PENGARUH KEPEMILIKAN INSTITUSIONAL DAN KEPEMILIKAN MANAJERIAL TERHADAP NILAI PERUSAHAAN

The main purpose of the company is to increase the value of the company. With the achievement of high corporate value, the prosperity for shareholders can increase. Factors that can affect the value of the company is the ownership structure of the company. This study aims to determine the effect of institutional ownership and managerial ownership of corporate value. The value of the company in this study is proportional to the value of Tobin's Q. The population of this study is a manufacturing company listed on the Indonesia Stock Exchange (IDX) during the period 2014-2016. The method of analysis in this study using multiple linear regression. The results of this study indicate that institutional ownership positively affects the value of the company while managerial ownership does not affect the value of the company.

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The relations between ownership structure and corporate performance: evidence from Bahrain stock exchange

Corporate Ownership and Control ◽

10.22495/cocv13i1p10 ◽

2015 ◽

Vol 13 (1) ◽

pp. 97-114

Author(s):

Reem Khamis ◽

Wajeeh Al-Ali ◽

Allam Hamdan

Keyword(s):

Ownership Structure ◽

Corporate Performance ◽

Stock Exchange ◽

Institutional Ownership ◽

Tobin’S Q ◽

Common Pattern ◽

Tobin's Q ◽

Future Studies

In this article we examine the relation between ownership structure and corporate performance; the sample of the study included 42 out of 48 companies (resembling 87.5% of the population) of all sectors in Bahrain Stock Exchange in five years from 2007-2011. Several dimensions of ownership structure were studied and two different measurements of performance were used (ROA and Tobin’s Q) to capture the different results from using each one of them and to assess the relevance of each measurement to performance and to justify the conflicting results found by previous studies. Another objective of this study was to explore the patterns of ownership structure found in Bahraini market. The results of the study revealed that institutional ownership is the most common pattern of ownership structure that exists in Bahraini market. The results of testing the effect of ownership structure on performance were conflicting as expected depending on the measurement of performance that was used. Several recommendations were given to investors depending on the results obtained from the study and several points were cleared out to be addressed by future studies.

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PENGARUH KEPEMILIKAN MANAJERIAL DAN KEPEMILIKAN INSTITUSIONAL TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI

JURNAL AKUNTANSI BARELANG ◽

10.33884/jab.v3i2.1013 ◽

2019 ◽

Vol 3 (2) ◽

pp. 64 ◽

Cited By ~ 1

Author(s):

Neni Marlina Br prba ◽

Syahril Effendi

Keyword(s):

Linear Regression ◽

Multiple Linear Regression ◽

Firm Value ◽

Stock Exchange ◽

Institutional Ownership ◽

T Test ◽

Coefficient Of Determination ◽

Managerial Ownership ◽

Manufacturing Companies ◽

F Test

This study aims to identify, analyze and determine the effect of managerial ownership and institutional ownership partially and simultaneously on the value of the company in manufacturing companies listed on the Indonesia stock exchange. The method used is quantitative. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2013 to 2016. The samples used in this study are manufacturing companies that have certain criteria. The sampling method is done by purposive sampling, which is based on certain criteria. The data analysis technique used is the classic assumption test (normality, multicollinearity, heterocedasticity, and autocorrelation), multiple linear regression, t test, F test and coefficient of determination. Based on multiple linear regression analysis of variable managerial ownership and institutional ownership of firm value obtained Y = 1,419 + 0,014 X1 +1,158 X2 + e. From the results of the t test performed, the sig value of the managerial ownership variable is 0.381> 0.05, it can be concluded that the managerial ownership variable (X1) does not have a significant effect on firm value. While the sig value of institutional ownership is 0,000 <0,05, it can be concluded that institutional ownership (X2) has a significant effect on firm value. From the results of the F test or the tests carried out simultaneously, the sig value is 0,000 <0,05, it can be concluded that management ownership (X1) and institutional ownership (X2) together have a significant effect on firm value, while the coefficient of determination obtained Adjusted R Square of 0.201. This means that the ability of managerial ownership and institutional ownership variables in explaining the dependent variable is equal to 20.1% and the remaining 79.9% is explained by other variables not discussed in this study.

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Pengaruh Struktural Kepemilikan Saham dan Profitabilitas Terhadap Nilai Perusahaan

Jurnal Akuntansi dan Ekonomika ◽

10.37859/jae.v10i1.1948 ◽

2020 ◽

Vol 10 (1) ◽

pp. 99-108

Author(s):

Ferdy Putra

Keyword(s):

Multiple Regression ◽

Ownership Structure ◽

Firm Value ◽

Sampling Method ◽

Stock Exchange ◽

Institutional Ownership ◽

Managerial Ownership ◽

Manufacturing Companies ◽

Purposive Sampling ◽

Manufacturing Company

This study aims to determine the effect of ownership structure (institutional ownership and managerial ownership) and profitability on firm value at Manufacturing companies in Indonesia Stock Exchange. Research conducted on a manufacturing company on the Indonesia Stock Exchange in the 2016-2018 observations period. By using purposive sampling method, obtained a sample of 48 companies. Data were analyzed using multiple regression. Based on the results of this study concluded that managerial ownership significant effect on firm value. Institutional ownership significant effect on firm value and profitability significant effect on firm value.

