scholarly journals PENGARUH KEPUTUSAN INVESTASI DAN KEPUTUSAN PENDANAAN TERHADAP PROFITABILITAS DAN NILAI PERUSAHAAN PADA LQ-45

2021 ◽  
Vol 10 (4) ◽  
pp. 247-258
Author(s):  
Nike Ardila ◽  
Nur Aida Arifah Tara ◽  
Burhanudin Burhanudin

This study aims to examine the effect of investment and funding decisions on firm value with profitability as a mediating variable in companies included in the LQ45 index for the 2015-2019 period. The results on the t test show that the positive investment decision is not significant to profitability. The funding decision is negative and not significant to profitability. Investment decisions are positive and significant to firm value while negative funding decisions are not significant to firm value. Profitability is positive and significant to firm value. The results of the mediation test show that profitability is not able to mediate the effect of investment decisions and funding decisions on firm value.Keywords:Keputusan Investasi, Keputusan Pendanaan, Profitabilitas, Nilai Perusahaan

2019 ◽  
Vol 3 (2) ◽  
pp. 107-132
Author(s):  
Rizky Eko Harry Saputro ◽  
Diyan Lestari

This study aims to determine the effect of financial literacy and risk perception on student investment decisions in Jakarta. This study used a quantitative approach through questionnaires with as many as 120 respondents taken as sample which is obtained by using non-probability sampling technique and purposive sampling method. The research data is processed with SPSS, where the hypothesis is analyzed using t-test and multiple linear regression analysis. The results of this study indicate that financial literacy variable have a significant effect on investment decision, based on the t-test result which shows that t-count is higher in comparison to ttable (8,433>1,98045). Similarly, the risk perception variable have a significant effect on investment decision, which is shown by the higher tcount compared to t-table (2,319>1,98045).


2019 ◽  
Vol 8 (2) ◽  
pp. 103
Author(s):  
Hadi Santoso

Managers who are responsible for the management of companies are faced with two important decisions - investment and funding. The right investment decisions and choice of funding sources are important because they affect the company's financial performance. The selection of the types of assets to be invested and the right types of financing sources result in optimal returns for the company. It reflects good company performance and future prospects. In addition, optimal return is a good sign for investors. Companies that perform well experience increase in the value of their firm. This study examined the effect of investment decisions and the selection of appropriate sources of funds on the performance of the company and the consequent impact on the firm value. The study was conducted in two parts. The first part examined the effect of investment decisions on long-term assets with long-term funding on the rate of return and firm value. The second part examined the effect of investment decisions on the company's short-term assets and funding for financial performance and firm value. The case study used in this research is a consumer goods sub-sector company listed on the Indonesia Stock Exchange in the period 2010 to 2017. Path analysis is the data analysis tools that was used. The results of data analysis showed that the asset structure has an effect on financial performance and firm value. The capital structure affects the financial performance but does not affect the firm value of the company. Financial performance was measured by ROI.


Author(s):  
Emmanuel BEYINA

The criteria of the choice of investment elaborated by theoricians are based on rationality of deciders who after some work often consider two types of aids to investment decision: delay of getting back invested capital and net actualized value. Whereas other forms of aid to funding decision exist. We are proposing in the framework of this article, a new model of aid to funding decision corresponding to the new informal funding. We think that risk capital in the framework of informal funding (Ndjangi) can bring forth long-term funding as strategy, and solutions to questions of rationality of the heads of Small and Medium size Enterprise (SMEs) that prefers the delay of getting back invested capital, solutions to problems of decision of choice, and at last solutions to the quality of profitability of investments.


2019 ◽  
Author(s):  
Nova Begawati

This study aims to influence the investment of gold on investment decisions on the employees of Bank Mandiri branch of Padang, To determine the effect of stock investment on investment decisions on employees of Bank Mandiri branch Padang, To determine the effect of gold and stock investment on investment decisions on employees of Bank Mandiri branch Padang and For knowing which investment decisions are most preferred by employees of Bank Mandiri branch Padang. Data collection methods used in this research is by using research lapanga and research library. Methods of data analysis in this study using multiple regression. The results of this study indicate that: 1) The test results t t Investment Gold Investment Decision obtained t value of 2.152 is greater than t table of 2.002 and the value of sig of 0.000 smaller than 0.05 so that Gold Investment variables significantly influence the Investment Decision ,2) The result of t test of Investment Tests on Investment Decision found t value equal to 13,498 bigger than t table equal to 2,002 and value of sig equal to 0,001 less than 0,05 so variable of Investment of Saham has significant effect to Investment Decision 3) Result of F test test Gold Investment and Stock Investment to Investment Decision found the value of F arithmetic equal to 123,233 bigger than F table equal to 4,00 and sig value equal to 0.000 less than 0,05 so that variable of Gold Investment and Investment of Stock have significant effect to Investment Decision 4) Based on the answers given by employees quizoner of PT. Bank Mandiri branch of Padang is known type of investment is the most other selected by 25 respondents, gold by 20 respondents and shares of 15 respondents. (YG)


2014 ◽  
Vol 10 (1) ◽  
pp. 47
Author(s):  
Astuti Yuli Setyani ◽  
Ambar Kusuma Astuti

