Influence of Profitability, Investment Opportunity Set (Ios) Leverage and Dividend Policy on Firm Value in The L Service in Indonesia Stock Exchange
Abstract
This research was aimed to analyze the significant influence of profitability, investment opportunity set (ios), leverage and dividend policy partially or simultaneously on firm value. The sample used in this research was Industrial Services in Indonesia Stock Exchange period 2013 to 2015 as many as 28 companies taken by using purposive sampling technique. Hypothesis testing of research using multiple linear regression analysis by SPSS 21 for windows programs. This research found that: (1) profitability has significant influence partially on firm value; (2) investment opportunity set (ios) has significant influence partially on firm value; (3) leverage has no significant influence partially on firm value; (3) the dividend policy has no significant influence partially on firm value; (5) profitability, investment opportunity set (ios), leverage and dividend policy have significant influence simultaneously on firm value with influence value of 46.7%.
Keywords
Full Text:
PDFReferences
Anonim. 2013-2015. Indonesia Capital Market Directory 2013. Jakarta:ECFIN.
Brigham, Eugene F., dan Houston, Joel. 2011. Dasar-dasar Manajemen Keuangan Buku 2 Edisi 11. Jakarta : Salemba Empat.
Distribusi Persentase Produk Domestik Triwulanan Atas Dasar Harga berlaku menurut Lapangan Usaha 2011-2015 [6/4/2017].
Harahap, Sofyan Syafri. 2008. Analisis Kritis atas Laporan Keuangan. Jakarta : PT. Raja Grafindo Persada.
Hardiyanti, Nia. 2012. Analisis pengaruh Insider Ownership, Leverage, Profitabilitas, Firm Size dan Dividen Payout Ratio terhadap Nilai Perusahaan. Skipsi. Universitas Diponegoro.
Hayati, Nurul. 2010. Faktor-faktor yang Mempengaruhi Price Earning Ratio (PER) Sebagai Salah Satu Kriteria Keputusan Investasi Saham Perusahaan Real Estate dan Property di Bursa Efek Indonesia (2007-2010). Diponegoro Journal of Management Vol. 1 No. 1 tahun 2012 : 382-39.
Kallapur, S., dan Trombley, MK. 2001. The Investment Opportunity Set: Determinants, Consequences and Measurment, Managerial Finance 27. Pp 3-15.
____________________________. 1999. The Assosiation Between Investment Oppurtunity Set Proxies and Realized Broth. Journal of Bussiness and Accounting : 26, April/may, PP: 505-519.
Mahendra, Alfredo D.J. 2011. Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan (Kebijakan Dividen Sebagai Variabel Moderating) Pada Perusahaan Manufaktur di Bursa Efek Indonesia. Thesis. Universitas Udayana.
Martono dan D Agus Sarjito. 2008. Manajemen Keuangan. Yogyakarta: Ekonisia.
Myers. Stewart C. 1997. Determinant of Corporate Borrowing, Journal of Financial Economics 9 (3) : 237-264.
Nurlela dan Islahuddin. 2008. Responsibility terhadap Nilai Perusahaan dengan Prosedntase Kepemilikian manajemen sebagai Variabel Moderating (Studi Empiris pada Perusahaan yang terdaftar di Bursa Efek Jakarta). Jurnal dan Prosiding SNA-Simposium Nasional Akuntansi.
Perusahaan yang terdaftar di Bursa Efek Indonesia. Melalui
Pujiati, diyah dan Widanar, Erman. 2009. Pengaruh Struktur kepemilikan terhadap Nilai Perusahaan : Keputusan Keuangan sebagai variabel Intervining. Jurnal Ekonomi dan Bisnis Ventura, Vol 12 No. 1 . hal. 71-86.
Sutrisno, 2009. Manajemen Keuangan (Teori, Konsep, dan Aplikasi), Cetakan Ketujuh, Yogyakarta : Ekonisia.
Tandelilin, Eduardus. 2010. Portofolio dan Investasi: Teori dan Aplikasi, Edisi Pertama. Yogyakarta: Kanisius.
DOI: http://dx.doi.org/10.26737/jtmb.v3i2.346
Refbacks
- There are currently no refbacks.
Published by:
Institute for Managing and Publishing of Scientific Journals STKIP Singkawang
JTMB (Jurnal Terapan Manajemen dan Bisnis)
e-ISSN : 2477-5282
p-ISSN : 2599-3127
Sekolah Tinggi Keguruan dan Ilmu Pendidikan (STKIP) Singkawang
Address : STKIP Singkawang, Jalan STKIP - Kelurahan Naram Singkawang, Kalimantan Barat, INDONESIA, 79251
No. Telp. : +62562 420 0344
No. Fax. : +62562 420 0584
Editor in Chief: [email protected] / [email protected] / Wa: +6282142072788
Support Contact: [email protected] / Wa: +6282142072788
Plagiarism Tools
JTMB Indexed by:
Jurnal Terapan Manajemen dan Bisnis is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.