scholarly journals SOES CORPORATE PERFORMANCE ON IDX AND SOME INFLUENCED FACTORS

2021 ◽  
Vol 19 (4) ◽  
pp. 884-895
Author(s):  
Zainuddin Iba ◽  
◽  
Yudi Syahputra ◽  
Ghazali Syamni ◽  
Mahdawi Mahdawi ◽  
...  
Keyword(s):  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Institutional Ownership ◽  
Annual Reports ◽  
Political Connections ◽  
Factors Affecting ◽  
Common Effect ◽  
Effect Model ◽  
Random Effect Models

State-owned enterprises are government-owned businesses that have been privatized and can be close to politicians from political parties. They are also notorious for being poorly managed. The purpose of this research is to examine how political connections, institutional ownership, cash holdings, company size, and leverage affect the performance of state-owned enterprises on the Indonesia Stock Exchange. The data for this study comes from the annual reports of 20 state-owned enterprises (SOEs) listed on the IDX from 2014 to 2018. This research model is a panel regression model that tests the common effect, fixed-effect, and random effect models. Based on the Chow test and Hausman test, the best model in this study is the random effect model. The results found that political connections, institutional ownership, and cash holding are significant factors affecting the performance of state-owned companies. Another finding was that companies with stronger political connections affect the performance of state-owned companies. On the other hand, this study did not find companies having political connections affect the performance of state-owned companies. This finding is expected to provide benefits for investors to consider SOEs companies to invest.

Analisis Pengaruh Kepemilikan Blockholder, Kepemilikan Manajerial, Kepemilikan Institusional, dan Komite Audit terhadap Nilai Perusahaan

2018 ◽  
Vol 2 (1) ◽  
pp. 96-121
Author(s):  
Iwan Wirawardhana ◽  
Meco Sitardja
Keyword(s):  
Firm Value ◽  
Audit Committee ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Institutional Ownership ◽  
Managerial Ownership ◽  
Estimation Model ◽  
Effect Model ◽  
Positive Effect

The aim of this study is to analyse the effect of Blockholder Ownership, Managerial Ownership,Institutional Ownership, and Audit Committee towards Firm Value. The background of this research isthe agency theory and ownership theory. The population in this study are 46 property companies listedon the Indonesia Stock Exchange (IDX) for the period 2012-2016. By using purposive samplingtechnique, 35 companies are qualified as data samples. This research uses the random effect model asthe estimation model and multiple regression as the method of analysis. The results of this study showsthat Institutional Ownership has a positive effect on Firm Value. Meanwhile, Blockholder Ownership,Managerial Ownership, and Audit Committee have no effect on Firm Value. Moreover, the F-testimplies that the variables, blockholder ownership, managerial ownership, institutional ownership, andaudit committee, simultaneously influence firm value.

scholarly journals PENGARUH KEPEMILIKAN INSTITUSIONAL, INTELLECTUAL CAPITAL, DAN LEVERAGE TERHADAP FINANCIAL DISTRESS

2019 ◽  
Vol 2 (2) ◽  
pp. 27
Author(s):  
Saskhia Irving Maest Purba
Keyword(s):  
Intellectual Capital ◽  
Financial Distress ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Sampling Technique ◽  
Institutional Ownership ◽  
Effect Model ◽  
Panel Data Regression ◽  
Data Regression

The purpose of this study is to determine the influence of institutional ownership (KI), intellectual capital (IC) and Leverage (DER) to financial distress (Springate) financial distress condition. Independent variables in this study are institutional ownership (KI), intellectual capital (IC) and Leverage (DER) and financial distress (Springate) partially or simultaneously. Population in this study is Manufacture companies’s sector listed on Indonesia Stock Exchange in 2014-2017. The sampling technique was using purposive sampling, obtained 128 sample data and use Panel data regression analysis using software Eviews 10. Random effect model was chosen after 3 regression panel test. Simultaneously, all the independet variables have significant effect to dependent variable (financial distress). Partially intellectual capital (IC) have negative significant effect with to financial distress. Leverage (DER) have positive significant effect to financial distress. But institutional ownership (KI) have no significant effect to financial distress. Keyword: Financial distress, Institutional Ownership, Intellectual Capital, Leverage

scholarly journals EFFECT OF R & D INVESTMENT ON PERFORMANCE OF BANKING SECTOR IN PAKISTAN

2018 ◽  
Vol 5 (1) ◽  
pp. 1-6
Author(s):  
Shaheen Fatima ◽  
Samreen Fatima ◽  
Nausheen Fatima
Keyword(s):  
Banking Sector ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Fixed Effect ◽  
Least Square ◽  
Annual Reports ◽  
New Production ◽  
Effect Model ◽  
D Investment

Research and development activity initiates and promotes new production, increase knowledge level, and introduces new techniques of technology implementation and production. The current study presents and unveils the diversifying behavior of variables affecting the performance of banking sector and R&D investment association. cross sectional fixed effect model and random effect model utilizing ordinary least square methods were applied to secondary data collected from reliable sources of annual reports published by banks listed on Pakistan stock exchange and further such data was verified from state bank of Pakistan official sire .the data range from 2012-2017 and only 10 private banks were considered as sample size which were listed on Pakistan stock exchange. The intense literature guide that the performance of banks is affected by ROA, ROE, AND EPS. Furthermore Hausman test ass applied and it was concluded that when firm’s performance is dependent variable then fixed effect is better and thee is relationship between R&D investment and performance of banks.

