Research Article
Impact of Institutional Ownership and Compensation on Investment Efficiency
@INPROCEEDINGS{10.4108/eai.5-8-2020.2301101, author={Prita Esita and Muhammad Faisal and Maulida Nurul Innayah and Dwi Wirnani and Bima Cinintya Pratama}, title={Impact of Institutional Ownership and Compensation on Investment Efficiency}, proceedings={Proceedings of the 2nd International Conference of Business, Accounting and Economics, ICBAE 2020, 5 - 6 August 2020, Purwokerto, Indonesia}, publisher={EAI}, proceedings_a={ICBAE}, year={2020}, month={10}, keywords={institutional ownership; compensation; investment efficiency}, doi={10.4108/eai.5-8-2020.2301101} }- Prita Esita
Muhammad Faisal
Maulida Nurul Innayah
Dwi Wirnani
Bima Cinintya Pratama
Year: 2020
Impact of Institutional Ownership and Compensation on Investment Efficiency
ICBAE
EAI
DOI: 10.4108/eai.5-8-2020.2301101
Abstract
The purpose of the research is to study the effect of Institutional Ownership, Compensation on Investment Efficiency in companies which are listed on the Indonesian stock exchange (IDX) in 2017 . The population of the research are all listed companies in IDX for the period 2017. The sampling method of this research is used purposive sampling with a total sample of 532 companies which consist of financial industry, mining, and infrastructure, utilities and transportation. To test the hypothesis of this research, we use path analysis. The results show that Institutional Ownership, Compensation disclosure has a significant possitive effect on Investment Efficiency, which means. t he highest level of compensation and institutional ownership of the company, the more efficient the company is in disclosing its investment.
