PENGARUH STRUKTUR KEPEMILIKAN SAHAM TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aims to empirically examine the effect of stock ownership structure on financial performance in manufacturing companies listed on the Indonesia Stock Exchange from 2020 to 2022. This study is quantitative in nature. The data used in this research consists of annual financial reports of manufacturing companies listed on the Indonesia Stock Exchange from 2020 to 2022. The population in this study consists of 171 companies. The sample that meets the criteria is 31 companies. The total sample observation is 93 data obtained using purposive sampling technique. The analysis technique used is multiple linear regression analysis using SPSS version 25.The research results show that the variables of managerial ownership and institutional ownership partially have a significant effect on financial performance. The results indicate that the variable of public ownership does not have a significant effect on financial performance. The research results show that the variables of managerial ownership, institutional ownership, and public ownership simultaneously have a significant effect on financial performance.