Detail Cantuman

This study intends to analyze and examine the effect of
ownership structure, dividend policy on corporate financial
performance with intellectual capital as intervening variable.
By using panel data of four Government Banks listed on
stock exchanges in Indonesia period 2010-2015, regression
analysis using common effects model, fixed effect model and
random effect model with chow test and hausman test as
model selection test. The result of the research shows that
the three independent variables (domestic stock ownership,
foreign share ownership, dividend policy) either partially (t
test) or simultaneously (f test) have significant effect to the
financial performance of Government Banks. The effect of
domestic institutions share ownership on Return on Assets is
the indirect effect, otherwise the effect of foreign institutional
share ownership and dividend policy on Return on Assets is
the direct effect respectively.