Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional, Dan Return On Equity Terhadap Financial Distress (Studi pada perusahaan Property & Real Estate yang terdaftar di Bursa Efek Indonesia pada tahun 2017-2019)

Abstract

Abstract

This study aims to analyze the effect of managerial ownership, institutional ownership, and return on equity on financial distress in property & real estate companies listed on the IDX in 2017 to 2019 using the Springate method as an indicator of financial distress. The population used is all property & real estate sector companies listed on the Indonesia Stock Exchange for the period 2017 to 2019 totaling 61 companies. While the sample used in this study used purposive sampling so that based on predetermined criteria, 10 companies were selected as research samples. The analysis used is multiple linear regression. Through this study it can be concluded that managerial ownership does not significantly affect monetary misery, institutional ownership and return on equity have a significant effect on financial distress, while simultaneously managerial ownership, institutional ownership, and return on equity have a significant effect on financial distress.

 

Keywords: Managerial Ownership, Institutional Ownership, Return On Equity, and Financial Distress