Analisis Pengaruh Kepemilikan Institusional terhadap Permodalan Bank di Indonesia

Abstract

This study aims to determine the effect of institutional ownership on bank capital in Indonesia. Capital is the dependentt variable in this study where capital is divided into Capital Ratio, Market Capital Ration, and tier 1 ratio. Independentt institutional ownership is calculated by the number of institutional ownership divided by the number of outstanding shares. In this study there are five control variables, namely Market to Book, Size, Dummy, Profitability. This study uses descriptive quantitative research with a dynamic panel data regression model using the Generalized Method Of Moment (GMM) estimation method. There are 47 banking companies in ASEAN which are the population in this study. The population sample selection was carried out using purposive sampling method, so that 31 banking companies were obtained that met the criteria according to what the researchers had set. This study uses secondary data in the form of annual financial publication reports of each bank. The results obtained show that the independentt variable institutional ownership has a significant negative effect on the dependentt variable Capital Ratio. Furthermore, it is obtained that the institutional ownership variable has a significant positive effect on the Market Capital Ratio dependentt variable, finally the institutional ownership variable has a negative and significant effect on the Tier-1 Ratio.