Pengaruh Struktur Kepemilikan dan Kinerja Keuangan terhadap Nilai Perusahaan pada Perusahaan Sektor Property dan Real Estate yang Terdaftar di Bursa Efek Indonesia Tahun 2021–2024

Penelitian ini bertujuan untuk mengetahui pcngaiuh struktur kepemilikan dan kinerja keuangan terhadap nilai perusahaan pada perusahaan sektor property dan real estate yang terdaftar di Bursa Efek Indonesia tahun 2021-2024. Pandemi Covid-l9 memberikan dampak yang sangat besar bagi seluruh sektor ekonomi, terutama sektor property dan real estate. Perusahaan sektor property dan real estate memiliki peran penting dalam pengelolaan, pengembangan dan pemasaran berbagai bentuk properti, seperti rumah tinggal, apartemen, serta bangunan perkantoran. Dalam penelitian ini struktur kepemilikan diukur menggunakan kepemilikan manajerial dan kepemilikan institusional, kinerja keuangan diukur menggunakan Net Profit Margin (NPM), Debt to Equity Ratio (DER) dan Current Ratio (CR), Sedangkan nilai perusahaan diukur menggunakan Price to Book Value (PBV). Populasi penelitian ini sebanyak 92 perusahaan sektor property dan real estate, Jenis penelitian ini menggunakan penelitian kuantitatif dan teknik pengambilan sampel yang digunakan purposive sampling sehingga total sampel yang digunakan sebanyak 31 perusahaan dan jumlah observasi sebanyak 124 sampel. Teknik analisis data dalam penelitian ini menggunakan uji statistika deskriptif, uji asumsi klasik, uji hipotesis (uji t, analisis regresi linear berganda dan uji F), uji koefisien determinasi dengan menggunakan alat bantu SPSS 26. Hasil penelitian menunjukkan bahwa kepemilikan manajerial, kepemilikan institusional dan Net Profit Margin berpengaruh signifikan terhadap nilai perusahaan, sedangkan Debt to Equity Ratio, Current Ratio berpengaruh tidak signifikan. Struktur kepemilikan dan kinerja keuangan secara simultan berpengaruh signifikan terhadap nilai perusahaan.

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This study aims to determine the effect of ownership structure and financial performance on company value in property and real estate companies listed on the Indonesia Stock Exchange from 2021 to 2024. The Covid-19 pandemic has had a significant impact on all economic sectors, especially the property and real estate sectors. Companies in the property and real estate sectors play an important role in the management, development, and marketing of various types of properties, such as residential houses, apartments, and office buildings. In this study, ownership structure was measured using managerial ownership and institutional ownership, financial performance was measured using Net Profit Margin (NPM), Debt to Equity Ratio (DER), and Current Ratio (CR), while company value was measured using Price to Book Value (PBV). The population of this study consisted of 92 property and real estate companies. This study used quantitative research and purposive sampling techniques, resulting in a total sample of 31 companies and 124 observations. The data analysis technique in this study uses descriptive statistical tests, classical assumption tests, hypothesis tests (t-test, multiple linear regression analysis, and F-test), and coefficient of determination tests using SPSS 26. The results of the study indicate that managerial ownership, institutional ownership, and net profit margin have a significant effect on company value, while the debt to equity ratio and current ratio have no significant effect. Ownership structure and financial performance simultaneously have a significant effect on company value.