Sebelas Maret International Conferences, The 5th National Conference on Applied Business

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ANALISIS PENGARUH KEBIJAKAN INVESTASI, KEBIJAKAN PENDANAAN, DAN KEBIJAKAN DEVIDEN TERHADAP NILAI PERUSAHAAN
SEPTYLYTA RAHMITA PUTRI

Last modified: 2019-03-22

Abstract


In this study aims to determine and analyze whether investment decision, funding decision, and dividend policy have a affect the value of companies in manufacturing companies listed on the Indonesia Stock Exchange. Firm value describes a public trust in the company in maximizing profits seen from the company's stock price. Maximizing company profits is the company's main goal in prospering shareholders. The measurement of company performance is classified into 3 forms of company policy are investment decision, funding decision, and dividend policy.

The research model used in this study is multiple linear regression. The sample used in this study were 26 manufacturing companies listed on the Indonesia Stock Exchange from 2013 until 2017. The results of the study showed that price earnings ratio, debt equity ratio, has a positive and significant influence on firm value. While company dividend payout ratio have a positive and not  significant effect on firm value.

Keywords : PBV, PER, DER, DPR