Pengaruh institusional ownership terhadap kinerja perusahaan pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia
P Penelitian ini bertujuan untuk meneliti bagaimana pengaruh institutional ownership,leverage, firm size, likuiditas, growth opportunity terhadap kinerja perusahaan padaperusahaan manufaktur dari sub-sektor industri barang konsumsi, sektor industridasar dan kimia serta sektor aneka industrian yang terdaftar di Bursa Efek Indonesiaperiode 2017-2021 sebanyak 90 perusahaan. Hasil penelitian menunjukkan variabelinstitutional ownership dan leverage memiliki pengaruh negatif secara signifikanterhadap kinerja perusahaan. Variabel firm size dan likuiditas memiliki pengaruhpositif secara signifikan terhadap kinerja perusahaan. Sedangkan variabel growthopportunity tidak memiliki pengaruh terhadap kinerja perusahaan. ImplikasiPerusahaan diharapkan meminimalkan institutional ownership, meminimalkanpenggunaan hutang, meningkatkan investasi dalam asetnya, meminimalkanpenggunaan hutang jangka pendek.
T This study aims to examine how institutional ownership, leverage, firm size,liquidity, growth opportunities influence company performance in manufacturingcompanies from the consumer goods industry sub-sector, the basic industry andchemical sectors and the various industrial sectors listed on the Indonesia StockExchange for the 2017 period -2021 as many as 90 companies. The results show thatthe institutional ownership and leverage variables have a significant negative effecton firm performance. Firm size and liquidity variables have a significant positiveeffect on company performance. While the growth opportunity variable has noinfluence on company performance. The company's implications are expected tominimize institutional ownership, minimize the use of debt, increase investment inassets, minimize the use of short-term debt.