scholarly journals ANALISIS PERTUMBUHAN PERUSAHAAN, STRUKTUR MODAL DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN SEKTOR PROPERTI, REAL ESTATE DAN KONSTRUKSI BANGUNAN

2020 ◽  
Vol 7 (2) ◽  
pp. 62-70
Author(s):  
Amna Mawardi

This study aims to analyze the effect of company growth, capital structure, and dividend policy on firm value in property, real estate, and building construction companies listed on the Indonesia Stock Exchange for the period 2013-2017. The data used are secondary data and the method used is panel data regression analysis with the help of the Eviews 9 program to obtain a comprehensive picture of the relationship between one variable with another variable. The sample in this study consisted of 19 companies that were consistently listed on the IDX for 5 years in the 2013-2017 period with purposive sampling as a sampling method. The results of this study are that the variable capital structure and dividend policy have a significant influence on the firm's value partially at a level of significance of less than 5%. While the company's growth variable does not have a significant effect on the company's value partially. The results of the simultaneous regression analysis found that company growth, capital structure, and dividend policy together affect the value of the company. The predictive ability of the three variables on firm value is 72.1% while the remaining 27.9% is influenced by other factors

2020 ◽  
Vol 9 (3) ◽  
pp. 948
Author(s):  
I Putu Adi Sumardika ◽  
Luh Gede Sri Artini

Capital structure is an important thing to consider by companies in order to avoid financial difficulties and the potential of bankruptcy. This study aims to determine the effect of profitability, asset structure, and company growth towards capital structure. This research was conducted on property and real estate companies listed in Indonesia Stock Exchange during 2014 - 2018. The number of samples used in this study are 27 companies with an observation period of 5 years. The analysis technique used is multiple linear regression analysis. The results showed that profitability has no significant effect on capital structure, but asset structure and company growth have positive and significant effect on capital structure. Keywords: capital structure, profitability, asset structure, company growth.


2019 ◽  
Vol 8 (9) ◽  
pp. 5632
Author(s):  
Putu Diah Melinda Yanti ◽  
Nyoman Abundanti

This study was conducted to examine the effect of profitability, leverage and dividend policy on the value of companies in property, real estate and building construction companies on the Indonesia Stock Exchange which distributed dividends in a period between 2014 and 2017. Thirteen samples were examined. (13) companies selected through purposive sampling method that determines certain criteria in determining samples to be used in the observation period for four years. The data collection method used in this study is a nonparticipant observation method, namely by observing the company's financial statements. Data analysis was done by multiple linear regression analysis techniques. Based on the results of the analysis it was found that profitability and leverage had a significant positive effect on firm value, while dividend policy had a negative and insignificant effect. This indicates that dividend policy is not one of the main factors affecting the value of the company. Keywords: company value, dividend, profitability, leverage


2020 ◽  
Vol 4 (2) ◽  
pp. 123
Author(s):  
Maria Karolina Kewa ◽  
Gendro Wiyono

This study aims to determine whether there is an influence of growth opportunities, capital structure and dividend policy on investment decisions in manufacturing companies in the consumer goods industry sector which are listed on the Indonesia Stock Exchange (IDX) during the 2015-2018 period. The factors tested are growth opportunities, capital structure and dividend policy and investment decisions. The data used in this study are secondary data and this study uses 18 samples of manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2015-2018 period. This study uses the Social Sciences Statistics Package (SPSS) version 17.0 to determine the results of the hypothesis. Tests using SPSS get results that show that: 1) growth opportunities have a positive and significant influence on investment decisions; 2) capital structure has a positive and significant effect on investment decisions; 3) dividend policy has a negative and significant effect on investment decisions; 4) growth opportunity variables (company growth opportunities, capital structure, dividend policy simultaneously influence investment decisions.Kata Kunci: Incentives, Employee Discipline


2021 ◽  
Vol 5 (1) ◽  
Author(s):  
Oktarias Fatmawati ◽  
Gendro Wiyono ◽  
Agus Dwi Cahya