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Pengaruh Corporate Governance Terhadap Kinerja Keuangan Perusahaan Perbankan Yang Terdaftar di Bursa Efek Indonesia Tahun 2015-2019

Jurnal Ilmiah Pendidikan Scholastic ◽

10.36057/jips.v4i2.412 ◽

2020 ◽

Vol 4 (2) ◽

pp. 48-58

Author(s):

Annisa Annisa

Keyword(s):

Corporate Governance ◽

Linear Regression ◽

Financial Performance ◽

Multiple Linear Regression ◽

Stock Exchange ◽

Institutional Ownership ◽

T Test ◽

Managerial Ownership ◽

Research Model ◽

Regression Tests

The purpose of this research was to determine the effect of corporate governance on the performance of banking companies listed on the Indonesia Stock Exchange. The number of samples examined in this study were as many as 31 companies using the period from 2015 to 2019 so that the number of samples studied were 115 samples. Based on multiple linear regression tests conducted where each increase in managerial ownership will reduce financial performance. Based on multiple linear regression tests conducted where each increase in institutional ownership will improve financial performance. The results of the study are based on the t-test carried out for managerial ownership variables where the conclusions obtained are managerial ownership which has a negative and significant effect on financial performance. Based on the t test conducted for institutional ownership variables in which the conclusion obtained is institutional ownership has a positive and significant effect on financial performance. Based on the simultaneous F test, it was concluded that managerial ownership and institutional ownership variables have a joint or overall effect on financial performance. The amount of ability of independent variables in explaining the dependent variable is 14.3%, while the remaining 85.7% can be explained by other variables outside of the research model or research variables.

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Pengaruh Corporate Social Responsibility Terhadap Nilai Dan Kinerja Perusahaan Manufaktur

Jurnal ULTIMA Accounting ◽

10.31937/akuntansi.v3i1.39 ◽

2011 ◽

Vol 3 (1) ◽

pp. 1-13

Author(s):

Agustin Ekadjaja ◽

Vony Vony

Keyword(s):

Corporate Social Responsibility ◽

Linear Regression ◽

Confidence Level ◽

Stock Exchange ◽

Tobin’S Q ◽

Manufacturing Companies ◽

Simple Linear Regression ◽

Tobin's Q ◽

And Performance ◽

Corporate Social

This study aims to determine the effect of CSR Index to the value and performance of manufacturing companies listed on the Indonesia Stock Exchange (BEI), and to find out how much the ability of the variable CSR Index in explaining the variable Tobin’s Q, ROA, and ROE manufacturing companies listed on Indonesia Stock Exchange (BEI). This study uses data sampled during the 75 years from 2007 to 2009. A statistical method used to test the research hypothesis is a simple linear regression model. Therefore, before performing hypothesis testing carried out tests of classical assumptions. The results of this study prove that, CSR Index has a significant effect on Tobin’s Q and ROE with 95% confidence level. However, CSR Index has no significant influence on ROA with 95% confidence level. Key words : CSR Index, Variabel Tobin’s Q, ROA, ROE

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Investigating the Relationship Between Ownership Structure and Investment Efficiency in Emerging Markets: Evidence From the Egyptian Stock Market

International Journal of Accounting and Financial Reporting ◽

10.5296/ijafr.v8i4.13630 ◽

2018 ◽

Vol 8 (4) ◽

pp. 1

Author(s):

Ahmed Sayed Rashed ◽

Ebitihj Mostafa Abd ◽

Esraa Fathi Mohamed Ismail ◽

Doaa Mohamed Abd El Samea

Keyword(s):

Ownership Structure ◽

Stock Exchange ◽

Panel Data Analysis ◽

Negative Relationship ◽

Institutional Ownership ◽

Managerial Ownership ◽

Investment Efficiency ◽

Outside Director ◽

Director Ownership ◽

The Relationship

This paper aims to examine the relationship between Ownership Structure Mechanisms (Managerial Ownership, Institutional Ownership, Block holder Ownership and Outside Director Ownership) and Investment Efficiency by using panel data analysis. To investigate this relationship used the multiple regression models. Findings of investigation of 35 firms listed on the Egyptian Stock Exchange in the period 2006 to 2015 by balanced Panel model representative. Results indicated that Managerial Ownership isn’t related with investment efficiency. In contract, institutional ownership, block holder ownership and outside director ownership have a negative relationship with investment efficiency. In addition, the researcher found that control variables (Firm size, Debt ratio, Tobin’s Q) not related to investment efficiency. These findings imply that the Majority of Egyptians firms relies on institutional without individual ownership and then reduces much of possible from agency problems and decreasing information asymmetry and facilitating the monitoring of investment decisions.

