Kinerja Keuangan Bank Syariah sebagai Implikasi atas Konsentrasi Kepemilikan

Authors

  • Dian Nirmala Dewi Politeknik Negeri Lampung
  • Artie Arditha Rachman Politeknik Negeri Lampung
  • Endang Asliana Politeknik Negeri Lampung

DOI:

https://doi.org/10.25181/esai.v15i2.2404

Keywords:

financial performance, ownership concentration, ownership type

Abstract

This study aims to examine the effect of ownership concentration and type of share ownership on the financial performance of Islamic banks in Indonesia. The sample used is Islamic commercial banks recorded in Indonesian Islamic Banking Statistics, with a study period of five years, from 2014 to 2018. Regression testing involves financial performance (ROA, ROE, and NPL) as the dependent variable; ownership concentration (K) and ownership type (INST, GOV, FAM and FOR) as independent variables; and some control variables, such as CAR, size, leverage, and company age. Data collected shows that all of Islamic Banks in Indonesia have concentrated ownership, therefore that factor should be omitted from independent variables. Based on hypothesis testing, we find that financial performance of Islamic Banks in Indonesia are not influenced by it’s ownership type.

Downloads

Download data is not yet available.

Author Biographies

Dian Nirmala Dewi, Politeknik Negeri Lampung

Program Studi Akuntansi, Ekonomi dan Bisnis, Politeknik Negeri Lampung, Bandar Lampung

Artie Arditha Rachman, Politeknik Negeri Lampung

Program Studi Akuntansi, Ekonomi dan Bisnis, Politeknik Negeri Lampung, Bandar Lampung

Endang Asliana, Politeknik Negeri Lampung

Program Studi Akuntansi, Ekonomi dan Bisnis, Politeknik Negeri Lampung, Bandar Lampung

References

Abbas, S.Z., Rahman, R.A. And Mahenthiran, S. 2009. Ultimate Ownership Structure And Performance Of Islamic Institutions In Malaysia. FMA International First Asian Conference.

Budiarti, Ella Dan Chorry Sulistyowati. 2014. Struktur Kepemilikan Dan Struktur Dewan Perusahaan. Jurnal Manajemen Teori Dan Terapan Vol 7, No 3

Christianingsih, Stephani Novitasari Dan Agus Purwanto. 2014. Pengaruh Struktur Kepemilikan Dan Kebijakan Keuangan Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2010-2012). Journal Of Accounting Univ. Diponegoro Vol. 3 Nomor 2: 1090 – 1101

Claessens, S., Djankov, S., Fan, J.P.H. And Lang, L.H.P. (2002), “Disentangling The Incentive And Entrenchment Effects Of Large Shareholdings”, Journal Of Finance, Vol. 57 No. 6, Pp. 2741-2771.

Cronqvist, H. and Nelsson, M. 2003. Agency costs of controlling minority shareholders. Journal of Financial and Quantitative Analysis, Vol. 38 No. 4, pp. 695-719.

Cubbin, J. And Leech, D. 1983. The Effect Of Shareholding Dispersion On The Degree Of Control In British Companies: Theory And Measurement. The Economic Journal, Vol. 93 No. 370, Pp. 351-369.

Demsetz, H. 1983.The Structure Of Ownership And The Theory Of The Firm. Journal Of Law And Economic, Vo1. 26 No. 2, Pp. 357-390.

Demsetz, H. And Lehn, K. 1985. The Structure Of Corporate Ownership: Causes And Consequences. Journal Of Political Economy, Vol. 93 No. 6, Pp. 1155-1177.

Denis, K. And Mcconnell, J. 2003. International Corporate Governance. Journal Of Financial And Quantitative Analysis, Vol. 38, Pp. 1-36.

Holderness, C.G. And Sheehan, D.P. 1988. The Role Of Majority Shareholders In Publicly Held Corporations: An Exploratory Analysis. Journal Of Financial Economics, Vol. 20 Nos. 1/2, Pp. 317-346.

Jensen, M. And Meckling, W. 1976. Theory Of The Firm: Managerial Behavior, Agency Cost And Ownership Structure. Journal Of Financial Economics, Vol. 3 No. 4, Pp. 305-360.

La Porta, R., Lopez-De-Silanes, F. And Shleifer, A. 1999. Corporate Ownership Around The World . Journal Of Finance, Vol. 54 No. 2, Pp. 471-517.

Leech, D. And Leahy, J. 1991. Ownership Structure, Control Type Classifications And The Performance Of Large British Companies”, The Economic Journal, Vol. 101 No. 409,Pp. 1418-1437.

Lloyd, W.P., Hand, J.H. And Modani, N.K. (1987), “The Effect Of The Degree Of Ownership Control On Firm Diversification, Market Value, And Merger Activity”, Journal Of Business Research, Vol. 15 No. 4, Pp. 303-312.

M. Ikhsan, B. 2017. Mengapa Bank Muamalat Butuh Suntikan Dana Segar. Http://Www.Bareksa.Com/Id/Text/2017/10/20/Mengapa-Bank-Muamalat-Butuh-Suntikan-Dana-Segar/17057/Analysis. Diakses Pada 20 Februari 2018.

Sari, Fitriana Warap. 2015. Pengaruh Struktur Kepemilikan Terhadap Kinerja Perusahan Dengan Struktur Modal Sebagai Pemoderasi. Jurnal Ilmu Dan Riset Akuntansi Vol. 4 No.8

Shleifer, A. And Vishny, R. (1986), “Large Shareholders And Corporate Control”, Journal Of Political Economy, Vol. 94 No. 3, Pp. 461-488.

Slovin, M. And Sushka, M. (1993), “Ownership Concentration, Corporate Control Activity, And Firm Value: Evidence From The Death Of Inside Blockholders”, Journal Of Finance, Vol. 48 No. 4, Pp. 1293-1321.

Syafruddin, M. 2006. Pengaruh Struktur Kepemilikanperusahaan Pada Kinerja: Faktor Ketidakpastian Lingkungan Sebagai Pemoderasi, Journal Of Accounting And Economic. 10(1):85-99.

Thomsen, Pedersen T. 2000. Ownership Structure And Economic Performance In The Largest European Companies. Strategic Management Journal, Vol. 21, No. 6: 689-705.

Wahyudi, U. dan Prawesti, H. P. (Agustus 2006). Implikasi Kepemilikan Terhadap Nilai Per-Usahaan Dengan Keputusan Keuangan Sebagai Variabel Intervening. Sna Padang. 23-26. Universitas Widyagama. Malang.

Yasser, Qaiser Rafique Dan Abdullah Al Mamun, (2015) "Effects Of Ownership Concentration On Firm Performance: Pakistani Evidence", Journal Of Asia Business Studies, Vol. 9 Issue: 2, Pp.162-176,

Zeitun, R. And Tian, G.G. (2007), “Does Ownership Affect A Firm’s Performance And Default Risk In Jordan?”, Corporate Governance, Vol. 7 No. 1, Pp. 66-82.

Zouari, Sarra Ben Slama dan Neila Boulila Taktak. 2014. Ownership Structure And Financial Performance In Islamic Banks: Does Bank Ownership Matter?. International Journal Of Islamic And Middle Eastern Finance And Management, Vol. 7 Issue:2, Pp.146-160

Published

2021-07-25

Issue

Section

Artikel