Jurnal Studi Manajemen Organisasi
Vol 16, No 1 (2019)

THE INFLUENCE OF POLITICAL CONNECTION, OWNERSHIP STRUCTURE AND CASH HOLDINGS ON CORPORATE PERFORMANCE IN NONFINANCIAL COMPANIES LISTED ON THE INDONESIAN STOCK EXCHANGE

Prastiono Prastiono (Universitas Diponegoro)
Sinta Arimamukti (Unknown)



Article Info

Publish Date
15 Jun 2019

Abstract

As there inconsistencies from previous research about political conection toward corporate performance, wether improve nor decrease. Furthermore ownership structure and cash holding do not always give positive impact on corporate performance.This research aims to analyze the influence of  political connection, ownership structure, and cash holdings on corporate performance in nonfinancial companies listed on the Indonesian Stock Exchange.The population of this research are nonfinancial companies listed on the Indonesian Stock Exchange period 2013-2016. The data sorted using purpose sampling method. The analytical tool used is panel data regression.The result of this research shows that political connection, institutional ownership, and cash holdings have significant positive effect on corporate performance. On the other hand foreign ownership have significant negative effect on corporate performance.

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Journal Info

Abbrev

smo

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Studi Manajemen Organisasi merupakan peer-reviewed academic journal yang terbit mulai 2007 yang di publikasikan Departemen Manajemen Fakultas Ekonomika dan Bisnis Universitas Diponegoro. Jurnal Studi Manajemen Organisasi menerbitkan artikel konseptual dan empiris di bidang manajemen. JSMO ...