KARYA DOSEN Fakultas Ekonomi UM, 2016

Ukuran Huruf:  Kecil  Sedang  Besar

Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional, Kebijakan Dividen, Ukuran Perusahaan, Tingkat Suku Bunga terhadap Struktur Modal dan Nilai Perusahaan (Studi pada Perusahaan Manufaktur yang Terdaftar di BEI

Yuli Agustina

Abstrak


 

Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional, Kebijakan Dividen, Ukuran Perusahaan, Tingkat Suku Bunga terhadap Struktur Modal dan Nilai Perusahaan (Studi pada Perusahaan Manufaktur yang Terdaftar di BEI

Maximizing the value of the firm and increasing the welfare ofshareholders as the firm owners by increasing the stock price ts the objective of the firm. In achieving the objective, they can entrust the management of the firm to the financial manager, who will keep the performance of the firm and manage the financial asset ofthe firm by emphasizing in three decisionfunctions, which are: investment, funding, anddividenddecisions. This research aims atfinding out and analyzing eject of managerial ownership, institutional ownership, dividend policy, firm size, interest rate to capital structure and value of the firm in registered manufacturing in Indonesia stock exchange year 2009-2014. It uses the sample of manufacturing industry companies registered in Indonesia Stock Exchange (BEI). The sampling technique employs purposive sampling in accordance to the sample criteria wanted and got the sample of 26 companies from 151 companies fitlfilling the requirements in the observation period of 6   years. The data analysis used in this research to test the lgqoothesis is path analysis. The research result based on the path analysis shows that there is simultaneously significant eflect among managerial ownership, institutional ownership, dividend policy, firm size, and interest rate to capital structure and value of the firm. However, the partial test shows that there is insignificant variabel which is managerial ownership to capital structure and value ofthefirm. Another partial test shows that there are significant efiects among managerial ownership, institutional ownershtp, dividend policy, firm size, interest rate to capital structure and value ofthefirm.

 

Keywords: Managerial ownership, institutional ownership, dividend policy, firm size, interest rate to capital structure and value ofthefirm.