scholarly journals PENGARUH KEPEMILIKAN SAHAM MANAJERIAL DAN INSTITUSIONAL TERHADAP NILAI PERUSAHAAN (STUDI PERUSAHAAN NON KEUANGAN DI BURSA EFEK INDONESIA)

2017 ◽  
Vol 3 (2) ◽  
pp. 169-178
Author(s):  
Lidya Avinda Tamalagi ◽  
Muhammad Noval ◽  
Cici Riyanti K Bidin
Keyword(s):  
Stock Exchange ◽  
Sampling Technique ◽  
Test Results ◽  
Corporate Value ◽  
Control Variables ◽  
Purposive Sampling ◽  
Share Ownership ◽  
Company Value ◽  
Analysis Process ◽  
Age Dependent

This study aims to study Managerial and Institutional Ownership of Value of Non-Financial Companies listed on the Stock Exchange. The independent variables consist of Managerial Share Ownership (X1) and Institutional Share (X2), as well as several control variables namely Debt, Size and Age. Dependent variable is Company Value (Y), using Tobins'Q ratio. The research sample is 110 companies with purposive sampling sampling technique. Multiple regression data analysis process. The results showed that share ownership positively and insignificantly to the control variables. The result of managerial-related imposition on a significant corporate value of 0.368%. and Institutional Share Ownership has a positive and insignificant relationship to the company with the controls, variables and companies used as control variables. The test results showed that the significant value of 0.378. Penelitian ini bertujuan untuk menganalisis pengaruh Kepemilikan Saham Manajerial dan Institusional terhadap Nilai Perusahaan Non Keuangan yang terdaftar di BEI. Variabel independen terdiri dari Kepemilikan Saham Manajerial (X1) dan Saham Institusional (X2), serta beberapa variabel kontrol yaitu Hutang, Ukuran dan Umur. Variabel dependen adalah Nilai Perusahaan (Y), diukur menggunakan rasio Tobins’Q. Sampel penelitian sebanyak 110 perusahaan ditentukan dengan tehnik penarikan sampel purposive sampling. Metode analisis data yang digunakan adalah regresi berganda. Hasil penelitian menunjukan bahwa Kepemilikan Saham Manajerial pengaruh positif dan tidak signifikan terhadap nilai perusahaan dengan mengendalikan hutang, ukuran dan umur perusahaan yang bertindak sebagai variabel kontrol. Hasil pengujian menunjukkan bahwa pengaruh kepemilikan saham manajerial terhadap nilai perusahaan memiliki nilai signifikan sebesar 0.368%. dan Kepemilikan Saham Institusional memiliki pengaruh positif dan tidak signifikan terhadap nilai perusahaan dengan mengendalikan hutang, ukuran dan umur perusahaan yang bertindak sebagai variabel kontrol. Hasil pegujian menunjukan bahwa nilai signifikan sebesar 0.378.

Effect Of Leverage, Inflation And GDP To Share Price Pt. Astra Otoparts Tbk.

ProBank ◽  
2018 ◽  
Vol 3 (2) ◽  
pp. 17-21
Author(s):  
Heriyanta Budi Utama ◽  
Florianus Dimas Gunurdya Putra Wardana
Keyword(s):  
Gross Domestic Product ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Share Price ◽  
Domestic Product ◽  
Coefficient Of Determination ◽  
Test Results ◽  
Purposive Sampling

The purpose of this study was to obtain empirical evidence about the effect of leverage, inflation and Gross Domestic Product (GDP) of the share price at PT. Astra Autopart, Tbk. companies in Indonesia Stock Exchange in 2011-2015. The sampling technique in this study using a purposive sampling. With the technique of purposive  sampling, all the members of the research samples by criteria. Samples that meet the criteria are used research data. Then followed the classic assumption test and test hypotheses by linear regression. The results of this study demonstrate the regression results in regression equation that Y = 2605,424 + 1561,550 X1 + 2,338 X2 + 38,994X3. T test results showed that the leverage anda GDP (Gross Domestic Product) is positive and significant effect on stock prices, while inflation is not positive and significant effect on stock prices. F test results showed that jointly leverage variables, inflation and GDP variables affecting the stock price significantly. The test results R2 (coefficient of determination) found that the variable leverage, inflation and GDP able to explain 35,4% of the stock price variable, while the remaining 64,6% is explained by other variables.Keywords: leverage, inflation, GDP, and the share priceThe purpose of this study was to obtain empirical evidence about the effect of leverage, inflation and Gross Domestic Product (GDP) of the share price at PT. Astra Autopart, Tbk. companies in Indonesia Stock Exchange in 2011-2015.The sampling technique in this study using a purposive sampling. With the technique of purposive  sampling, all the members of the research samples by criteria. Samples that meet the criteria are used research data. Then followed the classic assumption test and test hypotheses by linear regression.The results of this study demonstrate the regression results in regression equation that Y = 2605,424 + 1561,550 X1 + 2,338 X2 + 38,994X3. T test results showed that the leverage anda GDP (Gross Domestic Product) is positive and significant effect on stock prices, while inflation is not positive and significant effect on stock prices. F test results showed that jointly leverage variables, inflation and GDP variables affecting the stock price significantly. The test results R2 (coefficient of determination) found that the variable leverage, inflation and GDP able to explain 35,4% of the stock price variable, while the remaining 64,6% is explained by other variables.Keywords: leverage, inflation, GDP, and the share price

