Indonesian Journal of Innovation and Applied Sciences (IJIAS)
Vol. 1 No. 3 (2021): October-January

The Effect of Ownership Structure on Financial Performance in Lippo Group Company

Ristati (Faculty of Economics and Business Universitas Malikussaleh, Indonesia)
Raihan Cahaya (Faculty of Economics and Business, Malikussaleh University, Indonesia)
Nurlela (Faculty of Economics and Business, Malikussaleh University, Indonesia)
Ghazali Syamni (Faculty of Economics and Business, Malikussaleh University, Indonesia)
Zulham Ibrahim (Faculty of Social Science and Political Science, Malikussaleh University, Indonesia)



Article Info

Publish Date
28 Oct 2021

Abstract

This study examined the effect of Ownership Structure on Financial Performance at Lippo Group companies in Indonesia from 2015 to 2019. The number of samples in this study was 14 companies and 60 observations. The data were accessed on www.idx.go.id. The data used in this study was panel data or a combination of cross-section data and time-series data. The data analysis method in this research was the Panel Data Regression analysis method with panel estimation model Random Effect Model. The results showed that Managerial ownership and institutional ownership had a negative and significant effect on financial performance.

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Journal Info

Abbrev

ijias

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Mathematics Social Sciences

Description

AIM Indonesian Journal of Innovation and Applied Sciences (IJIAS) is an International Journal, Peer-Reviewed, and Open Access which is devoted to disseminating the results of community service, innovation research, and research results in applied sciences. IJIAS does not accept a critical review ...