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Analisis pengaruh struktur kepemilikan dalam perusahaan terhadap kinerja hasil pengembalian perusahaan (studi kasus perusahaan LQ$% di Bursa Efek Indonesia periode 2006 - 2008)
This thesis discusses the influence of ownership structure with approach insider and institutional owners with the company's performance returns, using data from 36 companies listed in the LQ45 index of the Indonesia Stock Exchange with period from 2006 to 2008. Using the Random Effects Model, test results obtained are not significant and the direction of the relationship can not observed. This condition is indicated by the value of the estimated coefficient on the second model which is not consistent with one another. These results contrast with the results of a study by Fama and French (1992) which produces insignificant beta value. But the general conclusions with research in Malaysia by Gee and Ming (2008) produce similar results except with the level of significance on the control variables used. Insider ownership can not be overcome agency problems and institutional owners fail to carry out the monitoring role to the company. But when viewed in a specific way classifying samples based on the capitalization of the company, it?s found a significant relationship of institutional ownership to increase the value of the dividend yield but it is only for medium-sized and large companies. In other words, the institution oversight of effective role on the big and medium capitalization firm.Ada tabel
Call Number | Location | Available |
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6836 | PSB lt.2 - Karya Akhir | 1 |
Penerbit | Depok Departemen Ilmu Manajemen Fakultas Ekonomi Universitas Indonesia., 2010 |
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Edisi | - |
Subjek | Company performance Ownership structure Insider LQ45 |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | xv, 85 p., 28 p. : il. ; 30 cm & lamp |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |