Ekonis : Jurnal Ekonomi dan Bisnis
Vol 24, No 2 (2022): JURNAL EKONOMI DAN BISNIS (EKONIS)

KEPEMILIKAN INSTITUSIONAL, ASSET GROWTH DAN EFISIENSI MANAGERIAL

Agus Muslim (Unknown)
Fitri Ismiyanti (Unknown)



Article Info

Publish Date
18 Jan 2023

Abstract

Abstract: The research objective is to examine the effect of institutional ownership, asset growth, market-to-book ratio, free cash flow on managerial efficiency. The approach used in this study is a confirmatory quantitative approach. The dependent variable is managerial efficiency. The independent variables are institutional ownership and asset growth. Market-to-book ratio control variable, free cash flow. Data obtained from the financial reports and annual reports of Construction and Property Companies listed on the Indonesia Stock Exchange (IDX) for the 2014-2018 period through the website www.idx.co.id. The analysis technique used to test the effect in this study is Multiple Linear Regression Analysis. As for testing managerial efficiency using the DEA test. The results showed that institutional ownership, asset growth, free cash flow had a significant positive effect on managerial efficiency. Meanwhile, the market-to-book ratio has no significant negative effect on managerial efficiency.Keywords: Institutional ownership, asset growth, market-to-book ratio, free cash flow, efficiency      managerial, Construction and Property

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Journal Info

Abbrev

ekonis

Publisher

Subject

Economics, Econometrics & Finance

Description

Tujuan penerbitannya adalah untuk memfasilitasi para peneliti, praktisi dan akademisi dalam menyebarluaskan hasil riset, gagasan dan pandangan mereka tentang ekonomi dan ...