The purpose of this study was toexamine the effect of investment decisions, financing decisions and dividend policy on firm value. The sample in this study is a manufacturing company established on criteria. Data were obtained from the Indonesian Capital Market Directory (ICMB) and the manufacturing company's financial statement since the period 2008-2011. Based on purposive sampling method, samples obtained by 158 observations. Regression analysis done based on the results of the data analysis. The hypothesis in this study were tested using multiple regression analysis. This study concludes some of the following: (1) variable dividend policy was not shown to affect the value of the company, (2) variable funding decisions variable shown to affect tthe value of the company,(3) investment decision variables was not shown to affect tthe value of the company. Keywords: investment decisions, financingdecisions, dividend policy, the value ofthe company


2019 ◽  
Vol 9 (3) ◽  
pp. 387
Author(s):  
Indah Yuliana ◽  
Kholilah Kholilah

The purposes of this research are to determine the effect of executive board gender diversity on firm value. Gender diversity shows that companies do not discriminate while evaluating employee performance. This diversity affects the fair competition conducted by employees to show the best performance so they can occupy the highest positions in the company. Gender diversity has the impact of a difference in the level of optimism, confidence, and risk preferences. The feminine nature of women influences the quality of investment decision making, which has an impact on increasing company value. The signalling theory is used to describe the stakeholders perceived on investment decision making by female CEOs. Research using PLS in LQ45 registered companies in Indonesian Stock Exchange for the years 2014-2017. The results showed that investment decisions affect the value of the firm. Besides, the composition of the female CEO can moderate the relationship between investment decisions and firm value. The results of the research have implications for the support of increasing gender diversity in companies because the patriarchal culture adopted in Indonesia causes male domination in decision making both in the family, community or the working environment.


2018 ◽  
Vol 6 (1) ◽  
pp. 1
Author(s):  
Aris Sasurya ◽  
Nadia Asandimitra

The main objective of this research is to examine theeffect of manajerial ownership, investment decision, funding decision, and dividend policy on firm value that listed on Indonesia Stock Exchange (IDX). In this study, firm value measured by Price Book Value (PBV). Samples used in this study consisted of 11 companies. This study used a purposive sampling method is by determining the number of samples taken to certain criteria. The data analysis technique used in this study is multiple linear regression analysis which previously has been tested with the classical assumption test. The results showed that simultaneously managerial ownership, investment decisions, funding decisions, and dividend significantly influence on firm value in the companies listed in Indonesia Stock Exchange. Partially managerial ownership and funding decisions does not affect on firm value in the companies listed in Indonesia Stock Exchange, while investment decisions and dividend policy positive effect on firm value in the Companies listed in Indonesia Stock Exchange


2013 ◽  
Vol 3 (1) ◽  
pp. 1
Author(s):  
Dian Indriyani ◽  
Tina Sulistiyani

This research was aimed to examine the influence of profitability level, investment decision, funding decision and dividend policy towards company value in companies affiliated in Jakarta Islamic Index (JII) listed in Indonesian Stock Exchange. Population and also research samples was companies that their stocks included in Jakarta Islamic Index (JII) calculation listed in Indonesian Stock Exchange of 2010-2012 periode that had a complete financial statement stated in Rupiah and paying dividend routinely during the research period numbered 6 companies. Dependent variables used i.e. company value (DPR) while its independent variable was profitability level (ROE), investment decision (PER), funding decision (DER) and dividend policy (DPR). This research used a panel data regression test device and classical assumption test. The independent variable influence testing towards dependent variable was performed partially through a statistical t-test. Based on the research result partially using a statistical t-test showed that profitability level, investment decision and dividend policy significantly influenced company value.


2020 ◽  
Vol 5 (1) ◽  
pp. 39-51
Author(s):  
Fitri Amaliyah ◽  
Eliada Herwiyanti

The purpose of the study was to determine whether there are effects of investment decision, company size, funding decision, and on deviden policy toward firm value. This type of research is correlational research, with quantitative research. This study uses secondary data taken from the IDX website data. The sample used in this study proved 40 companies consisting of the mining sector registered on the Stock Exchange during the period from 2015-2018. The sampling technique selected with certain criteria by using purposive sampling method. While the data analysis method used was the descriptive analysis and multiple regression analysis with an analysis tool using SPSS 22. The result of this study show that investment decision, company size, funding decision, and dividen policy are not significant to the value of the company.Keywords: Invesment Decision; Company Size; Funding Decision; Dividend Policy; Firm ValueTujuan dari penelitian ini adalah untuk mengetahui pengaruh keputusan investasi, ukuran perusahaan, keputusan pendanaan dan kebijakan dividen terhadap nilai perusahaan. Jenis penelitian ini adalah penelitian korelasi, dengan pendekatan kuantitatif. Penelitian ini menggunakan data sekunder yang diambil dari website data BEI. Sampel yang digunakan dalam penelitian ini berjumlah 40 perusahaan yang terdiri dari sektor pertambangan yang terdaftar di Bursa Efek Indonesia periode 2015-2018. Teknik pengambilan sampel dilakukan dengan menggunakan metode purposive sampling. Metode analisis yang digunakan dalam penelitian ini adalah analisis deskriptif dan analisis regresi linear berganda dengan alat analisis menggunakan SPSS 22. Hasil penelitian ini menunjukan bahwa keputusan investasi, ukuran perusahaan, keputusan pendanaan dan kebijakan dividen tidak berpengaruh signifikan terhadap nilai perusahaan.Kata Kunci: Keputusan Investasi; Ukuran Perusahaan; Keputusan Pendanaan; Kebijakan Dividen; Nilai Perusahaan.


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