Lubis, TonaAurora (2010) Pengaruh Struktur Kepemilikan terhadap Kinerja Finansial dan Operasional, Keunggulan Daya Saing Berkelanjutan Berdasarkan Reputasi Ukuran Akuntansi dan Kinerja Pasar (Studi Pada BUMN Tbk). Doctor thesis, Universitas Brawijaya.
Abstract
Penelitian ini merupakan studi yang menganalisis dan menjelaskan pengaruh struktur kepemilikan terhadap kinerja finansial dan operasional, terhadap keunggulan daya saing berkelanjutan berdasarkan reputasi ukuran akuntansi, serta terhadap kinerja pasar secara komprehensif pada BUMN Tbk di Indonesia. Sampel penelitian ini menggunakan metode purposive sampling tipe judgement sampling . Kriteria pemilihan sampel terdiri dari BUMN Tbk sektor industri perbankan tidak diteliti, BUMN Tbk yang memiliki kepemilikan saham negara masih diatas 51%, BUMN Tbk yang melakukan Initial Public Offering (IPO) sebelum 2007. Sampel penelitian ini adalah 9 BUMN Tbk. Analisis data dilakukan dengan menggunakan analisis statistik deskriptif dan analisis statistik inferensial. Analisis statistik deskriptif berupa statistik rata-rata, sedangkan analisis statistik inferensial menggunakan analisis kausalitas Structural Equation Modeling (SEM) berbasis component atau variance yang terkenal dengan Partial Least Square (PLS). Penelitian ini menggunakan software SmartPLS versi 1.10. Hasil penelitian menunjukkan bahwa: (1) meningkatnya kepemilikan publik dalam struktur kepemilikan dapat meningkatkan kinerja finansial dan operasional; (2) meningkatnya kepemilikan publik dalam struktur kepemilikan dapat meningkatkan keunggulan daya saing berkelanjutan berdasarkan reputasi ukuran akuntansi; (3) meningkatnya kepemilikan publik dalam struktur kepemilikan tidak dapat meningkatkan kinerja pasar; (4) meningkatnya kinerja finansial dan operasional dapat meningkatkan kinerja pasar; (5) meningkatnya kinerja finansial dan operasional dapat meningkatkan keunggulan daya saing berkelanjutan berdasarkan reputasi ukuran akuntansi; (6) meningkatnya keunggulan daya saing berkelanjutan berdasarkan reputasi ukuran akuntansi tidak dapat meningkatkan kinerja pasar.
English Abstract
This research analyzes and explains comprehensively the effects of ownership structure on financial and operational performance, on sustainable competitive advantage based on accountancy measurement reputation, and on market performance in Indonesia`s privatized SOEs ( BUMN Tbk ). The samples of this study were selected using the purposive sampling method with the type judgment sampling. The criteria for sample selection were: privatized SOEs which are non-backing sector, privatized SOEs having state owned stock/share more than 51%, and privatized SOEs doing Initial Public Offering (IPO) before 2007. The samples of this research were 9 privatized SOEs. The data analysis was conducted using descriptive statistical analysis and inferential statistic analysis. Descriptive statistical analysis employed average statistics, while inferential statistical analysis used Structural Equation Modeling (SEM) causality based on components or variance. SEM causality analysis, known as Partial Least Square (PLS), is performed using SmartPLS version 1.10 software. The research result shows that: (1) the increase of public ownership in ownership structure can improve financial and operational performance; (2) the increase of public ownership in ownership structure can improve sustainable competitive advantage based on accountancy measurement reputation; (3) the increase of public ownership in ownership structure is unable to improve market performance; (4) the improvement in financial and operational performance can improve market performance; (5) the improvement in financial and operational performance can sustainable competitive advantage based on accountancy measurement reputation; and (6) the improvement of sustainable competitive advantage based on accountancy measurement reputation is unable to improve market performance.
| Item Type: | Thesis (Doctor) |
|---|---|
| Identification Number: | DES/658.114/LUB/p/061100219 |
| Subjects: | 600 Technology (Applied sciences) > 658 General management > 658.1 Organization and financial management |
| Divisions: | S2/S3 > Doktor Kimia, Fakultas MIPA |
| Depositing User: | Endro Setyobudi |
| Date Deposited: | 28 Jul 2011 13:58 |
| Last Modified: | 28 Jul 2011 13:58 |
| URI: | http://repository.ub.ac.id/id/eprint/161130 |
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