Jurnal Ekonomi Trisakti
Vol. 3 No. 2 (2023): Oktober

PENGARUH KEPEMILIKAN INSTITUSIONAL DAN KEBIJAKAN DIVIDEN TERHADAP KINERJA PERUSAHAAN DENGAN UMUR PERUSAHAAN SEBAGAI VARIABEL KONTROL PADA PERUSAHAAN SEKTOR MANUFAKTUR YANG TERDAFTAR DI BEI 2019-2021

Arnitia Rahmatika (Unknown)
Idrianita Anis (Unknown)



Article Info

Publish Date
03 Oct 2023

Abstract

This study examines the impact of institutional ownership and dividend policy on the financial outcomes of manufacturing businesses trading on the Indonesia Stock Exchange (BEI) from 2019 to 2021, with the impact of company age serving as a control variable. To determine an organization's Return On Assets (ROA), net income is divided by its total assets. The age of a company is calculated by subtracting the current year from the year it was founded; the Institutional Ownership Ratio compares the percentage of shares owned by institutions to the total number of shares outstanding; and the Dividend Payout Ratio (DPR) evaluates dividends paid to shareholders in relation to earnings per share. The 183 companies included in this study were chosen using a stratified random selection technique. This study's results suggest that (1) institutional ownership significantly affects firm performance in a positive way. (2) A dividend plan is excellent for a company's bottom line.

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Journal Info

Abbrev

jet

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi Trisakti (JET) has been published by Lembaga Penerbit Fakultas EKonomi dan Bisnis (LPFEB). JET is a journal for publication of undergraduate (S1) and Applied (D4) students, students of the Faculty of Economics and Business (FEB) as well as students outside of FEB and General Affairs. ...