Institutional Ownership, Firm Size Effect, Corporate Finance and Firm Value
Institutional Ownership, Firm Size Effect, Corporate Finance and Firm Value

Summary/Abstract: The direct effect of institutional ownership and company size does not significantly affect company value. The value of the company does not respond to changes in institutional ownership and company size significantly, it means that the signaling theory is not proven. Institutional investors do not affect corporate finance except dividend decisions, this is consistent with the characteristics of "transient investors", the same thing happens to firm size, which also does not affect corporate finance except dividend decisions. Only dividend decisions affect company value while investment decisions and financing patterns do not affect.

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