PENGARUH STRUKTUR MODAL, KARAKTERISTIK PERUSAHAAN, DAN STRUKTUR KEPEMILIKAN TERHADAP KINERJA PERUSAHAAN

Abstract

This research is aimed to examine the influence of capital structure, firm characteristics, and ownership structure to the company performance. The population is property, real estate, and building construction companies which are listed in Indonesia Stock Exchange. The sample has been carried out by using purposive sampling method. Based on the sample collection criteria, 17 property, real estate, and building construction companies which are listed in Indonesia Stock Exchange in 2012-2016 periods have been selected as samples, so the numbers of samples are 85 observations. This research applies multiple linear regressions analysis technique and the SPSS (Statistical Product and Service Solutions) tool. The results show that (1) the capital structure give negative influence to the company performance and does not show a unidirectional correlation. (2) The total asset turnover give positive influence to the company performance and it shows a unidirectional correlation. (3) Firm size gives positive influence to the company performance and it shows a unidirectional correlation. (4) Asset structure gives positive influence to the company performance and it shows a unidirectional relationship. (5) Sales growth gives positive influence to the company performance and it shows a unidirectional relationship. (6) Institutional ownership gives positive influence to the company performance and it shows a unidirectional relationship. (7) Managerial ownership gives negative influence to the company performance and it does not show unidirectional relationship.
Keywords: capital structure, firm characteristics, ownership structure, company performance