Pengaruh Struktur Kepemilikan dan Ukuran (Size) Perbankan Terhadap Kinerja Perbankan 2009-2014
Abstract
The ownership structure and size is an important part of long-term survival of banking industry, both of which can affect the quality of manager (agent) to manage a bank, and encourage shareholders (principals) to manage banking operations in order to improve the performance of the banking system.This study is conducted to analyze the effect of Ownership Structure and size of banks on banks performance. Both Ownership structure which is represented by Institutional Ownership and Managerial Ownership and.size are independend variables, with Return On Equity is used as a proxy for performance valuation. This study used 6 samples of banks listed in Indonesian Stock Exchange for the period 2009-2014. Technique analysis used panel data regression analysis with Microsoft Excel 2003 data processing and Eviews.8. From the results of the panel data processing, the Common Effect Model approach is obtained as the best model for estimating panel data regression model. The research proves that managerial ownership and banks size have significant impact on banks performance, meanwhile institutional ownership has no significant impact on banks performance. Simultaneously, the three variables have a significant effect and contributed 63.07 percent to the banks performance in Indonesian Stock Exchange from 2009 to 2014, meanwhile the remaining 36,93 percent is influenced by other variables.Researcher suggests prolonging the research period, extending the sample criteria and increasing the ownership structure of foreign ownership, the government and society as well as adding the variable of Price Earning Ratio (PER) as a proxy for banking performance.
Keywords
Full Text:
PDFReferences
Abdurrahman, D. S. (2008). Pengaruh Penerapan GCG dan Struktur Kepemilikan Terhadap Kinerja Perusahaan (Studi Empiris pada Perusahaan LQ 45 Tahun 2001-2005 di BEJ).
Agnes. (2013). Pengaruh Kepemilikan Manajerial, Struktur Modal, dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Padang: Universitas Negeri Padang.
Agustine, I. (2014). Pengaruh Corporate Social Responsibility Terhadap Nilai Perusahaan. Finesta, Vol. 2(1), 42-47.
Al-Matari, E. M., Al-Swidi, A. K., & Fadzil, F. H. B. (2013). Ownership Structure Characteristics and Firm Performance: A Conceptual Studies. Journal of Sociological Research, Vol. 4(2), 464-493.
Ardianingsih, A., dan Ardiyani, K. (2010). Analisis Pengaruh Struktur Kepemilikan Terhadap Kinerja Perusahaan. Jurnal Pena, Vol. 19(2), 97-109.
Al-Najjar, B. (2010). Corporate Governance and Institutional Ownership: evidence from Jordan. Corporate Governance: The international Journal of Business in Society, Vol. 10(2), pp. 176-190.
Chen, Y., & Hammes, K. (2004). Capital Structure. Theories and Empirical Results – a Panel Data Analysis. SSRN Electronic Journal.
Chung, K. H; J, Elder; and J, C, Kim. (2010) Corporate Governance and Liquidity. Journal of Financial and Quantitative Analysis, pp. 265-29.
Chung, K. H., & Zhang, H. (2011). Corporate Governance and Institutional Ownership. Journal of Financial and Quantitative Analysis, Vol. 46 (1). 247-273.
Demsetz, Harold and Villalonga, Belen. (2001). Ownership Structure and Corporate Performance. Journal of Corporate Finance, pp. 209-233.
Fazlzadeh, A., Hendi, A. T., & Mahboubi, K. (2011). Examination of the Effect of Ownership Structure on Firm Performance in Listed Firms of Tehran Stock Exchange Based on the Type of the Industry. International Journal of Business and Management, Vol. 6(3), 249-266.
Gugong, B. K., Arugu, L. O., & Dandago, K. I. (2014). The Impact of Ownership Structure on the Finance performance of Listed Insurance Firms in Nigeria. International Journal of Academic Research in Accounting, Finance and Management Sciences, Vol. 4(1), 409-416.
