THE MEDIATION INFLUENCE OF VALUE RELEVANCE OF ACCOUNTING INFORMATION, INVESTMENT DECISION AND DIVIDEND POLICY ON THE RELATIONSHIP BETWEEN PROFITABILITY AND THE COMPANY’S VALUE

This study aimed to analyze the influence of profitability on the company's value, and determine whether this influence intervenes the value relevance of accounting information, investment opportunities and dividend policy, assuming that investors act rationally so that the fundamental aspects of the financial statements become major factor in the shares investment decision. The contribution of this research is to provide input to the management about the importance of maintaining and improving performance in order to give satisfaction to investors and provide expectations for the return on investment which can ultimately increase the company’s value. This study design is causality with the unit of analysis is the samples taken by purposive sampling technique on a population of listed companies on the IDX Kompas 100 index from 2011 - 2014. The analysis technique used is Path Analysis. The results from this study are: 1. Profitability has significant and positive influence on the company’s value; 2. Profitability has no significant and positive influence on the value relevance of accounting information; 3. Profitability has negative and significant influence on investment opportunities; 4. Profitability has significant and positive influence on the dividend policy; 5. The value relevance of accounting information has significant and negative influence on the company’s value; 6. The investment opportunities have no significant and positive influence on company’s value; 7. Dividend policy has no significant and positive influence on company’s value; 8. The value relevance of accounting information, investment opportunities and dividend policy have not been able to mediate the influence of profitability on company’s value.

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PENGARUH JOB INVOLVEMENT DAN KEADILAN ORGANISASIONAL TERHADAP KOMITMEN ORGANISASIONAL PADA KARYAWAN PACTO - BALI

Matrik Jurnal Manajemen Strategi Bisnis dan Kewirausahaan ◽

10.24843/matrik:jmbk.2016.v10.i02.p04 ◽

2016 ◽

pp. 128

Author(s):

Diyah Arum Puspita Sari ◽

Agoes Ganesha Rahyuda

Keyword(s):

Organizational Commitment ◽

Organizational Justice ◽

Affective Commitment ◽

Sampling Technique ◽

Job Involvement ◽

Employee Motivation ◽

Positive Influence ◽

Continuance Commitment ◽

Analysis Technique ◽

The Relationship

This study aims to find the effect of job involvement and organizational justice on three types of organizationalcommitment, which are affective, continuance and normative. This research was conducted in Pacto-Bali, using 70 employees as its respondents. Sampling technique used in this study was saturated sampling technique.Data was collected through interviews and questionnaires. The data analysis technique was multiple linear regression, which was processed using SPSS software.The findings indicate that job involvement has positive influence on each types of organizational commitment, that was affective commitment, continuance commitment and normative commitment. The same finding was found in the relationship between organizational justice and organizational commitment, where the more justice the employees received the more committed the employees to the organization. To improve the organizational commitment of employees, Pacto-Bali should increase employee motivation by inviting employees to involve in the decision making process, and also should improve the networking between the owners and employees in order to help organization to reach its goals

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THE EFFECT OF MANAGEMENT MORALITY ON ACCOUNTING FRAUD WITH INTERNAL CONTROL AS A MODERATING VARIABLE (STUDY IN PEMALANG REGENCY)

Riset Akuntansi dan Keuangan Indonesia ◽

10.23917/reaksi.v4i2.8552 ◽

2019 ◽

Vol 4 (2) ◽

pp. 177-185

Author(s):

Pratomo Cahyo Kurniawan ◽

Fika Azmi

Keyword(s):

Internal Control ◽

Sampling Technique ◽

Positive Influence ◽

Test Results ◽

Accounting Fraud ◽

District Office ◽

Analysis Technique ◽

Negative Effect ◽

The Relationship ◽

Interaction Test

This study aims to examine the effect of management morality on the tendency of accounting fraud with internal control as a moderating variable. The research was conducted at the District Office of Pemalang. A common problem in this research is the occurrence of corruption cases that occurred with the amount of loss and the large number of personnel involved in the corruption case.The sampling technique used is total sampling by using all members of the population as a sample of 70 samples. Data collection techniques using questionnaires distributed to the finance and accounting department at the District Office Pemalang. The analysis technique used is multiple linear regression analysis.The results of the analysis show that management morality has a negative effect on the tendency of accounting fraud. Interaction test results show that there is a significant positive influence of internal control in the relationship between management morality and the tendency of accounting fraud, so that internal control is a moderating variable.

