Pengaruh Struktur Kepemilikan Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening Studi Pada Sektor Property dan Real Estate

This study aims to investigate the effect of ownership on firm value with profitability as an intervening variable. The dependent variable used is PBV. While the independent variables used are managerial ownership and institutional ownership. The intervening variable used is ROA. The data in this st...

Full description

Bibliographic Details
Main Author: Sutrisno, Luky Retno Sari
Format: Article
Language:Indonesian
Published: Universitas PGRI Madiun 2020-07-01
Series:EQUILIBRIUM: Jurnal Ilmiah Ekonomi dan Pembelajarannya
Subjects:
Online Access:http://e-journal.unipma.ac.id/index.php/equilibrium/article/view/7109
_version_ 1818085308436054016
author Sutrisno, Luky Retno Sari
author_facet Sutrisno, Luky Retno Sari
author_sort Sutrisno, Luky Retno Sari
collection DOAJ
description This study aims to investigate the effect of ownership on firm value with profitability as an intervening variable. The dependent variable used is PBV. While the independent variables used are managerial ownership and institutional ownership. The intervening variable used is ROA. The data in this study used an annual report from 18 property and real estate companies listed on the Indonesia Stock Exchange in 2014 to 2018. The data collection technique used purposive sampling technique obtained from the web www.idx.co.id and each website from the sample company. Data processing uses panel data regression and the results reveal that managerial ownership and institutional ownership have no effect on firm value. While profitability (ROA) is able to mediate institutional ownership of firm value. But profitability (ROA) is not able to mediate managerial ownership of firm value.
first_indexed 2024-12-10T20:07:43Z
format Article
id doaj.art-84a65f2451c545f7a0feb444b02c8cfc
institution Directory Open Access Journal
issn 2303-1565
2502-1575
language Indonesian
last_indexed 2024-12-10T20:07:43Z
publishDate 2020-07-01
publisher Universitas PGRI Madiun
record_format Article
series EQUILIBRIUM: Jurnal Ilmiah Ekonomi dan Pembelajarannya
spelling doaj.art-84a65f2451c545f7a0feb444b02c8cfc2022-12-22T01:35:21ZindUniversitas PGRI MadiunEQUILIBRIUM: Jurnal Ilmiah Ekonomi dan Pembelajarannya2303-15652502-15752020-07-018211512610.25273/equilibrium.v8i2.71092583Pengaruh Struktur Kepemilikan Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening Studi Pada Sektor Property dan Real EstateSutrisno, Luky Retno Sari0Universitas Islam IndonesiaThis study aims to investigate the effect of ownership on firm value with profitability as an intervening variable. The dependent variable used is PBV. While the independent variables used are managerial ownership and institutional ownership. The intervening variable used is ROA. The data in this study used an annual report from 18 property and real estate companies listed on the Indonesia Stock Exchange in 2014 to 2018. The data collection technique used purposive sampling technique obtained from the web www.idx.co.id and each website from the sample company. Data processing uses panel data regression and the results reveal that managerial ownership and institutional ownership have no effect on firm value. While profitability (ROA) is able to mediate institutional ownership of firm value. But profitability (ROA) is not able to mediate managerial ownership of firm value.http://e-journal.unipma.ac.id/index.php/equilibrium/article/view/7109managerial ownership, institutional ownership, company value, profitability
spellingShingle Sutrisno, Luky Retno Sari
Pengaruh Struktur Kepemilikan Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening Studi Pada Sektor Property dan Real Estate
EQUILIBRIUM: Jurnal Ilmiah Ekonomi dan Pembelajarannya
managerial ownership, institutional ownership, company value, profitability
title Pengaruh Struktur Kepemilikan Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening Studi Pada Sektor Property dan Real Estate
title_full Pengaruh Struktur Kepemilikan Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening Studi Pada Sektor Property dan Real Estate
title_fullStr Pengaruh Struktur Kepemilikan Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening Studi Pada Sektor Property dan Real Estate
title_full_unstemmed Pengaruh Struktur Kepemilikan Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening Studi Pada Sektor Property dan Real Estate
title_short Pengaruh Struktur Kepemilikan Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Intervening Studi Pada Sektor Property dan Real Estate
title_sort pengaruh struktur kepemilikan terhadap nilai perusahaan dengan profitabilitas sebagai variabel intervening studi pada sektor property dan real estate
topic managerial ownership, institutional ownership, company value, profitability
url http://e-journal.unipma.ac.id/index.php/equilibrium/article/view/7109
work_keys_str_mv AT sutrisnolukyretnosari pengaruhstrukturkepemilikanterhadapnilaiperusahaandenganprofitabilitassebagaivariabelinterveningstudipadasektorpropertydanrealestate