Haruman, T. (2008). Pengaruh Struktur Kepemilikan Terhadap Keputusan Keuangan dan Nilai Perusahaan Survey pada Perusahaan Manufaktur di PT. Bursa Efek Indonesia. SNA XI: Ikatan Akuntan Indonesia.
Iavorskyi, M. (2013). The Impact of Capital Structure on Firm Performance: Evidence from Ukraine. Kyiv School of Economics.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the Firm: Managerial Behaviour, Agency Costs and Ownership Structure. Journal of Financial Economics, October, 1976, V. 3, No. 4, pp. 305-360.
Kristianto, R. (2010). Pengaruh Struktur Kepemilikan, Struktur Modal, Profitabilitas, dan Ukuran Perusahaan Terhadap Nilai Perusahaan. Surabaya: STIE Perbanas.
Mirawati. (2013). Pengaruh Struktur Kepemilikan dan Ukuran Perusahaan Terhadap Profitabilitas Perusahaan Property dan Real Estate yang Terdaftar di Bursa Efek Indonesia.
Morck, R., A, Shleifer; and R, W, Vishny. (1988). Management Ownership and Market Valuation: An Empirical Analysis. Journal of Financial Economics, pp. 293-315
Munthe, K. (2008). Pengaruh Struktur Kepemilikan, Karakteristik Perusahaan, Tata Kelola Korporasi Terhadap Kinerja Perusahaan Manufaktur di Bursa Efek Indonesia.
Munthe, K. (2012). Pengaruh Struktur Kepemilikan Saham Terhadap Kinerja Perusahaan pada Perusahaan yang Telah Tercatat di Bursa Efek Indonesia.
Prasetyanto, P., & Chariri, A. (2013). Pengaruh Struktur Kepemilikan dan Kinerja Intellectual Capital Terhadap Nilai Perusahaan. Diponegoro Journal of Accounting, Vol. 2(2), 1-12.
Puspito. (2011). Pengaruh Struktur Kepemilikan Pada Kinerja Perusahaan dengan Struktur Modal Sebagai Pemoderasi (Studi pada Perusahaan Makanan dan Minuman yang Terdaftar di BEI). Riset Manajemen & Akuntansi, Vol. 2(3), 84-113.
Setiawan, M., Bernik, M., & Sondari, M. C. (2006). Pengaruh Struktur Kepemilikan, Karakteristik Perusahaan, dan Karakteristik Tata Kelola Korporasi Terhadap Kinerja Perusahaan. Universitas Padjadjaran.
Wahla, K., Shah, S. Z., & Hussain, Z. (2012). Impact of Ownership Structure on Firm Performance Evidence from Non-Financial Listed Companies at Karachi Stock Exchange. International Research Journal of Finance and Economics – Issue 84. 6-13.
Wati, N. A., & Darmayanti, N. P. (2013). Pengaruh Kepemilikan Manajerial dan Kinerja Keuangan Terhadap Kebijakan Dividend an Nilai Perusahaan.
Windah, G. C., & Andono, F. A. (2013). Pengaruh Penerapan Corporate Governance Terhadap Kinerja Keuangan Perusahaan Hasil Survei The Indonesian Institute Perception Governance (IICG) Periode 2008-2011. Jurnal Ilmiah Mahasiswa Universitas Surabaya, Vol. 2(1).
Wiranata, Y. A., & Nugrahanti, Y. W. (2013). Pengaruh Struktur Kepemilikan Terhadap Profitabilitas Perusahaan Manufaktur di Indonesia. Jurnal Akuntansi & Keuangan, Vol. 15(1), 15-26.
www.idx.co.id.
DOI: https://doi.org/10.31334/trans.v8i2.65
Copyright (c) 2016 Transparansi : Jurnal Ilmiah Ilmu Administrasi
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
View My Stats
Transparansi : Jurnal Ilmiah Ilmu Administrasi
Email :[email protected]
Website:https://ojs.stiami.ac.id/index.php/transparansi
LISTED & INDEXED :