PENGARUH KEBIJAKAN HUTANG TERHADAP NILAI PERUSAHAAN DENGAN KEBIJAKAN DIVIDEN SEBAGAI VARIABEL MODERASI
Abstract: The purpose is to
describe the effect of debt policy to firm value with
dividend policy as
a moderating variable.
The first hypothesis is
the positive effect
of debt policy
towards firm value, second the effect of dividend policy
on a relationship between debt policy
and firm value.
The data used
are secondary data
obtained from the annual reports and financial statements published by
each company. Methods used
in determining the
amount of the
sample using purposive sampling
method, and then
performed classical assumption on
the data using Moderated Regression Analysis (MRA) as an analytical
instrument. The result showed that debt
policy had a negative effect the firm value, but dividend policy can not
moderate the relationship between debt policy of firm value.
Penulis: SUBARAMAN DESMON ASA
NAINGGOLAN, AGUNG LISTIADI
Kode Jurnal: jpmanajemendd140988