Pengaruh Struktur Kepemilikan Perusahaan Pada Kinerja: Faktor Ketidakpastian Lingkungan Sebagai Pemoderasi
On the basis of the contingency theory and agency theory, the current study postulates and tests the impact of environmental uncertainty on the insider ownership and performance nexus. The study finds that estimation results support the hypothesis that there is significantly positive relationship between outside ownership concentration and organizational performance. The estimation results also show that there is significant positive impact of environmental uncerÂ¬tainty on the insider ownership and firm's performance, but insider ownership factor alone is not significantly influencing firmâ€™s performance.
Keywords:Â Â Â outside ownership concentration, insider ownership, environmental uncerÂ¬tainty, organÂ¬izational performance, agency theory, contingency theory.
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JURNAL AKUNTANSI DAN AUDITING INDONESIA (JAAI)
ISSN 1410-2420 (print), 2528-6528 (online)
Published by Department of Accounting, Faculty of Economics, Universitas Islam Indonesia
Supported by IAI-KAPd (Ikatan Akuntan Indonesia - Kompartemen Akuntan Pendidik)
JAAI pada http://journal.uii.ac.id/index.php/JAAI/ terlisensi oleh Creative Commons Attribution 4.0 International License.