interests. As disclosed
Elqorni (2009), that the shareholders as principals are assumed only interested in financial
results or increased their investment in the company, being the agents disumsikan receive
financial compensation and satisfaction of the conditions that accompany the relationship.
Due to differences in interests, then each party trying to increase their profits. Elqorni
(2009), also mnegungkapkan that the principal wants the maximum return on investment
and eventually one of which is reflected by the increase in share dividends from each
stock owned, while the agency wants its interests be accommodated with the provision of
compensation / bonus / incentive / adequate remuneration and profusely for its
performance.