Abstract :
ABSTRACT
This study aim to test the effect of ownership structure on firm value. Population
of this study are 518 company which listed in Indonesia Stock Exchange during
2014 ? 2016. Samples are determined by using purposive sampling method. The
criteria on this study are : companies listed on the Indonesia Stock Exchange
during the study period, published financial statements, and have complete data
about the variables in this study. Samples obtained from purposive sampling
method are 174 companies or 452 data observed. Data analysis uses multiple
regressions analysis with SPSS 22. The results of the analysis show that the first
hypothesis (H1) which states managerial ownership has affect firm value,
supported. The second hypothesis (H2) which states institutional ownership has
affect firm value, supported.
Keywords : Managerial Ownership, Institutional Ownership, and Firm Value.