PENGARUH KEPEMILIKAN MANAJERIAL DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN DI MEDIASI OLEH KEBIJAKAN HUTANG (Studi Pada Perusahaan Sektor Industri Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Periode Tahun 2010-2013)
| Main Author: | ASSYIFA LESTARI, AJENG |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | ind |
| Terbitan: |
, 2015
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| Subjects: | |
| Online Access: |
https://eprints.untirta.ac.id/13723/1/PENGARUH%20KEPEMILIKAN%20MANAJERIAL%20DAN%20PROFITABILITAS%20TERHADAP%20NILAI%20PERUSAHAAN%20DI%20MEDIASI%20OLEH%20K.pdf https://eprints.untirta.ac.id/13723/ https://feb.untirta.ac.id |
Daftar Isi:
- The purpose of this study was to determine whether there is influence between managerial ownership and profitability on firm value, using debt policy as an intervening variable.This type of research is descriptive and associative. The population consumption listed company on the Stock Exchange in 2010-2013 by 31 companies using purposive sampling method obtained a sample of 12 companies. The data used is secondary data. Analysis of the data using the classical assumption test , path analysis (path analysis) and partial test (t test). By using SPSS (Statistik Product and Service Solution) 21 for windows. From the calculation, all the classical assumption has been fulfilled. The first regression equation namely, [X3= -0,290 X1+ -0,119 X2 + 0,941]and a second regression equation namely, [Y = 0,024 X1+ 0,852 X2 + 0,247 X3 + 0,219].The result of research partially managerial ownership has no effect and no significant effect on firm value. Profitability positive and significant impact on firm value. Debt policy and significant positive effect on firm value. Managerial ownership has no effect and does not significantly influence debt policy. Profitability has no effect and does not significantly influence debt policy. Path analysis of the test results showed that the debt policy as an intervening variable is unable to mediate the effect of managerial ownership on firm value but it’s influence is not significant. Debt policy as an intervening variable is also not able to mediate the effect of profitability on firm value but it’s influence is not significant.