PENGARUH LEVERAGE TERHADAP NILAI PERUSAHAAN DIMEDIASI KEBIJAKAN DIVIDEN PADA PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA 2008-2012
| Main Author: | Buniarty Lienarty, Manlly |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | ind |
| Terbitan: |
, 2014
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| Subjects: | |
| Online Access: |
https://eprints.untirta.ac.id/13680/1/PENGARUH%20LEVERAGE%20TERHADAP%20NILAI%20PERUSAHAAN%20DIMEDIASI%20KEBIJAKAN%20DIVIDEN%20PADA%20PERUSAHAAN%20MANUFAKTUR%20DI%20BURSA%20EFEK%20INDON~1_opt_compressed1.pdf https://eprints.untirta.ac.id/13680/ https://feb.untirta.ac.id/ |
Daftar Isi:
- Manlly Buniarty Lienarty, 101960, "Dividend policy does not significantly mediate the effect of leverage on firm value in the Indonesia Stock Exchange 2008-2012". Under the guidance of Mr.H.Sriyanto, Drs., MSi and Mr.Bambang Mahmudi, SE., MM. Faculty of Economics, Management Studies University of Sultan Agung Tirtayasa. This study aims to determine the effect of leverage on firm value mediated by dividend policy. Quantitative research methods. The population used in this study are 12 sub-sectors of the automotive company and 4 companies in the sample using purposive sampling technique. This study used multiple regression analysis and test of Sobel & bootsrapping. Research hypothesis testing using t-test and f (for testing and simultaneous partial). Multiple analysis equation is Tobin's Q = 0885 + 0.844DER - 0.481DPR, stating that the rise in value of the Company one unit causes an increase in the Debt to Equity Ratio 0844 and 1 unit increase in the value of the company led to a decrease in Dividend Payout Ratio for 0481. In Sobel test of mediation and bootsrapping coefficient of 0.1646 was not significant due to the significant value of 0.4514> a 0:05. The results of the study partially (t test) and simultaneous (F test) explains that the Debt to Equity Ratio and the Dividend Payout Ratio jointly have no significant effect on firm value.