Juanda Juanda
Syiah Kuala University, Banda Aceh

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

Ownership concentration and firm performance in Indonesia Juanda Juanda
Proceedings of AICS - Social Sciences Vol 7 (2017): 7th AIC in conjuction ICMR 2017 Universitas Syiah Kuala October 2017
Publisher : Proceedings of AICS - Social Sciences

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (291.941 KB)

Abstract

The purpose of this paper is to investigate the influence of ownership concentration on the financial performance of firms listed on the Indonesian Stock Exchange from 2008 to 2012. The methodology used is multiple linear regression. The financial performance is measured with return on assets (ROA). The research shows that ownership concentration significantly and positively influences firm performance. This implies that the control of large shareholders is effective in enhancing firm performance of listed firms in Indonesia. This paper is particularly important to the policymakers of firms in Indonesia and other developing economies since it provides a comprehensive insight into the ownership concentration – firm performance relationship and therefore it helps them to formulate the best policies.