Analisis Pengaruh Kepemilikan Blockholder, Kepemilikan Manajerial, Kepemilikan Institusional, dan Komite Audit terhadap Nilai Perusahaan

2019 ◽  
Vol 2 (1) ◽  
pp. 96-121
Author(s):  
Iwan Wirawardhana ◽  
Meco Sitardja
Keyword(s):  
Firm Value ◽  
Audit Committee ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Sampling Technique ◽  
Institutional Ownership ◽  
Managerial Ownership ◽  
Estimation Model ◽  
Effect Model

The aim of this study is to analyse the effect of Blockholder Ownership, Managerial Ownership, Institutional Ownership, and Audit Committee towards Firm Value. The background of this research is the agency theory and ownership theory. The population in this study are 46 property companies listed on the Indonesia Stock Exchange (IDX) for the period 2012-2016. By using purposive sampling technique, 35 companies are qualified as data samples. This research uses the random effect model as the estimation model and multiple regression as the method of analysis. The results of this study shows that Institutional Ownership has a positive effect on Firm Value. Meanwhile, Blockholder Ownership, Managerial Ownership, and Audit Committee have no effect on Firm Value. Moreover, the F-test implies that the variables, blockholder ownership, managerial ownership, institutional ownership, and audit committee, simultaneously influence firm value.

Effect of R & D Investment on Performance of Banking Sector in Pakistan

2018 ◽  
Vol 5 (4) ◽  
pp. 7-12
Author(s):  
Shaheen Fatima ◽  
Samreen Fatima ◽  
Nausheen Fatima
Keyword(s):  
Banking Sector ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Fixed Effect ◽  
Least Square ◽  
Annual Reports ◽  
New Production ◽  
Effect Model ◽  
D Investment

Research and development activity initiates and promotes new production, increase knowledge level, and introduces new techniques of technology implementation and production. The current study presents and unveils the diversifying behavior of variables affecting the performance of banking sector and R&D investment association. cross sectional fixed effect model and random effect model utilizing ordinary least square methods were applied to secondary data collected from reliable sources of annual reports published by banks listed on Pakistan stock exchange and further such data was verified from state bank of Pakistan official sire .the data range from 2012-2017 and only 10 private banks were considered as sample size which were listed on Pakistan stock exchange. The intense literature guide that the performance of banks is affected by ROA, ROE, AND EPS. Furthermore Hausman test ass applied and it was concluded that when firm’s performance is dependent variable then fixed effect is better and thee is relationship between R&D investment and performance of banks. Key words: R &D Investment, Performance of banking sector, banking sector in Pakistan

scholarly journals Impact of Ownership Structure on Earnings Management: Evidence from Pakistan

2018 ◽  
Vol 1 (1) ◽  
pp. 51-58
Author(s):  
Amir Rafique ◽  
Mouhammad Hanif Akhtar ◽  
Muhammad Umer Quddoos ◽  
Sher Dil Khan Jadoon
Keyword(s):  
Earnings Management ◽  
Ownership Structure ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Institutional Ownership ◽  
Foreign Ownership ◽  
Financial Firms ◽  
Effect Model ◽  
The Impact

The aim of the current study is to examine the impact of ownership structure on earnings management by using three aspects of ownership i.e. managerial, institutional and foreign. The sample consists of non-financial firms included in KSE-100 index of Pakistan Stock Exchange (PSX). The modified Jones model is used to calculate earnings management and random effect model regression is applied to test the impact of ownership structure on earnings management. The findings reveal that firms with high managerial and foreign ownership, engage more in earnings management. However, analysis reveal insignificant relationship between institutional ownership and earnings management.

scholarly journals Analisis Faktor-Faktor yang Mempengaruhi Jumlah Penduduk di Kota Semarang Menggunakan Metode Regresi Data Panel

2019 ◽  
Vol 12 (2) ◽  
pp. 36-41
Author(s):  
Prizka rismawati Arum
Keyword(s):  
Panel Data ◽  
Random Effect ◽  
Geographical Area ◽  
Random Effect Model ◽  
Factors Affecting ◽  
Effect Model ◽  
Panel Data Regression ◽  
Data Regression ◽  
The Relationship ◽  
Number Of Births