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PENGARUH STRUKTUR KEPEMILIKAN, STRUKTUR MODAL, PROFITABILITAS TERHADAP NILAI PERUSAHAAN DENGAN KEBIJAKAN DIVIDEN SEBAGAI MODERASI

JURNAL AKUNTANSI BERKELANJUTAN INDONESIA ◽

10.32493/jabi.v2i2.y2019.p214-240 ◽

2019 ◽

Vol 2 (2) ◽

pp. 214

Author(s):

Wiwit Setyawati

Keyword(s):

Capital Structure ◽

Ownership Structure ◽

Firm Value ◽

Dividend Policy ◽

Value Added ◽

Sampling Technique ◽

Negative Influence ◽

Positive Influence ◽

Government Ownership ◽

Significant Positive Influence

The research was purposed to find out the effect of Ownership Structure, Capital Structure, Profitability to Firm Value and dividend policy as moderating variable. This research uses secondary data of mining companies which are listed in Indonesian Stock Exchange during the years of 2011 - 2015. The sampling technique used purposive sampling. The results showed that the ownership structure has no influence to firm value, the capital structure has a significant negative influence to firm value, and profitability has a significant positive influence to firm value. Dividend policy as a moderating variable weakens influence of institutional ownership, Government ownership and capital structure to firm value. While the influence between profitability and firm value, dividend policy can strengthen its influence. Only profitability have a significant positive influence to firm value. This means high profitability can provide value added to the firm value as reflected by the increasing value of Tobins Q.

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Pengaruh Profitabilitas, Leverage, dan Kepemilikan Manajerial terhadap Kebijakan Dividen dengan Likuiditas sebagai Variabel Moderasi

Jurnal Ilmu Manajemen ◽

10.26740/jim.v9n3.p1214-1226 ◽

2021 ◽

Vol 9 (3) ◽

pp. 1214-1226

Author(s):

Gilang Indra Cahyono ◽

Nadia Asandimitra

Keyword(s):

Regression Analysis ◽

Dividend Policy ◽

Stock Exchange ◽

Sampling Technique ◽

Building Construction ◽

Future Research ◽

Managerial Ownership ◽

Analysis Technique ◽

The Relationship ◽

Intervening Variables

The purpose of this study is to determine whether liquidity can be a moderating variable between the effect of profitability, leverage, and managerial ownership on dividend policy. The sample of this study consisted of 42 companies confirmed by the Indonesia Stock Exchange in property, real estate and building construction. The sampling technique used a census sample. The analysis technique uses Multiple Regression Analysis (MRA). The findings obtained are that there is no influence between profitability on dividend policy than dividend policy is influenced by leverage and managerial ownership. The relationship between profitability and managerial ownership on dividend policy fails to be moderated by liquidity. While liquidity Intervening variables strengthen the effect of profitability on dividend policy can be added to future research to account for variations in research results.

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PENGARUH PROFITABILITY DAN LEVERAGE TERHADAP CASH HOLDING DENGAN TAX PLANNING SEBAGAI VARIABEL INTERVENING

Jurnal Magister Akuntansi Trisakti ◽

10.25105/jmat.v7i2.7414 ◽

2020 ◽

Vol 7 (2) ◽

pp. 101

Author(s):

Mendy Angelia

Keyword(s):

Path Analysis ◽

Stock Exchange ◽

Sampling Technique ◽

Negative Influence ◽

Positive Influence ◽

Tax Planning ◽

Statistic Analysis ◽

Cash Holding ◽

Analysis Method ◽

Analysis Technique

The purpose of this research is to obtain empirical evidence about effect of profitability and leverage to cash holding with tax planning as variable intervening. Population of this research is manufactured companies which listed consistently in Indonesia Stock Exchange during year 2014 until 2017. The sampling technique used was purposive sampling and number of sample used by 162 data. The analysis technique used is multiple regression as the statistic analysis method and path analysis to test the variable intervening. Result of analysis indicate that leverage have negative influence on cash holding while profitability and tax planning have positive influence on cash holding. Leverage have negative influence on cash holding while profitability have positive influence on cash holding. The result from path analysis indicate that profitability don’t have an influence to cash holding with tax planning as variable intervening while leverage have an influence indirectly to cash holding with tax planning as variable intervening.

