Pengaruh Ownership Structure, Corporate Governance Dan Trade War Terhadap Investment Efficiency

Zulkarnain, Muhammad Dandi Nuriqbal (2021) Pengaruh Ownership Structure, Corporate Governance Dan Trade War Terhadap Investment Efficiency. Sarjana thesis, Universitas Brawijaya.

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh ownership structure, corporate governance dan hubungan interaksi antara peristiwa “Trade war” dengan investment efficiency perusahaan manufakutur yang terdaftar di Bursa Efek Indonesia (BEI) periode 2015-2019. Penelitian ini menggunakan investment efficiency sebagai variabel dependen, kepemilikan manajerial, kepemilikan institutional, board size, board independence sebagai variabel indepeden, debt to equity ratio dan ukuran perusahaan sebagai variabel kontrol dan “Trade war” sebagai variabel dummy. Populasi penelitian ini adalah perusahaan manufaktur bidang barang konsumsi yang terdaftar di Bursa Efek Indonesia (BEI), dengan sampel sebanyak 15 perusahaan menggunakan teknik purposive sampling. Penelitian ini menggunakan analisis data panel dan fixed effect sebagai model yang terpilih. Hasil penelitian ini menunjukkan bahwa kepemilikan manajerial, board size, debt to equity ratio, hubungan interaksi antara variabel “Trade war” kepemilikan manajerial dan board size berpengaruh signifikan secara parsial terhadap investment efficiency. Sedangkan, kepemilikan institutional, board independence, “Trade war”, logarithm natural ukuran perusahaan, hubungan interaksi antara variabel “Trade war” dengan kepemilikan institutional dan board size tidak berpengaruh signifikan secara parsial terhadap investment efficiency. Nilai Adjusted R-Squared pada hasil analisis regresi penelitian ini sebesar 0,939877 maka dapat disimpulkan, kemampuan variabel independen dalam menjelaskan variabel dependen sebesar 93,9%, sisanya 16,1% dijelaskan oleh variabel yang tidak masuk dalam penelitian ini.

English Abstract

This study aims to determine the effect of ownership structure, corporate governance and interaction between “Trade war” event and investment efficiency in manufacture companies listed on Indonesia Stock Exchange (IDX) in 2015-2019 period. This study uses investment efficiency as dependent variable, managerial ownership, institutional ownership, board size, board independence as independent variable, debt to equity ratio and company size as control variable and “Trade war” event as dummy variable. This study’s population is manufacture company specifically consumption goods listed in Indonesia stock Exchange, with 15 companies obtained by purposive sampling technique as the sample. This study also using panel data analysis technique with fixed effect model as selected result. This study results that managerial ownership, board size, debt to equity ratio, interaction variable between “Trade war” event and managerial ownership and board size partially significant on investment efficiency. Meanwhile, institutional ownership, board independence, “Trade war” event, logarithm natural of company size, interaction variable between “Trade war” event and kepemilikan institutional and board size partially not significant on investment efficiency. Value of R-squared shows 0,939877. Which it can be concluded that ability of independent variable in explaining the dependent variable is 93,9%, the remaining is 16,1% explained by other variable which it wasn’t included in this study.

Other obstract

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Item Type:	Thesis (Sarjana)
Identification Number:	052103
Uncontrolled Keywords:	Ownership Structure, Corporate Governance, Trade War, Investment Efficiency, Manufaktur, Bei, Ownership Structure, Corporate Governance, Trade War, Investment Efficiency, Manufacture, Bei
Subjects:	600 Technology (Applied sciences) > 658 General management
Divisions:	Fakultas Ilmu Administrasi > Ilmu Administrasi Bisnis / Niaga
Depositing User:	Unnamed user with username dedyiskandar
Date Deposited:	23 Oct 2021 03:55
Last Modified:	26 Sep 2024 02:56
URI:	http://repository.ub.ac.id/id/eprint/185300

Text Muhammad Dandi Nuriqbal Zulkarnain.pdf Download (3MB)

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