STRUKTUR KEPEMILIKAN DAN PROFITABILLITAS: ANALISIS PADA INDUSTRI PROPERTI DAN REAL ESTATE INDONESIA

Article Sidebar

PDF
Published: Dec 30, 2023
DOI: https://doi.org/10.30997/jakd.v9i2.11300

Main Article Content

Hayuningtyas Pramesti Dewi
Universitas Krisnadwipayana

Abstract

Latar belakang dari konsep penelitian ini adalah kondisi profitabilitas yang diproxykan menggunakan ROA dari perusahaan industri properti dan real estate yang mengalami penurunan saat pandemi COVID 19 dan mengalami pelambatan kenaikan kembali.  Adapun Tujuan dari penelitian ini adalah untuk menginvestigasi faktor-faktor yang dapat mempengaruhi profitabilitas yang dalam hal ini diproxykan menggunakan variabel kepemilikan manajerial dan kepemilikan institusional. Desain penelitian yang dilakukan dalam penelitian ini adalah deskriptif yang di kuantitatifkan dengan objek data penelitian  diperoleh dari Bursa Efek Indonesia pada periode tahun pengujian 2018 – 2021 yang diuji menggunakan regresi linier berganda. Hasil penelitian ini menunjukan bahwa kepemilikan manajerial memiliki pengaruh negatif dan tidak signifikan terhadap profitabilitas, sedangkan kepemilikan institusional memiliki pengaruh positif dan signifikan terhadap profitabilitas, Adapun secara simultan kedua variabel indepen memiliki pengaruh terhadap variabel profitabilitas

Article Details

How to Cite
Pramesti Dewi, H. (2023). STRUKTUR KEPEMILIKAN DAN PROFITABILLITAS: ANALISIS PADA INDUSTRI PROPERTI DAN REAL ESTATE INDONESIA. JURNAL AKUNIDA, 9(2), 80–87. https://doi.org/10.30997/jakd.v9i2.11300
Issue
Vol. 9 No. 2 (2023): December
Section
Articles
Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Authors who publish with Jurnal Akunida agree to the following terms:

  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in Jurnal Akunida.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in Jurnal Akunida. 
  3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work

References

Alarussi, A. S., & Gao, X. (2021). Determinants of profitability in Chinese companies. International Journal of Emerging Markets. https://doi.org/10.1108/IJOEM-04-2021-0539

Alawi, S. M. (2022). The role of corporate governance towards insider trading profitability. Journal of Economic and Administrative Sciences, ahead-of-p(ahead-of-print). https://doi.org/10.1108/JEAS-04-2022-0110

Ali, A., Qiang, F., & Ashraf, S. (2018). Regional dynamics of ownership structure and their impact on firm performance and firm valuation: A case of Chinese listed companies. Review of International Business and Strategy, 28(1), 128–146. https://doi.org/10.1108/RIBS-02-2017-0017

Aziz, A. J., Anwar, S., & Setiawan, A. B. (2023). Analisis Determinan Corporate Governance Dan Csr Terhadap Financial Distress: Studi Empiris. Jurnal Akunida, 9(1), 1-15.

Ben-Amar, W., & André, P. (2006). Separation of ownership from control and acquiring firm performance: The case of family ownership in Canada. Journal of Business Finance and Accounting, 33(3–4), 517–543. https://doi.org/10.1111/j.1468-5957.2006.00613.x

Cyril, E. J., & Singla, H. K. (2021). The mediating effect of productivity on profitability in Indian construction firms. Journal of Advances in Management Research, 18(1), 152–169. https://doi.org/10.1108/JAMR-05-2020-0092

Daryaei, A. A., & Fattahi, Y. (2020). The asymmetric impact of institutional ownership on firm performance: panel smooth transition regression model. Corporate Governance (Bingley), 20(7), 1191–1203. https://doi.org/10.1108/CG-06-2020-0254

Din, S. U., Arshad Khan, M., Khan, M. J., & Khan, M. Y. (2022). Ownership structure and corporate financial performance in an emerging market: a dynamic panel data analysis. International Journal of Emerging Markets, 17(8), 1973–1997. https://doi.org/10.1108/IJOEM-03-2019-0220

Fithria, A., Sholihin, M., Arief, U., & Anindita, A. (2021). Management ownership and the performance of Islamic microfinance institutions: a panel data analysis of Indonesian Islamic rural banks. International Journal of Islamic and Middle Eastern Finance and Management, 14(5), 950–966. https://doi.org/10.1108/IMEFM-05-2020-0257

Hashmi, M. A., & Iqbal, M. S. (2022). Impact of working capital management on firm profitability and liquidity: the moderating role of family ownership. Accounting Research Journal, 35(5), 676–697. https://doi.org/10.1108/ARJ-07-2021-0212

Jelinek, K., & Stuerke, P. S. (2009). The nonlinear relation between agency costs and managerial equity ownership: Evidence of decreasing benefits of increasing ownership. International Journal of Managerial Finance, 5(2), 156–178. https://doi.org/10.1108/17439130910947886

Kusuma, I. C., Lasmana, A., Afif, M. N., Hambani, S., & Faniska, N. S. (2021). Pengaruh Partisipasi Anggaran, Evaluasi Anggaran Dan Kejelasan Sasaran Anggaran Terhadap Kinerja Manajerial Dengan Komitmen Organisasi Sebagai Variabel Moderating. JURNAL AKUNIDA, 7(2), 217-230.

Lappalainen, J., & Niskanen, M. (2012). Financial performance of SMEs: Impact of ownership structure and board composition. Management Research Review, 35(11), 1088–1108. https://doi.org/10.1108/01409171211276954

Menicucci, E. (2018). The influence of firm characteristics on profitability: Evidence from Italian hospitality industry. International Journal of Contemporary Hospitality Management, 30(8), 2845–2868. https://doi.org/10.1108/IJCHM-04-2017-0219

Samo, A. H., & Murad, H. (2019). Impact of liquidity and financial leverage on firm’s profitability – an empirical analysis of the textile industry of Pakistan. Research Journal of Textile and Apparel, 23(4), 291–305. https://doi.org/10.1108/RJTA-09-2018-0055

Saputra, D. A., & Setiawan, D. (2023). Profitability and Firm Value: The Role of Industry Competition, Market Value of Equity, and Debt Levels. In W. A. Barnett & B. S. Sergi (Eds.), Macroeconomic Risk and Growth in the Southeast Asian Countries: Insight from Indonesia (Vol. 33A, pp. 127–139). Emerald Publishing Limited. https://doi.org/10.1108/S1571-03862023000033A009

Setiawan, A. B., Anwar, S., & Sriwahyuni, I. (2021). Pengaruh return on investment (ROI), earning per share (EPS) dan dividen per share (DPs) terhadap harga saham. Jurnal Akunida, 7(1), 60-71.

Sheikh, N. A., Wang, Z., & Khan, S. (2013). The impact of internal attributes of corporate governance on firm performance: Evidence from pakistan. International Journal of Commerce and Management, 23(1), 38–55. https://doi.org/10.1108/10569211311301420

Sirmon, D. G., & Hitt, M. A. (2003). Managing Resources: Linking Unique Resources, Management, and Wealth Creation in Family Firms. Entrepreneurship Theory and Practice, 27(4), 339–358. https://doi.org/10.1111/1540-8520.t01-1-00013

Weqar, F., Khan, A. M., & Haque, S. M. I. (2020). Exploring the effect of intellectual capital on financial performance: a study of Indian banks. Measuring Business Excellence, 24(4), 511–529. https://doi.org/10.1108/MBE-12-2019-0118