Pengaruh intitutional ownerhip terhadap firm performance di Bursa Efek Indonesia
P Penelitian ini bertujuan menguji pengaruh dari institutional ownership, domestic institutional ownership dan foreign institutional ownership terhadap kinerja perusahaan di Bursa Efek Indonesia pada tahun 2012 - 2016. Selain itu penelitian ini menggunakan variable kontrol yaitu leverage, firm size, firm growth, liquidity, investment firm risk dan firm age. Penelitian ini menggunakan metode purposive sampling. Sampel dalam penelitian ini sebanyak 69 perusahaan manufaktur. Dari hasil pengolahan data menggunakan regresi berganda ditemukan bahwa institutional ownership berpengaruh negatif terhadap kinerja perusahaan, domestic institutional ownership tidak berpengaruh terhadap kinerja perusahaan dan foreign institutional ownership berpengaruh negatif terhadap kinerja perusahaan. Leverage, firm size, firm growth, liquidity, investment, firm age tidak berpengaruh terhadap kinerja perusahaan. Sedangkan firm risk berpengaruh positif terhadap kinerja perusahaan. Hasil penelitian ini diharapkan perusahaan dapat membatasi kepemilikan saham institusional terutama kepemilikan saham institusional asing dikarenakan terlalu banyak para investor yang ikut campur dengan hasil keputusan perusahaan maka akan berpengaruh terhadap kinerja perusahaan.
T This research aims to influence the effect of institutional ownership, domestic institutional ownership and foreign institutional ownership on firm performance in Indonesia Stock Exchange in 2012-2016. This study uses independent variables are institutional ownership, domestic institutional ownership and foreign institutional ownership. Besides this research also uses control variables, leverage, firm size, firm growth, liquidity, investment, firm risk and firm age. And the dependent variable is are firm performance. This study using purposive sampling method. The sample in this study is 69 companies manufactur. From the results of data processing using multiple regression found that the institutional ownership and foreign institutional ownership negative significant impact on firm performance and domestic institutional ownership no influence to the firm performance. Leverage, firm size, firm growth, liquidity, investment and firm age no influence to the firm performance. Firm risk has positive influence on firm performance. The results of this study is expected the company can limit the institutional too many investors who intervene with the results of the company’s decisions it will affect the company’s.