English to Indonesian: ANALYSIS OF CORPORATE GOVERNANCE AND OWNERSHIP STRUCTURE INFLUENCE ON COMPANY VALUE
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Source text - English
ANALISIS PENGARUH CORPORATE GOVERNANCE DAN STRUKTUR KEPEMILIKAN TERHADAP NILAI PERUSAHAAN
Studi pada Perusahaan Real Estate dan Property di Bursa Efek Indonesia Periode Tahun 2011-2015
ELISA SETYOWATI
NIM : 12010114410115
Penelitian ini dilakukan untuk menguji pengaruh variabel institutional ownership, insider ownership, komisaris independen, komite audit, dan board size terhadap nilai perusahaanpada perusahaan real estate dan property yang terdaftar di Bursa Efek Indonesia periode Tahun 2011-2015. Populasi dalam penelitian ini adalah seluruh perusahaan real estate dan property yang terdaftar di Bursa Efek Indonesia periode Tahun 2011-2015. Teknik pengambilan sampel penelitian ini menggunakan purposive sampling. Data penelitian diambil dari Indonesian Capital Market Directory (ICMD). Uji kelayakan model dilakukan dengan uji multikolonieritas, uji koefisien determinasi dan uji signifikansi menggunakan uji t statistik. Penelitian ini menggunakan metode pooling dan teknik analisa yang digunakan adalah analisis regresi berganda dengan persamaan kuadrat terkecil (ordinary least square – OLS).
Hasil penelitian ini menunjukkan bahwa institutional ownership dan komite audit berpengaruh negatif signifikan terhadap nilai perusahaan, insider ownership dan komisaris independen tidak berpengaruh terhadap nilai perusahaan. Sedangkan board size berpengaruh positif signifikan terhadap nilai perusahaan sesuai dengan hipotesa yang diajukan.
Kata kunci : institutional ownership, insider ownership, komisaris independen, komite audit, board size,nilai perusahaan
| Translation - Indonesian
ANALYSIS OF CORPORATE GOVERNANCE
AND OWNERSHIP STRUCTURE INFLUENCE ON COMPANY VALUE
Study on Real Estate and Property Companies in Indonesia Stock Exchange
in period 2011 to 2015
ELISA SETYOWATI
NIM : 12010114410115
This research is conducted to examine the influence variables of institutional ownership, insider ownership, independent commissioner, audit committee, and board size on company value in real estate and property companies listed in Indonesia Stock Exchange in period 2011 to 2015. The population in this study is all real estate and property companies listed in Indonesia Stock Exchange in period 2011 to 2015. Sampling technique used in this research is purposive sampling. The research data is taken from Indonesian Capital Market Directory (ICMD). Model feasibility test is done by multicollinearity test, determination coefficient test and significance test using t statistic test. This research uses pooling method and analysis technique used is multiple regression one with the least squares equation (ordinary least square- OLS).
The results of this study indicate that institutional ownership and audit committee have a significantly negative influence on company value, insider ownership and independent commissioner have no influence on company value, while board size has a significantly positive influence on company value in accordance with the proposed hypothesis.
Keywords: institutional ownership, insider ownership, independent commissioner, audit committee, board size, company value
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