PENGARUH KEPEMILIKAN SAHAM INSTITUSIONAL DAN KEBIJAKAN HUTANG TERHADAP KEPEMILIKAN MANAJERIAL
ABSTRACT: This study
aims to determine
the effect of
institutional ownership and
debt policy to
managerial ownership in companies
listed in Indonesia
Stock Exchange from
2003 to 2006
period. The population in this
study is that there is a manufacturing company in Indonesia Stock Exchange in 2003-2006.Jenis
data used are secondary data is data obtained indirectly through the Indonesian
Capital Market Directory. Sampling technique using purposive sampling that
samples with the use of certain of
these criteria. Of
these criteria, then
the sample was
obtained as many
as 37 companies. Data
analysis technique used
is multiple regression
analysis testing. The results
showed that there
was no influence
between debt policy
(DR) with managerial ownership (MOWN) can be explained that the variable DR is a policy variable that is owned by the company's debt to finance their
operations. In this research does not affect the debt policy and managerial ownership because the
existing managerial ownership in
this study has a very small percentage so that a manager is
limited to perform the duties of corporate management.
Keywords: institutional
ownership, debt policy, managerial ownership
Penulis: Novita Anggarini, Ceacilia
Srimindarti
Kode Jurnal: jpakuntansidd090043