scholarly journals Investor Decision in Estimating the Effect of Earning Persistence, Financial Leverage, Foreign Ownership Toward Company Reputation and Company Value

2020 ◽  
Vol 11 (4) ◽  
pp. 453
Author(s):  
Robert Jao ◽  
Djabir Hamzah ◽  
Abdul Rakhman Laba ◽  
Mediaty Mediaty
Keyword(s):  
Corporate Reputation ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Foreign Ownership ◽  
Free Cash Flow ◽  
Corporate Value ◽  
Financial Leverage ◽  
Company Value ◽  
Company Reputation ◽  
Income Variability

Understanding company effort on managing corporate reputation and corporate value are challenging tasks among investors. This paper provides an estimated relationship of earning persistence, financial leverage, and foreign ownership on corporate reputation and corporate value on non-financial companies listed in Indonesian Stock Exchange. Data are collected from a five-year observation period, ranging 2014 to 2018. A Non probability sampling technique is purposively used to determine the data quality. The collected data are analyzed and processed using SEM method. This study provides a qualitative result showing the relationship among the variables. The financial leverage has no significant effect on company value. In addition, financial leverage also has no significant impact on company reputation compared to foreign ownership toward company reputation. Earning persistence has significantly affected the company value followed by income variability with equal effect toward corporate reputation. Future study can add additional independent variables such as free cash flow and growth opportunities to expand this study.

scholarly journals COMPANY VALUE DETERMINANTS STUDY ON MANUFACTURING COMPANY LISTED IN INDONESIA STOCK EXCHANGE

2017 ◽  
Vol 14 (02) ◽  
pp. 111
Author(s):  
Oyong Lisa
Keyword(s):  
Firm Size ◽  
Firm Value ◽  
Research Method ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Positive Influence ◽  
Coefficient Of Determination ◽  
Corporate Value ◽  
Manufacturing Companies ◽  
Company Value

The purpose of this study to determine the effect of firm size, leverage, and profitability to the value of companies in manufacturing companies listed on the Indonesia Stock Exchange (BEI) partially or simultaneously. This research tested the hypothesis that there is influence of firm size, leverage, and profitability to the value of companies in manufacturing companies listed on the Indonesia Stock Exchange (BEI). The sampling technique used was purposive sampling. The research method used is multiple linear regression statistic method.The results showed that firm size variables have no effect on firm value, leverage has no effect on firm value, profitability has positive influence to firm value. While simultaneously there is influence of firm size, leverage, and profitability to firm value with coefficient of determination (adjusted R2) obtained equal to 0,28, indicating that 28% company value can be influenced by firm size, leverage, and profitability, while side 72% The value of the company is influenced by the variables that are not examined in this research. The limitations of this study is to examine the effect of firm size, leverage, and profitability on firm value. While other variables that affect the value of the company is expected to be examined by further researchers.Keywords: Firm Size, Leverage, Profitability, Corporate Value

scholarly journals Pengaruh Kualitas Pelaporan Keuangan Berbasis Akuntansi dan Berbasis Pasar terhadap Kesenjangan Informasi pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia

2018 ◽  
Vol 2 (02) ◽  
pp. 124-131
Author(s):  
Suci Wahyuliza
Keyword(s):  
Financial Reporting ◽  
Stock Exchange ◽  
Reporting Quality ◽  
Sampling Technique ◽  
Income Smoothing ◽  
Financial Reporting Quality ◽  
Test Results ◽  
Manufacturing Companies ◽  
Purposive Sampling

This research aims to test the influence of the quality of financial reporting accounting based and market based on the asimetri of information. The sample used the manufacturing companies listed on the Indonesia stock exchange from 2007 untill 2011. Using a Purposive sampling technique of Sampling and retrieved samples of as many as 41 companies.Hypothesis test results showed that the quality of financial reporting  based accounting is represented with three indicator are persistence and predictability has no effect on the asimetri of information whereas the effect on income smoothing indicator asimetri of information. Further market based financial reporting quality is represented by three indicators, namely the relevance of the value and timeliness of the Asimetri information has no effect while the indicator of conservatism has influence on the asimetri of information.

