PENGARUH INSTITUTIONAL INVESTOR TERHADAP PERUSAHAAN JASA
ABSTRACT: The study`s purpose
is to acknowledge the factors that influence the institutional investor. The
samples are service industries included Transportation, Bank, Insurance, Hotel
& Travel Services, and Real Estate & Property which listed in Indonesian
Stock Exchange (BEI) for the period of 2002 up to 2007. Independent variables
in this study included Variable Firm Size, Capital expenditure to asset, Debt
ratio, Book to market value of asset, Dividend Per Share (Turnover), Risk
(Volatility), Return On Assets (ROA), Momentum, and price. Meanwhile, dependent
variable is Institutional Investor. With using purposive sampling, the total of
sample in this study is 18 of industries. Data analysis model are classic
assumption test, regression and t-test. Based on t-test, the result of Variable
Firm Size, Capital expenditure to asset, Debt ratio, Book to market value of
asset, Dividend Per Share (Turnover), Risk (Volatility), Momentum, and price
did not has related to Institutional Investor. Capital expenditure to asset and
Return on asset (ROA) has related to Institutional Investor. To Manager
Finance, result of this research is expected can become company consideration
in the field of service in determining factors to draw Investor Institutional.
Keywords: Institutional
investor, Institutional ownership, Firm Size, Capital expenditure to asset,
Debt ratio, Book value to market value, Turnover, Volatility, Return On Assets
(ROA), Momentum, and price
Penulis: Farah Margaretha,
Qorrie Aina Nizar
Kode Jurnal: jpmanajemendd090208
