Title: INSTITUTIONAL OWNERSHIP, FIRM PERFORMANCE AND THE MODERATING EFFECT OF INSTITUTIONAL OWNERSHIP TYPE
Author: MOH MAULIDI SYARIF
Item Type : Thesis (Thesis)
Affiliations: Master of Management Science Study Program, Faculty of Economics and Business, Universitas Airlangga , Surabaya, Indonesia
Publisher: Universitas Airlangga
Abstract
The purpose of this study is to examine the effect of institutional ownership on company performance with the moderating variable of institutional ownership type in non-financial companies listed on the Indonesia Stock Exchange (IDX). This study uses a multiple linear regression model. The research variable data were obtained from the company's financial and annual reports for the period 2012 to 2016. The dependent variable in this study is company performance as measured by return on assets (ROA) and Tobin's Q. The independent variable used in this study is institutional ownership. The moderating variable in this study is the type of institutional ownership consisting of active institutional ownership, foreign institutional ownership, and large institutional ownership. The results of the study indicate that institutional ownership has a positive effect on company performance. Active institutional ownership, foreign institutional ownership, and large institutional ownership strengthen the positive influence of institutional ownership on company performance.
Keywords: Institutional Ownership, Active Institutional Ownership, Foreign Institutional Ownership, Large Institutional Ownership, Firm Performance
Sources: http://repository.unair.ac.id/80414/