scholarly journals DETERMINAN PENGAMBILAN KEPUTUSAN LINDUNG NILAI (HEDGING) DENGAN INSTRUMEN DERIVATIF VALUTA ASING PADA PERUSAHAAN MANUFAKTUR

2020 ◽  
Vol 15 (1) ◽  
pp. 9-26
Author(s):  
Verawaty Verawaty ◽  
Ade Kemala Jaya ◽  
Megawati Megawati
Keyword(s):  
Firm Size ◽  
Significant Influence ◽  
Financial Distress ◽  
Stock Exchange ◽  
Research Result ◽  
Sampling Technique ◽  
Corporate Value ◽  
Manufacturing Companies ◽  
Purposive Sampling ◽  
Growth Opportunity

Abstract: Hedging is an alternative of risk management that aims to protect the assets of company from losses caused by the risk. This research was aimed to analyze the influence of corporate value, liquidity, leverage, growth opportunity, financial distress and firm size to the hedging decision on manufacturing companies listed in Indonesia Stock Exchange. The samples were 24 manufacturing companies which were listed in Indonesia Stock Exchange in the period of 2016-2017 which had been selected by using the purposive sampling technique. The data analysis technique used logistic regression. The research result showed that corporate value, liquidity and growth opportunity did not give any significant influence to the hedging decision whereas leverage, financial distress and firm size had significant influence to the hedging decision. Hedging adalah alternatif manajemen risiko yang bertujuan untuk melindungi aset perusahaan dari kerugian yang diakibatkan oleh risiko. Penelitian ini bertujuan untuk menganalisis pengaruh corporate value, liquidity, leverage, growth opportunity, financial distress dan firm size terhadap keputusan hedging pada perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia. Sampel yang digunakan adalah 24 perusahaan manufaktur yang terdaftar di Bursa Efek Indonesia periode 2016-2017 dengan menggunakan teknik purposive sampling. Teknik analisis data yang digunakan adalah analisis regresi logistik. Hasil penelitian ini menunjukkan bahwa variabel corporate value, liquidity, dan growth opportunity tidak berpengaruh signifikan terhadap keputusan hedging, sedangkan variabel leverage, financial distress dan firm size berpengaruh signifikan terhadap keputusan hedging. 

scholarly journals Pengaruh Likuiditas, Profitabilitas, Ukuran Perusahaan, dan Kepemilikan Saham Publik terhadap Pengungkapan Laporan Tahunan Pada Perusahaan Property dan Real Estate yang Terdaftar Pada Bursa Efek Indonesia Tahun 2016-2019

2021 ◽  
Vol 5 (2) ◽  
pp. 500
Author(s):  
Elisa Yang ◽  
Pearlren Wijaya ◽  
Aurellia Sarikho ◽  
Thevania Gladystella ◽  
Maya Sabirina Panggabean
Keyword(s):  
Real Estate ◽  
Annual Report ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Annual Reports ◽  
Test Results ◽  
Share Ownership ◽  
Positive Effects ◽  
Public Share

This research aims to determine the Effect of Liquidity, Profitability, Company Size, and Public Share Ownership on Disclosure of Annual Reports on Property and Real Estate Companies Listed on the Indonesia Stock Exchange. The data used is sourced from the annual financial statements on the Indonesia Stock Exchange in 2016-2019. And there has been a selection based on the criteria that have been determined. The population used in the study was 50 companies and the sample used amounted to 21 companies. The technique in selecting a sample is to use the Purposive Sampling technique. The study used multiple linear regression analysis methods. From this study showed that Liquidity and Profitability had no significant effect on the Annual Report Disclosure Index on Property and Real Estate Companies Listed on the Indonesia Stock Exchange because the partial test results on liquidity variables negatively 0.01 percent and significant value positive effects 0.9 percent and partial test results on profitability variables negatively 1.4 and significant value positive influence 0.1 percent which proving not always the level of liquidity and profitability of the company will have a positive effect on the disclosure report. While the Size of the Company and Public Share Ownership have a significant influence on the Annual Report Disclosure Index on Property and Real Estate Companies Listed on the Indonesia Stock Exchange because the partial test results on the company's size variables positively affect 2.1 percent and significant value negatively affect 0.03 percent and partial test results on public share ownership variables positively affect 3.6 percent. But all variables have an simultaneous effect on the Annual Report Disclosure Index on Property and Real Estate Companies Listed on the Indonesia Stock Exchange.

