ANALISIS PENGARUH KEPEMILIKAN MANAJERIAL, PROFITABILITAS, KESEMPATAN INVESTASI DAN KEBIJAKAN HUTANG TERHADAP NILAI PERUSAHAAN (Studi pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2010-2013)
Abstract: Company in business
wants to increase the value of the company. This is because the value of the
company reflects the performance of the company and may affect investor
perception of the company. This study aimed to analyze the effect of: (1)
managerial ownership, (2) profitability, (3) investment opportunities, (4) the
policy of debt to the value of the company on manufacturing companies listed in
bei 2010-2013. The value of the company is willing to pay the price by
potential buyers when the company is sold. Managerial ownership is a stock
company owned by the management company. Profitability is an important factor
in determining the capital structure. With large retained earnings, the company
would prefer to use retained earnings before using debt. Investment
opportunities in enterprise management decisions in the selection of an
investment that will be able to choose one or more investment alternatives are
considered the most profitable. a debt policy measures taken by the company to
finance through debt.
Data collection techniques in this research is the study documentation.
Data to be studied in this research is secondary data that is quantitative. The
data used in this research is secondary data from annual reports obtained from
the Indonesian Capital Market Directory (ICMD) 2010-2013. The analysis method
used in this study is multiple regression. The population in this study were
all manufacturing companies listed in Indonesia Stock Exchange in 2010 - 2013.
The sampling method used in this research is purposive sampling method. The
number of samples taken in this study as many as 32 companies.
From the test results showed that managerial ownership and significant
negative effect on the value of the company. While profitability and
significant positive effect on firm value. Variable investment opportunity no
significant effect on the value of the company. From the test results can be
seen that the debt policy and significant positive effect on firm value.
Keywords: managerial
ownership, profitability, investment opportunities, debt policy, the value of
the company, manufacturing company
Penulis: Vido Agnova, Dul Muid
Kode Jurnal: jpakuntansidd150705
