Abstract
This research aims to prove the influence of Institutional Ownership, Company Size and Leverage on the Financial Performance of Food and Beverage Companies listed on the Indonesia Stock Exchange. The sample in this study amounted to 7 food and beverage companies listed on the Indonesia Stock Exchange for the period 2016 to 2020. The sample determination in this study was conducted using purposive sampling, which is a sampling technique using certain criteria, which obtained a sample of 7 food and beverage companies for 5 years to obtain 35 observations. The data analysis technique used multiple linear regression analysis. Based on the results of the study, it shows that institutional ownership variable has a significant negative effect on the company's financial performance (ROA), the company size variable has an insignificant negative effect on the company's financial performance (ROA), the leverage variable has a significant negative effect on the company's financial performance (ROA). The results of the determination test show that the variables of institutional ownership, firm size and leverage are able to explain the variable of the company's financial performance by 46.4% while 53.6% is explained by other factors that are not included in the research model carried out.Keywords: Company Size; Institutional Ownership; Leverage
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Jurnal Ilmiah Fokus Ekonomi, Manajemen, Bisnis & Akuntansi (EMBA)
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.