Faktor-Faktor Yang Mempengaruhi Struktur Modal Pada Perusahaan Manufaktur Yang Go Public

Liquidity ◽  
2018 ◽  
Vol 5 (1) ◽  
pp. 19-26
Author(s):  
Nelyumna Nelyumna
Keyword(s):  
Capital Structure ◽  
Firm Size ◽  
Confidence Level ◽  
Stock Exchange ◽  
Sampling Technique ◽  
T Test ◽  
Test Results ◽  
F Test ◽  
Purposive Sampling ◽  
Manufacturing Company

The purpose of this research was to analyze the influence of asset structure, liquidity, profitability, and firm size on capital structure. The sample used in this study is manufacturing company listed on the Indonesia Stock Exchange (IDX) 2012-2014. Samples were taken by purposive sampling technique. F test results indicate that the asset structure, liquidity, profitability, and firm size set significant effect on capital structure in manufacturing company listed on the Indonesia Stock Exchange (IDX) with a confidence level of 95%. t test results showed that variables asset structure, liquidity, profitability, and firm size thatsignificantly affect the capital structure of the companies listed in Indonesia Stock Exchange (IDX) with a confidence level of 95%.

scholarly journals Pengaruh Kepemilikan Manajerial dan Komisaris Independen Terhadap Nilai Perusahaan Dengan CSR sebagai Variabel Mediasi

2019 ◽  
pp. 1628
Author(s):  
Yunita Ardianti ◽  
Akram Akram ◽  
Surasni Surasni
Keyword(s):  
Path Analysis ◽  
Sampling Method ◽  
Stock Exchange ◽  
Managerial Ownership ◽  
Corporate Value ◽  
Purposive Sampling ◽  
Mining Companies ◽  
Company Value ◽  
Analysis Tools

This study aims to determine the effect of managerial ownership and independent commissioners on corporate value through CSR. This research was conducted at mining companies listed on the Indonesia Stock Exchange for the period 2016-2017. The population in this study were 82 companies and 36 research samples using purposive sampling method. This study uses path analysis with SPSS 23. Analysis tools. The results of this study indicate that managerial ownership and independent commissions influence CSR simultaneously. Managerial ownership, independent commissioners and CSR have no effect on company value simultaneously. Managerial ownership does not partially affect CSR and companyvalue. Independent commissioners do not partially influence CSR and company value. Keywords: Corporate Value, CSR, Managerial Ownership, Independent    Commissioner

scholarly journals PENGARUH RETURN ON ASSETS (ROA) DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN

2021 ◽  
Vol 1 (1) ◽  
pp. 349-359
Author(s):  
Aini Fitriani ◽  
Ade Fauji ◽  
Aria Cendana Kusuma
Keyword(s):  
Dividend Policy ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Return On Assets ◽  
Purposive Sampling ◽  
Company Value

This study aims to examine the effect of Return On Assets (ROA) and Dividend Policy on Company Value in financial companies in the banking sub-sector listed on the Indonesia Stock Exchange for the 2016-2020 period.  This study used a sample of 11 companies.  The sampling technique used is purposive sampling.  The results showed that, partially, Return On Assets (ROA) had an effect on company value, and Dividend Policy had no effect on Company Value.  However, simultaneously, Return On Assets (ROA) and Dividend Policy have an effect on Company Value

scholarly journals EFEK MODERASI PROFITABILITAS DAN LEVERAGE DALAM PENGARUH KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Vol 8 (4) ◽  
Author(s):  
Fakhri Ryan Cahyanto Putra ◽  
Budi Santoso ◽  
Ni Ketut Surasni
Keyword(s):  
Firm Value ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Manufacturing Sector ◽  
Sampling Technique ◽  
Purposive Sampling ◽  
Company Value ◽  
Inferential Statistic ◽  
Analysis Technique ◽  
Observation Period

This study aims to analyze the effect of dividend policy (DPR) on company value (PBV) with profitability (ROE) and leverage (DER) as moderation variable at manufacturing company listed in Indonesia Stock Exchange (IDX). Sampling technique is purposive sampling so the number of sample obtained are 16 companies, with year observation period are 2013-2016. Analysis technique used in this research is inferential statistic (regression linear) using Gretl, with 5 percent of level significant. It also performed descriptive statistic that include mean, median, minimum, maximum, and std. deviation. The results of this study indicate that dividend policy has a positive and significant effect on company value. Profitability is not able to moderate the influence of dividend policy on firm value and leverage can strengthen the influence of dividend policy on the value of companies in the manufacturing sector listed on the Indonesia Stock Exchange in 2013-2016.Keywords: Dividend Policy; Company Value; Profitability and Leverage 

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