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ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI KEBIJAKAN DIVIDEN

Kajian Akuntansi ◽

10.29313/ka.v21i2.4094 ◽

2019 ◽

Vol 21 (2) ◽

Author(s):

Melanthon Rumapea

Keyword(s):

Data Analysis ◽

Stock Market ◽

Research Method ◽

Dividend Policy ◽

Investment Decision ◽

Sampling Technique ◽

Positive Influence ◽

Moderating Variables ◽

Debt Policy ◽

Significant Positive Influence

The objective of the research was to examine the influence of Profitability Growth and Investment Decision on Dividend Policy with Debt Policy as Moderating variables in manufacture companies listed in BEI (Indonesia Stock Market) in the period of 2012 – 2016. The research used causal research method. The population was 138 manufacture companies listed in BEI in the period of 2012-2016, and 85 of them were used as the samples, taken by using purposive sampling technique. The number of observations that is as much as 425 data analysis is by 5 years observation 85 companies. The data were analyzed by using residual test. The result of this study showed that simultaneously the variables of Profitability, Growth and Investment Decision had influence on Dividend Policy. Partially, Profitability had significant positive influence on Dividend Policy, and Investment Decision had significant positive influence on Dividend Policy. The variables of Debt Policy is moderating variables to explain influence Profitability, Growth and Invsetment Decision) on Dividend Policy.

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PENGARUH RASIO LIKUIDITAS, SOLVABILITAS, AKTIVITAS, DAN PROFITABILITAS TERHADAP INVESTMENT OPPORTUNITY SET (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia Periode 2014-2018)

Jurnal Akuntansi, Audit, dan Aset ◽

10.52062/jurnal_aaa.v3i1.43 ◽

2021 ◽

Vol 3 (1) ◽

pp. 8-18

Author(s):

Angeliano Patrio Patabang ◽

Otniel Safkaur ◽

Hastutie Noor Andriati

Keyword(s):

Sampling Technique ◽

Financial Statements ◽

Investment Opportunity ◽

Financial Ratio ◽

Analysis Technique ◽

Investment Opportunity Set ◽

Investment Opportunities ◽

The Relationship ◽

A Company

he growth of the company is an expectation desired by all parties, either by internal parties (boardof commissioners, board of directors, staff, etc.) or external parties (investors or creditors). One ofthe parameters used to determine future investments in the Investment Opportunity Set. InvestmentOpportunity Set describes the breadth of investment opportunities for a company but is highlydependent on the company's future spending options. This study was conducted to provide empiricalevidence whether the financial ratio of liquidity, solvency, activity, and profitability affectsthe Investment Opportunity Set.The population of this study is a manufacturing company listed on the Indonesia Stock Exchangewith observations from 2014 to 2018. Determination of samples using purposive samplingmethod, which is a sampling technique with certain considerations that are considered to providebetter data. The data used is sourced from the company's financial statements which can beaccessed through www.IDX.co.id and www.idnfinancials.com. The number of samples used in thisstudy was as many as 120 samples. The analysis technique used is multiple regression to obtain acomplete picture of the relationship between variables. This study used an α value of 5%. Based onthe results, the ratio of liquidity, solvency, and activity have influenced the InvestmentOpportunity Set with significance values of 0.009, 0.018, and 0.002, respectively. While theprofitability ratio does not affect the Investment Opportunity Set due to the value of significanceowned by 0.198.

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Effect of Profitability and Leverage on Dividend Policy with Investment Opportunity Set as a Moderating Variables in Manufacturing Companies Listed on BEI Period 2014–2018

International Journal of Multicultural and Multireligious Understanding ◽

10.18415/ijmmu.v7i11.2162 ◽

2020 ◽

Vol 7 (11) ◽

pp. 191

Author(s):

I Wayan Agus Herawan Karang ◽

Hermanto Hermanto ◽

Embun Suryani

Keyword(s):

