Perbedaan antara perusahaan keluarga dan bukan keluarga dalam mempengaruhi corporate liquidity dan stock liquidity
P Penelitian ini bertujuan untuk menganalisa perbedaan antara family firm dan non-family firm dalam mempengaruhi corporate liquidity dan stock liquidity perusahaan publik yang terdaftar di Bursa Efek Indonesia (BEI). Teknik pengambilan sampel yang digunakan adalah purposive sampling.Sampel yang digunakan sebanyak 27 perusahaan yang bergerak di industri barang konsumsi yang tercatat di BEI. Variabel dependen di dalam penelitian ini adalah corporate liquidity dan stock liquidity. Variabel independen adalah family firm sedangkan variabel kontrol adalah size, market-to-book ratio, leverage, return on asset dan tangibility. Metode analisis yang digunakan adalah regresi berganda.Hasil penelitian ini menunjukkan bahwa, 1) Tidak ada perbedaan antara family firm dan non-family firm dalam mempengaruhi corporate liquidity.2) Family firm mempengaruhi stock liquidity lebih tinggi daripada non-family firm. Implikasi bagi perusahaan adalah perusahaan diharapkan mampu mengurangi asimetri informasi yang terdapat di perusahaan sehinga meningkatkan stock liquidity.
T The purpose of this research was to analyzed the difference between family and non-family firms in influencing corporate liquidity and stock liquidity of the public companies listed on Indonesia Stock Exchange (IDX). The technique was used to take the sample is purposive sampling. The samples used are 27 companies which engaged in consumer goods industry listed in IDX. Dependen variable in this research are corporate liquidity and stock liquidity. Independen variable is family firm while control variable are size, market-to-book ratio, leverage, return on asset and tangibility. Analysis method in this research is multiple regression. The result of this research shows that 1) There’s no difference between family and non-family firms in influencing corporate liquidity. 2) Family firms has higher stock liquidity more than non-family firm. Implication for company is company expected to be able to reduce information asymmetry in company therefore it can increase stock liquidity.