Institutional Ownership and Corporate Sustainable Growth: Insights from the Indonesian Banking Sector
This study investigated the effect of institutional ownership on corporate sustainable growth, with a particular focus on the moderating roles of firm size and firm age. The sample comprises 45 banks listed on the Indonesia Stock Exchange (IDX) from 2004 to 2021, resulting in 578 firm-year observati...
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| Format: | Article |
| Language: | English |
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Universitas Syiah Kuala
2025-04-01
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| Series: | Jurnal Dinamika Akuntansi dan Bisnis |
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| Online Access: | https://jurnal.usk.ac.id/JDAB/article/view/43149 |
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| author | Amrie Firmansyah Nafis Dwi Kartiko |
| author_facet | Amrie Firmansyah Nafis Dwi Kartiko |
| author_sort | Amrie Firmansyah |
| collection | DOAJ |
| description | This study investigated the effect of institutional ownership on corporate sustainable growth, with a particular focus on the moderating roles of firm size and firm age. The sample comprises 45 banks listed on the Indonesia Stock Exchange (IDX) from 2004 to 2021, resulting in 578 firm-year observations. Employing Ordinary Least Squares (OLS) regression, the findings indicate that institutional ownership has a negative effect on sustainable growth. However, firm size and firm age do not significantly moderate this relationship for firms with either above-average or below-average asset levels. Further analysis reveals that institutional ownership negatively affects smaller firms, while its impact on larger firms is statistically insignificant. These results suggest that the relationship between institutional ownership and sustainable growth may vary with firm size, although not in a moderating capacity. The findings imply that, while firm size and firm age do not function as moderators, they remain important contextual factors in understanding the influence of institutional ownership on corporate sustainable growth. |
| format | Article |
| id | doaj-art-a94ca143f2244ee3bb7094743273bda7 |
| institution | DOAJ |
| issn | 2355-9462 2528-1143 |
| language | English |
| publishDate | 2025-04-01 |
| publisher | Universitas Syiah Kuala |
| record_format | Article |
| series | Jurnal Dinamika Akuntansi dan Bisnis |
| spelling | doaj-art-a94ca143f2244ee3bb7094743273bda72025-08-20T03:15:35ZengUniversitas Syiah KualaJurnal Dinamika Akuntansi dan Bisnis2355-94622528-11432025-04-011218911010.24815/jdab.v12i1.4314920178Institutional Ownership and Corporate Sustainable Growth: Insights from the Indonesian Banking SectorAmrie Firmansyah0Nafis Dwi KartikoFaculty of Economics and Business, Universitas Pembangunan Nasional Veteran JakartaThis study investigated the effect of institutional ownership on corporate sustainable growth, with a particular focus on the moderating roles of firm size and firm age. The sample comprises 45 banks listed on the Indonesia Stock Exchange (IDX) from 2004 to 2021, resulting in 578 firm-year observations. Employing Ordinary Least Squares (OLS) regression, the findings indicate that institutional ownership has a negative effect on sustainable growth. However, firm size and firm age do not significantly moderate this relationship for firms with either above-average or below-average asset levels. Further analysis reveals that institutional ownership negatively affects smaller firms, while its impact on larger firms is statistically insignificant. These results suggest that the relationship between institutional ownership and sustainable growth may vary with firm size, although not in a moderating capacity. The findings imply that, while firm size and firm age do not function as moderators, they remain important contextual factors in understanding the influence of institutional ownership on corporate sustainable growth.https://jurnal.usk.ac.id/JDAB/article/view/43149firm agefirm sizecorporate sustainable growthinstitutional ownership |
| spellingShingle | Amrie Firmansyah Nafis Dwi Kartiko Institutional Ownership and Corporate Sustainable Growth: Insights from the Indonesian Banking Sector Jurnal Dinamika Akuntansi dan Bisnis firm age firm size corporate sustainable growth institutional ownership |
| title | Institutional Ownership and Corporate Sustainable Growth: Insights from the Indonesian Banking Sector |
| title_full | Institutional Ownership and Corporate Sustainable Growth: Insights from the Indonesian Banking Sector |
| title_fullStr | Institutional Ownership and Corporate Sustainable Growth: Insights from the Indonesian Banking Sector |
| title_full_unstemmed | Institutional Ownership and Corporate Sustainable Growth: Insights from the Indonesian Banking Sector |
| title_short | Institutional Ownership and Corporate Sustainable Growth: Insights from the Indonesian Banking Sector |
| title_sort | institutional ownership and corporate sustainable growth insights from the indonesian banking sector |
| topic | firm age firm size corporate sustainable growth institutional ownership |
| url | https://jurnal.usk.ac.id/JDAB/article/view/43149 |
| work_keys_str_mv | AT amriefirmansyah institutionalownershipandcorporatesustainablegrowthinsightsfromtheindonesianbankingsector AT nafisdwikartiko institutionalownershipandcorporatesustainablegrowthinsightsfromtheindonesianbankingsector |