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Blockholder Ownership and Cost Of Equity of Islamic Stock
Erfinda Mustika Dewi

Faculty of Economic and Business, Airlangga University, Indonesia


Abstract

This study discusses corporate governance which is the ownership structure and how it impacts the companys cost of equity. Ownership structure here means anyone who owns shares or company equity and what percentage of ownership. This research raised about blockholder ownership. Blockholder ownership is the ownership of a company that has more than 25% of the total shares outstanding in the company. Blockholder ownership consists of financial blockholders, corporate blockholders, government blockholders, managerial blockholder. Blockholders in a company have more power compared to minority shareholders. Blockholders can also control the people manager works. When managers dont do what the people want blockholders, blockholders have the right to change the managerial system of the company.This study uses multiple linear regression methods to determine whether or not there is an influence between the independent variables on the dependent variable. The data that will be used is the annual report data of non-financial institutions that are already sharia and registered on the IDX.

Keywords: Bockholder Ownership, Cost Of Equity, Islamic Stock,

Topic: Social and Economic Issues

Link: https://ifory.id/abstract/Lk9Tx8EQZDCd

Conference: International Conference Postgraduate School Universitas Airlangga (ICPS 2019)

Plain Format | Corresponding Author (Erfinda Mustika Dewi)

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