|Title: THE EFFECT OF GROWTH AND CONTROLLING OWNERSHIP ON THE PERFORMANCE OF ENTERPRISES CONDUCTING INITIAL PUBLIC OFFERINGS IN INDONESIA DURING THE COVID-19 PANDEMIC|
Muhammad Diva Anshari Dachyar, Liyu Adhi Kasari Sulung and Imo Gandakusuma
This study aims to examine the effect of growth and controlling ownership on the stock performance of companies conducting public offerings in Indonesia during the COVID-19 pandemic in 2020.The research sample used consisted of 33 firms which are listed on Indonesian Stock Exchange. The research method used in this study is panel regression with Fixed Effect Model estimation. The results of the study found that growth had no effect on firm performance and controlling ownership had a positive effect on firm performance. The result of this study has a different result from previous studies on the effect of growth on stock performance and the effect of controlling ownership on stock performance.
|Keywords: Controlling Ownership, COVID-19, Firm Stock Performance, Growth.|