Pengaruh Kepemilikan Manajerial, Kebijakan Deviden, dan Kebijakan Hutang terhadap Nilai Perusahaan (Studi Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia Periode 2013-2017)
| Main Author: | Syifa, Adinda |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
, 2019
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| Subjects: | |
| Online Access: |
https://eprints.untirta.ac.id/3327/1/Pengaruh%20Kepemilikan%20Manajerial%2C%20Kebijakan%20Deviden%2C%20dan%20Kebijakan%20Hutang%20terhadap%20Nilai%20Perusahaan.pdf https://eprints.untirta.ac.id/3327/ https://feb.untirta.ac.id/ |
Daftar Isi:
- This study aims to examine the effect of managerial ownership, dividend policy, and debt policy on firm value. Managerial ownership in this research is a corporate governance mechanism. Managerial ownership is measured by the total shares held by management divided by the number of shares of the company managed. Dividend policy is measured using dividend payout ratio (DPR), which is dividend per share divided by earnings per share, debt policy is measured by a debt equity ratio (DER), namely total debt divided by total equity, and company value measured using PBV's price book value. This study uses multiple linear regression to test the direct effect between variables. The research data uses secondary data, which is obtained from the annual report published by the company. The research sample amounted to 89 manufacturing industries listed on the Indonesia Stock Exchange in the period 2013-2017. The results of the study prove that managerial ownership, dividend policy and debt policy directly influence the value of the company. This study shows that when shareholders invest their shares, investors can consider dividend distribution and the level of debt that must be in proportion. Keywords: managerial ownership, dividend policy, debt policy, firm value