Abstract
This study aims to determine the effect of managerial ownership, institutional ownership and firm size on financial performance with capital structure as a moderating variable in manufacturing companies listed on the Indonesia Stock Exchange in 2017 - 2021. The sample selection method used is purposive sampling. The total observations in this study were 115 samples consisting of 23 companies. The data analysis technique used in this study is Moderated Regression Analysis (Interaction Test) using the SPSS 26 analysis tool. The results of this study indicate that managerial ownership, institutional ownership, firm size and capital structure simultaneously affect on financial performance. Partially, institutional ownership has a positive influence on financial performance, while managerial ownership and firm size have no influence on financial performance. Capital structure is able to moderate and strengthen the relationship between firm size on financial performance, while capital structure is unable to moderate the effect of managerial ownership and institutional ownership on financial performance.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: 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.
