The Influence Of Ownership Structure On Corporate Performance: Case Study Of Banking Industry In Indonesia Period 2008-2010

Abstract

Mahmudah, Muftia Nur (2012). The Influence of Ownership Structure on Corporate Performance: Case Study of Banking Industry in Indonesia Period 2008-2010. Yogyakarta: Department of Management, International Program, Faculty of Economics, Universitas Islam Indonesia. This research is aimed to investigate the influence of ownership structure on corporate performance in banking industry in Indonesia. The variety of ownership structure which has been studied in this research consists of five types. These are foreign ownership, domestic ownership, managerial ownership, government ownership and public ownership. The samples employed in this research are 19 banks for the year 2008, 19 banks for the year 2009, and 19 banks for the year 2010. These banks listed in Indonesia Stock Exchange (IDX). Some of data which have gotten from those banks are insufficient and incomplete. Final research object data is 57 data. The hypotheses are tested using five models to support the banking performance which represented by ROA (Return on Asset). The result of this research shows that from five kinds of regression, only managerial ownership that has the positive significant influence toward ROA. The rest of four ownership variables have negative influence and no significant correlation toward ROA. This result comes from t-test statistic. For the result on F-test shows that simultaneously foreign ownership, domestic ownership, managerial ownership, government ownership and public ownership have a significant influence in ROA. Keyword: ownership structure, corporate performance, banking industry, and ROA.