Residents are all people who live in the geographical area of Indonesia for six months or more and or those who have been domiciled for less than six months but aim to settle. Population growth is caused by two components, namely: fertility and mortality. To find out how big the relationship between the  population and the number of births and deaths in each sub-district of Semarang, must observed in several specific time periods and places at once. So in this study, the panel data regression method was used. In panel data regression testing, the results show that the panel data regression model formed to determine the factors that influence the level of population is the random effect model. In this model all assumptions are fulfilled. Significant factors affecting population are number of births. Births and deaths affect the population of 99.95% and the remaining 0.05% is influenced by other factors not examined Penduduk adalah semua orang yang berdomisili di wilayah geografis Indonesia selama enam bulan atau lebih dan atau mereka yang berdomisili kurang dari enam bulan tetapi bertujuan menetap. Pertumbuhan penduduk diakibatkan oleh dua komponen yaitu: fertilitas dan mortalitas. Untuk mengetahui seberapa besar keterkaitan antara jumlah penduduk dengan jumlah kelahiran dan kematian di setiap kecamataan Kota Semarang, harus diamati dalam beberapa periode waktu tertentu dan beberapa tempat secara bersamaan. Sehingga dalam penelitian ini digunakan metode regresi data panel. Dalam pengujian regresi data panel, didapatkan hasil bahwa Model regresi data panel yang terbentuk untuk mengetahui faktor-faktor yang mempengaruhi tingkat jumlah penduduk adalah model random Effect. Pada model tersebut semua asumsi terpenuhi. Faktor yang signifikan mempengaruhi jumlah penduduk adalah jumlah kelahiran. Kelahiran dan kematian mempengaruhi jumlah penduduk sebesar 99.95% dan sisanya sebesar 0.05% dipengaruhi oleh faktor- faktor lain yang tidak di teliti.    

scholarly journals The Influence of Financial Performance and Corporate Governance Mechanism on Capital Structure

2018 ◽  
Vol 7 (4) ◽  
pp. 400-413
Author(s):  
Emi Lusiana ◽  
Ketut Sudarma
Keyword(s):  
Data Analysis ◽  
Capital Structure ◽  
Firm Size ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Institutional Ownership ◽  
Governance Mechanism ◽  
Board Size ◽  
The Capital Structure

The research aims to determine whether asset structure, firm size, profitability, growth sales, board size, and institutional ownership on the capital structure. The population of this research are all mining and mining service companies listed in Indonesia Stock Exchange period 2012-2016. The sample are 27 companies, so the data observation as much as 135 data. The data analysis technique used was linier regression analysis with Random Effect Model approach. The result of data analysis showed that profitability and growth sales have significant affect on capital structure. Profitability have significant negative affect and growth sales have significant positive affect. The conclusion of this research showed that the capital structure on mining and mining service was influenced by profitability and growth sales, while asset structure, firm size, board size and institutional ownership did not have significant affect. The writer suggeststhat the company should improve profitability by increasing company’s sales and stable sales growth in order to reduce the company’s dependence on debt.

scholarly journals FAKTOR DETERMINAN AUDIT REPORT LAG PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2017-2019

2021 ◽  
Vol 5 (2) ◽  
pp. 132-141
Author(s):  
Zulfa Rosharlianti
Keyword(s):  
Financial Distress ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Manufacturing Companies ◽  
Audit Report ◽  
Investment Opportunity ◽  
Analysis Techniques ◽  
Effect Model ◽  
Independent Variable

This study aims to determine the description and determinants of audit report lag factors in manufacturing companies listed on the Indonesia Stock Exchange in 2017-2019. The research independent variable is financial distress, investment opportunity and KAP reputation, while the dependent variable is audit report lag. Samples were taken through purposive sampling, in order to obtain a number of 31 companies. Data analysis techniques used multiple linear regression panel data Random Effect Model. The results of this study are that together financial distress, investment opportunity and KAP reputation have a significant effect on audit report lag. Partially, financial distress has no effect on the audit report lag, investment opportunity has no effect on the audit report lag, and the reputation of KAP has no effect on the audit report lag.

scholarly journals Analisis Pengaruh Profitabilitas, Likuiditas dan Struktur Modal Terhadap Nilai Perusahaan Perbankan yang Terdaftar Di Bursa Efek Indonesia (BEI) Periode 2014-2018

2020 ◽  
Vol 4 (6) ◽  
pp. 293
Author(s):  
Richard Richard
Keyword(s):  
Regression Analysis ◽  
Capital Structure ◽  
Firm Value ◽  
Stock Exchange ◽  
Random Effect ◽  
Random Effect Model ◽  
Model Method ◽  
Effect Model ◽  
Research Show

This study examines the effect of profitability, liquidity and capital structure on firm value of banking companies listed in Indonesia Stock Exchange from 2014 until 2018. Samples of this study were 20 banking company. The method of analysis used in this research is regression analysis of data panel with Random Effect Model method. The result of this research show that profitability and capital structure partially have significant effect on firm value of banking company, while liquidity have no significant effect on firm value of banking company.

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