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Factors Affecting Company's Capability in Performing Integrated Reporting: An Empirical Evidence From Indonesian Companies

Assets Jurnal Akuntansi dan Pendidikan ◽

10.25273/jap.v7i2.3315 ◽

2018 ◽

Vol 7 (2) ◽

pp. 141

Author(s):

Putu Sukma Kurniawan ◽

Made Arie Wahyuni

Keyword(s):

Regression Analysis ◽

Linear Regression ◽

Multiple Linear Regression ◽

Linear Regression Analysis ◽

Institutional Ownership ◽

Multiple Linear Regression Analysis ◽

Managerial Ownership ◽

Contrast Level ◽

Integrated Reporting ◽

Factors Affecting

This study examines the factors that affect the company's capability to perform integrated reporting. The analysis used in testing the hypothesis is multiple linear regression analysis. Results show that company’s size has positive and significant connection and stakeholder’s pressure has negative and significant connection with the company’s capability in performing integrated reporting. In contrast, level of company’s profitability, company’s managerial ownership, and company’s institutional ownership did not have enough connection with company’s capability in performing integrated reporting.

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The Effect of Institutional Ownership, Managerial Ownership and Deferred Tax Expense on Earnings Management in Indonesia

RSF Conference Series: Business, Management and Social Sciences ◽

10.31098/bmss.v1i3.325 ◽

2021 ◽

Vol 1 (3) ◽

pp. 243-250

Author(s):

Indra Kusumawardhani ◽

Sri Luna Murdianingrum

Keyword(s):

Regression Analysis ◽

Linear Regression ◽

Earnings Management ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Institutional Ownership ◽

Multiple Linear Regression Analysis ◽

Managerial Ownership ◽

Deferred Tax ◽

Tax Expense

The goal of this research was to see how Institutional Ownership, Managerial Ownership, and Deferred Tax Expense affected Earnings Management. In this study, 811 non-financial businesses listed on the Indonesia Stock Exchange from 2017 to 2019 were used as a sample. The independent factors in this study were Institutional Ownership, Managerial Ownership, and Deferred Tax Expense, while the dependent variable was Earnings Management. Multiple linear regression analysis was used to analyze the data in this study. This study's findings suggest that institutional and managerial ownership have an impact on earnings management. The Variable for Deferred Tax Expenses has no effect.

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The Effect of Ownership Structure, Profitability, Firm Size and Tangibility on Capital Structure

Management Analysis Journal ◽

10.15294/maj.v7i4.23478 ◽

2018 ◽

Vol 7 (4) ◽

pp. 494-505

Author(s):

Tika Iswarini ◽

Anindya Ardiansari

Keyword(s):

Capital Structure ◽

Firm Size ◽

Ownership Structure ◽

Financial Management ◽

Stock Exchange ◽

Institutional Ownership ◽

Managerial Ownership ◽

Manufacturing Companies ◽

Company Value ◽

Optimal Value

The important decision faced by financial management which relates to the continuity of company operations is funding decision which is capital structure. Capital structure achieves optimal value if the composition of debt and capital are able to increase company value. The purpose of this research is to examine the effect of ownership structure, profitability, firm size, and tangibility against capital structure (research on manufacturing companies listed on Indonesia Stock Exchange period 2012-2016). The population in this research were all manufacturing companies listed on the Indonesia Stock Exchange 2012-2016. This research used purposive sampling method with certain criteria to determine the sample. The sample used was 38 companies with the research period 2012-2016 at manufacturing companies listed on the Indonesia Stock Exchange. Multiple regression analysis using Eviews 8 was used to analyze the data. The result of multiple linear regression test showed that there were three independent variables that affect capital structure they were managerial ownership, firm size and tangibility. Whereas institutional ownership and profitability did not affect the capital structure of manufacturing companies in 2012-2016. The conclusion of this research is managerial ownership, firm size and tangibility have positive and significant effect on capital structure, while institutional ownership and profitability have negative and insignificant effect on capital structure.

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PENGARUH KRISIS MONETER PADA KINERJA KEUANGAN DAN NILAIPERUSAHAAN

Media Riset Akuntansi Auditing & Informasi ◽

10.25105/mraai.v9i1.666 ◽

2009 ◽

Vol 9 (1) ◽

pp. 34

Author(s):

Nelli Novyarni

Keyword(s):

Financial Performance ◽

Stock Exchange ◽

Tobin’S Q ◽

Corporate Value ◽

Manufacturing Companies ◽

Tobin's Q ◽

Financial Ratio ◽

Before And After ◽

Equity Ratio ◽

Monetary Crisis

This study was aimed analyzing the monetary crisis on financial performance and corporation value effect.This study found that the monetary crisis affect on financial performance and corporation value. The study on 50 manufacturing companies consist of 25 companies variety business and industry and pharmacist notes at Jakarta Stock Exchange from 1992 to 2002 revealed that the monetary crisis cause decrease in financial performance and corporate value. Based on before and after mean financial and Tobin 's Q ratio, it found that the monetary crisis cause decrease in financial performance especially in 1998 and corporation value from 1998 to 2002. This study also found that based on each sector, the monetary crisis affect all financial ratio at sector one, especially in 1998 and 2000 and the monetary crisis just affect debt to equity ratio from to 2002 at sector two. Beside that the monetary crisis affect corporation value of all sectors.Keywords: Monetary crisis; financial ratio; Tobin's Q; Financial Performance; Value of the firm.

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