Proceedings of the International Conference on Business, Accounting, Banking, and Economics (ICBABE 2022)

Moderating Effects of Institutional Ownership on the Relation Between Capital Structure and Firm Performance

Authors
Azzahra Mufida Rahma1, Nurcahyono Nurcahyono1, *, Andwiani Sinarasri1, Luluk Muhimatul Ifada2
1Department of Accounting, Universitas Muhammadiyah Semarang, Semarang, Indonesia
2Department of Accounting, Universitas Islam Sultan Agung, Semarang, Indonesia
*Corresponding author.
Corresponding Author
Nurcahyono Nurcahyono
Available Online 22 May 2023.
DOI
10.2991/978-94-6463-154-8_26How to use a DOI?
Keywords
asset structure; capital structure; ownership structure; company size; company performance; institutional ownership
Abstract

The development of a brisk and competitive business based in the era of globalization on the establishment of companies that want to go public, resulting in companies competing to improve the quality of their companies. With good company operations, the asset structure, capital structure, ownership structure and company size are good, so a company’s performance will increase. Management must manage finances well to achieve company goals. Quantitative methods with secondary data are used in this study where the population used is financial sector companies, and a sample that meets the criteria is 57 companies. The annual report for 2017–2021 registered at IDX is a reference for this research in the data collection process. After testing descriptive statistical analysis data and multiple linear regression analysis, it has been obtained that capital structure affects company performance, capital structure affects company performance, ownership structure has no effect on shares, and company size negatively affects stock prices. These results indicate that the four variables simultaneously affect the performance of the company, so the asset structure, capital structure, ownership structure, and firm size strengthen the influence of institutional ownership as a moderating variable.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Business, Accounting, Banking, and Economics (ICBABE 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
22 May 2023
ISBN
10.2991/978-94-6463-154-8_26
ISSN
2352-5428
DOI
10.2991/978-94-6463-154-8_26How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Azzahra Mufida Rahma
AU  - Nurcahyono Nurcahyono
AU  - Andwiani Sinarasri
AU  - Luluk Muhimatul Ifada
PY  - 2023
DA  - 2023/05/22
TI  - Moderating Effects of Institutional Ownership on the Relation Between Capital Structure and Firm Performance
BT  - Proceedings of the International Conference on Business, Accounting, Banking, and Economics (ICBABE 2022)
PB  - Atlantis Press
SP  - 293
EP  - 306
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-154-8_26
DO  - 10.2991/978-94-6463-154-8_26
ID  - Rahma2023
ER  -