ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI NILAI PERUSAHAAN DENGAN KEPEMILIKAN MANAJERIAL SEBAGAI VARIABEL KONTROL (Studi Pada Perusahaan Manufaktur yang Terdaftar di BEI Periode 2012-2016)
Abstract: Corporate value is a
way to see if the company is in a good position or not. If the company has a
good corporate value it shows that the shareholders' position is also in
prosperous condition. Corporate value also has a strong influence on stock
prices, when the stock price is high then the corporate value is also getting
better and if the stock price is low then the corporate value also becomes low
This research aims to analyze the effect of dividend policy (DPR), debt
policy (DER), profitability (ROE), firm size and sales growth of corporate
value (PBV) and insider ownership as a control variable.
The object of this research refers to manufacturing companies that are
listed on the Indonesia Stock Exchange (IDX) during the period 2012-2016. The
population of this study are 144 manufacturing companies that are listed on the
Indonesia Stock Exchange (IDX) during 2012-2016.
The purposive sampling method used
was used in selecting the research sample, 94 companies are sampled for the
object of this study. Multiple regression technique are chosen for this
research statistic analysis. This research founds that debt policy,
profitability and size positively and significantly affects corporate value.
Dividend policy and sales growth have no significant effect on the dividend
payout ratio.
Keywords: corporate value,
dividend policy, debt policy, profitability, size, sales growth, insider
ownership
Penulis: Stephani Dipanala, R.
Djoko Sampurno
Kode Jurnal: jpmanajemendd180443