Dividend Policy ◽

Sampling Technique ◽

Manufacturing Companies ◽

Investment Opportunity ◽

Moderating Variables ◽

Analysis Technique ◽

Investment Opportunity Set ◽

Statistical Analysis Technique ◽

The Relationship ◽

Positive Effect

This study aims to analyze the effect of profitability and leverage on dividend policy with the investment opportunity set (IOS) as a moderating variable in manufacturing companies listed on the Bursa Efek Indonesia (BEI) from 2014 to 2018. The population in this study amounted to 158 manufacturing companies, 20 manufacturing companies were obtained by using purposive sampling technique, this type of research is associative causal. The technique used in this research is descriptive statistical analysis technique using the SPSS 24 program. The results of this study indicate that profitability has a significant positive effect on dividend policy. Leverage has no effect on dividend policy. The investment opportunity set (IOS) is unable to moderate the relationship between profitability and dividend policy. The investment opportunity set (IOS) is also unable to moderate the relationship between leverage and dividend policy

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The Role of Family Involvement in Moderating The Relationship Between Company Characteristics and Dividend Policy in Indonesia

Matrik Jurnal Manajemen Strategi Bisnis dan Kewirausahaan ◽

10.24843/matrik:jmbk.2021.v15.i01.p07 ◽

2021 ◽

pp. 75

Author(s):

Muhammad Madyan ◽

Nugroho Sasikirono ◽

Wida Kusmayana ◽

Harlina Meidiaswati

Keyword(s):

Family Involvement ◽

Dividend Policy ◽

Negative Relationship ◽

Positive Influence ◽

Financial Leverage ◽

Dividend Payout ◽

Investment Opportunities ◽

The Relationship ◽

Positive Effect

This study seeks out the relationship between the characteristics of companies and dividend policy, as well as the role of family involvement as a moderator of such relationships. This study utilized a purposive sampling method. We conducted the analysis by multiple linear regression and moderated regression analysis. The number of samples in this study is 192 observations in non-financial companies listed on the LQ45 index. The Result shows that profitability, size, and investment opportunities have a positive effect on dividend payout ratio. Meanwhile, financial leverage has a negative relationship with the dividend payout ratio. Family involvement weakens the positive influence of profitability on dividend policy but strengthens the positive effect of investment opportunities. Family involvement does not moderate the effect of size, and financial leverage on dividend policy.

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Pengaruh NPF, NOM dan FDR Terhadap Pembiayaan Murabahah dengan DPK Sebagai Variabel Moderating

MALIA: Journal of Islamic Banking and Finance ◽

10.21043/malia.v3i1.5665 ◽

2020 ◽

Vol 3 (1) ◽

pp. 17

Author(s):

Rizki Farianti ◽

Bambang Agus Pramuka ◽

Atiek Sri Purwati

Keyword(s):

Regression Analysis ◽

Sampling Technique ◽

Negative Influence ◽

Positive Influence ◽

Third Party ◽

Islamic Banks ◽

Analysis Technique ◽

Operating Margin ◽

Positive Effect

This study aims to determine the Non Performing Financing (NPF), Net Operating Margin (NOM) and Financing to Deposit Ratio (FDR) on Murabahah Financing with Third Party Funds (TPF) as the Moderating Variable. The population in this study are Islamic Banks that publishes their financial statements to Otoritas Jasa Keuangan (OJK) and each website of Islamic Banks for the period 2013 to 2017, with a sampling technique that is purposive sampling, the samples taken were 8 Islamic Banks in Indonesia obtained were analyzed by moderating regression analysis technique. The results of this study indicate that: (1) Non Performing Financing (NPF) does not negatively affect murabahah financing at Islamic Banks; (2) Net Operating Margin (NOM) has a positive effect on murabahah financing at Islamic Banks; (3) Financing to Deposit Ratio (FDR) has a positive effect on murabahah financing at Islamic Banks; (4) Third Party Funds (DPK) do not moderate the negative influence of NPF on murabahah financing at Islamic Banks; (5) Third Party Funds (DPK) strengthen the positive influence of NOM on murabahah financing at Islamic Banks; (6) Third Party Funds (DPK) strengthen the positive influence of FDR on murabahah financing at Islamic Banks. The implication of this research is the result of this study can be used as an effort to increase murabahah financing. To increase the amount of murabahah financing, managerial in Islamic Banks in Indonesia need to prioritize policies related to Net Operating Margin (NOM), Financing to Deposit Ratio (FDR) and Third Party Funds (DPK).

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