PENGARUH CORPORATE GOVERNANCE TERHADAP NILAI PERUSAHAAN DENGAN KEBIJAKAN DIVIDEN SEBAGAI VARIABEL INTERVENING
| Main Author: | ZEIN, RATU CAREENDA ZEIN |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | ind |
| Terbitan: |
, 2015
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| Subjects: | |
| Online Access: |
https://eprints.untirta.ac.id/11536/1/2.%20PENGARUH%20CORPORATE%20GOVERNANCE%20TERHADAP%20NILAI%20PERUSAHAAN%20DENGAN%20KEBIJAKAN%20DIVIDEN%20SEBAGAI%20VARIA.PDF https://eprints.untirta.ac.id/11536/ |
Daftar Isi:
- This study aims to (1) analyze the effect of corporate governance on deviden policy by way of linking with two theory which is substitusi theory and outcome theory, if corporate governance negatively related on dividend policy that means confirmed substitusi theory, if corporate governance positively related on dividend policy that means confirmed outcome theory. (2) to analyze and provide empirical evidence the effect of corporate governance on firm value with the devidend policy as intervening variable on bank companies in Indonesia. The hypothesis (1) corporate governance has effect on devidend policy (2) corporate governance has effect on firm value (3) devidend policy has effect on firm value (4) dividend policy as intervening variable has effect on corporate governance and firm value. This study uses data bank companies listed on the Indonesia Stock Exchange during 2009-2013, with the criteria published financial statements as of December 31 during 2009-2013. Samples were obtained by purposive sampling. Data were analyzed by multiple regression analysis and path analysis. The results showed (1) corporate governance has significant and negative effect on dividend policy (2) corporate governance has significant and positive effect on firm value (3) dividend policy has significant and positive effect on firm value (4) devidend policy as intervening variable has parsial effect on corporate governance and firm value