PERAN KEPEMILIKAN INSTITUSIONAL PEMODERASI SIZE DAN PROFITABILITAS TERHADAP SOLVABILITAS
Abstract
Purpose― This study aims to obtain empirical evidence related to the role of institutional ownership moderating size and profitability on solvency.
Method— This study uses a quantitative approach with the population and research samples using food and beverage sector manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2018-2022).
Finding— The first meeting results explain that the higher the size affects the decrease in solvency. The second finding explains that higher profitability has a decreasing effect on solvency. The results of the third finding explain the size and profitability variables together have an effect on solvency. The fourth finding result explains that institutional ownership is not a moderating variable for the effect of size on solvency. The fifth finding result explains that institutional ownership is not a moderating variable for the effect of profitability on solvency.
Implikasi— The practical implications of the results of this study are to help universities, further research and companies. The theoretical implications of the results of this study can explain agency theory as a grand theory and signaling theory as a supporting theory. The implications of the research results prove that size affects solvency and profitability affects solvency.
Originality—The result of research observations so far have not found the same research with the topic of the role of institusional ownership moderating size and profitability on solvency.
Keywords -- Institutional Ownership, Size, Profitability, Solvency
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