Proceedings of the International Conference on Economic Management, Accounting and Tourism (ICEMAT 2023)

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Ownership Structure and Firm Performance: The Mediating Role of Firm Size

Authors
I Gede Cahyadi Putra1, *, I Kadek Bagiana1, Kadek Indah Kusuma Dewi1, I Dewa Made Arik Permana Putra1
1Universitas Mahasaraswati Denpasar, Bali, Denpasar, Indonesia
*Corresponding author. Email: gdcahyadi@unmas.ac.id
Corresponding Author
I Gede Cahyadi Putra
Available Online 14 May 2024.
DOI
10.2991/978-94-6463-411-2_8How to use a DOI?
Keywords
Managerial Ownership; Institutional Ownership; Firm Size; Firm Performance
Abstract

The primary objective of this study is to explore the correlation between managerial ownership and institutional ownership in relation to firm performance. Additionally, it seeks to investigate the mediating role of company size in this association. The methodology employed in this research involves path analysis, analyzing a dataset comprising 129 research entries. The findings from the data analysis reveal a positive impact of managerial ownership, institutional ownership, and firm size on firm performance. Conversely, managerial ownership and institutional ownership exhibit a negative influence on firm size. Furthermore, company size acts as a mediator in the relationship between managerial ownership and firm performance, as well as between institutional ownership and firm performance. From a practical standpoint, it is recommended that companies formulate ownership policies that motivate managers to commit to long-term performance, taking into account the impact of company size in strategic decision-making. While this study provides valuable insights, it is essential to acknowledge its limitations, particularly in terms of sample size and the time frame considered, which could serve as areas for future research.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Economic Management, Accounting and Tourism (ICEMAT 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
14 May 2024
ISBN
978-94-6463-411-2
ISSN
2352-5428
DOI
10.2991/978-94-6463-411-2_8How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - I Gede Cahyadi Putra
AU  - I Kadek Bagiana
AU  - Kadek Indah Kusuma Dewi
AU  - I Dewa Made Arik Permana Putra
PY  - 2024
DA  - 2024/05/14
TI  - Ownership Structure and Firm Performance: The Mediating Role of Firm Size
BT  - Proceedings of the International Conference on Economic Management, Accounting and Tourism (ICEMAT 2023)
PB  - Atlantis Press
SP  - 84
EP  - 96
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-411-2_8
DO  - 10.2991/978-94-6463-411-2_8
ID  - Putra2024
ER  -