PENGARUH STRUKTUR KEPEMILIKAN SEBAGAI MEKANISME CORPORATE GOVERNANCE TERHADAP KINERJA PERBANKAN
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Abstract
The financial crisis has raised questions about the finance institution’s Corporate Governance. This
study analysed about the mechanism of corporate governance from the ownership structures
dimension and not from the managerial / control structures. This study was aimed at analyzing the
effect of ownership structure as the corporate governance’s mechanism on banking performance. The
variables of ownership structure consisted of institutional ownership, managerial ownership, foreign
ownership, and public (society) ownership with Return On Asset (ROA) as the proxy of performance
measurement. This study used sample which consisted of 19 banking companies that listed in
Indonesian Stock Exchange in the period of 2011-2016. The analytical technique used to examine the
hypotheses was multiple linear regression method. The results showed that institutional ownership and
managerial ownership had an effect on banking performance, while foreign and public ownership had
no effect on banking performance.
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