PENGARUH KEBIJAKAN DIVIDEN, KEBIJAKAN HUTANG DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2005-2010
ABSTRACT: The main
purposes of this
research is to
test the influence
of dividend policy, debt policy
and profitability toward corporate value by considering good corporate governance
as control variable.
This research uses
manufacturing companies
population that listed
on Indonesian Stock
Exchange with the observation period
2005-2010. Data collection
method used purposive
sampling method. The amount
of sample using
78 samples. This
research is tested
with SPSS aplication. This
research use ordinary
least square method
indicate that dividend policy
has a positif
but not significant
on corporate value,
debt policy has positif
but not significant
on corporate value,
and profitability has
positif significant.
Furthermore, this research
using insider ownership
as control variable that
only can changes
one independent variable,
there is: coefficient
of debt policy to
corporate value. So,
debt policy has
negatif but not
significant on corporate value.
Simultanously, variable of
DPR, DER and
ROE has significant effect to
PBV and with
insider ownership as
control variable, variable
of DPR, DER, ROE and insider
ownership has significant effect to PBV.
Penulis: Umi Mardiyati, Gatot
Nazir Ahmad, Ria Putri
Kode Jurnal: jpmanajemendd120527
