Abstract :
ABSTRACT
The purpose of this research is to know the result of comparability
between family firms and non family firms based on financial performance and
market value of the firm. Secondary data in this research was obtained from
www.sahamok.com, www.yahoofinance.com, and www.duniainvestasi.com and
also annual report and financial statement which downloaded from
www.idx.co.id. The sampling in this research are using purposive sampling
technique with criterias, firms are registered in the manufacturing sector during
the period of research, the firms also has complete data during the observation
period and on the measurement of market value of the firm, the financial
statements using the Rupiah exchange rate. The data analysis is using
independent sample t test. The conclusion of this research shows that there are no
significant difference in the rate of financial performance variable between family
firm and non family firm whereas in the market value of firm variable, there are
significant difference between family firms and non family firms.
Keywords: Financial performance, Market value, Family firm, Non family firm, ROA and Tobin?s Q