PENGARUH KEPEMILIKAN INSTITUSIONAL, KEPEMILIKAN PUBLIK, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN

Dade Nurdiniah, Murwani Wulansari

Abstract


Firm value is an important factor for investors. Investors will be interested in owning shares in a company if the company is considered having good performance. However, the phenomenon of falling stock prices in several companies in the property, real estate, and building construction sectors on the stock exchange during certain observation periods needs special attention. Companies are required to always improve and maintain the value of the company in a best performance. Thus, this study aims to examine and analyze the effect of institutional ownership, public ownership, and profitability on firm value. This research uses quantitative methods. The population in this study are property, real estate and building construction companies listed on the Indonesia Stock Exchange (IDX) 2016-2018. Determination of the sample is done by purposive sampling technique and obtained a sample of 46 companies or 138 research data based on certain criteria. Data analysis method used in this study is multiple linear regression. The results of this study indicate that institutional ownership and public ownership do not affect the value of the company. while profitability has a positive and significant effect on firm value.


Keywords


Firm Value, Institutional Ownership, Profitability, Public Ownership

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References


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