The purpose of this study was to determine the implications of the variable capital structure, managerial ownership, and dividend policy on firm value in the property and real estate sub sector listed on the Indonesia Stock Exchange (IDX) for the 2014-2019 period. The sample in this research is property and real estate companies listed on the Indonesia Stock Exchange (IDX) for the 2014-2019 period with a total of 6 companies obtained using the purposive sampling method. The data analysis technique uses multiple linear regression analysis which is supported by classical assumption tests such as normality test, multicollinearity test, heteroscedasticity test, and autocorrelation test. The results of this study indicate that capital structure has a positive and significant effect on firm value, managerial ownership has a positive and significant effect on firm value, while dividend policy has no significant effect on firm value. Simultaneously, capital structure, managerial ownership, and dividend policy have a positive and significant effect on firm value. Keywords: Capital Structure, Managerial Ownership, Dividend Policy dan Firm Value


2020 ◽  
Vol 1 (1) ◽  
pp. 1-9
Author(s):  
Reza Mulia Sari ◽  
Dina Patrisia

This paper aims to examine wheter there is significant institusional ownership, capital structure, dividen policy and company’s growth to firm value. This paper also aims to examine wheter variabel of company’s growth could be moderating this study. Sample of this study uses purposive sampling method in order to obtain a final sample accounting 36 companies with observation period from 2012-2017. Type of data in this study secondary data and uses in multiple linier regression as an analytical tool. The result of this study indicate that institusional ownership has no effect on firm value. Capital structure, dividend policy and company growth have a positive effect on firm value. Corporate growth cannot moderate the reationship between institusional ownership and firm value. Corporate growth weakens the relationship between capital structure and firm value. Corporate growth cannot moderate the relationship between dividend policy and firm value.


2017 ◽  
Vol 9 (1) ◽  
pp. 5
Author(s):  
Redi Khoirianto

The main objective of the study is to examine the impact ofprofitability, dividend policy, and capital structure on firms value inIndonesia Stock Exchange (IDX). Population in this study are publiccompany listed in Indonesia Stock Exchange during 2009-2012. The datawere then analyzed by the multiple regression analysis, using the SPSSProgram version 16.0. The results of this study show that (1) profitabilityhave positive and significant influence on capital structure, (2) profitabilityhave negative and significant influence on capital structure, (3) profitabilityhave positive and significant influence on firm value, (4) dividend policyhave not significant influence on firm value, (5) capital structure havenegative and significant influence on firm value, (6) profitability havesignificant influence on firm value weather capital structure, (7) devidentpolicy have significant influence on firm value weather capital structure, (8)by simultan profitability, dividend policy, and capital structure havesignificant influence on firm value


SIMAK ◽  
2018 ◽  
Vol 16 (02) ◽  
pp. 101-118
Author(s):  
Anthony Holly

The aim of the study is to assess determinant of firm value as profitability, dividend policy, firm size and liquidity for manufacturing companies listed in Indonesia Stock Exchange in 2010-2014. This study using manufacturing companies listed in Indonesia Stock Exchange as sample. Sample selected by purposive sampling method. Sample size generated by this method is 14 companies. Data type used in this study is quantitative data. Data souce in this study is secondary data. The data were then analyzed using multiple linier regression analysis to analysis dependent variable, Firm value (TQ), and independent variable such as profitability, dividend policy, firm size and liquidity.The research results revealed that profitability, dividend policy and liquidity have positive and significant effect to firm value. However other firm size has positive but no significant effect to firm value.


2020 ◽  
Vol 4 (6) ◽  
pp. 246
Author(s):  
Andy Andy ◽  
Suwinto Johan

The main issues examined in this study are the effect of profitability, capital structure, and firm size on firm value. The type of research used is descriptive research. The population in this study are all property and real estate companies listed on the Indonesia Stock Exchange, amounting to 55 companies. The sampling technique was determined by purposive sampling so that 24 companies could be sampled. The data used in this study are secondary data. The dependent variable is firm value and the independent variable is profitability of capital structure, and firm size. The analytical model used is multiple linear regression analysis.From the results of hypothesis testing it is found that: First, profitability has a significant effect on firm value with a sig value of 0,000 <α = 0.05. Second, capital structure affects the value of the company with a sig value of 0.024 <α = 0.05. Third, the size of the company affects the value of the company with a sig value of 0.699> α = 0.05. Fourth, profitability, capital structure, and company size significantly influence the value of the company with sig 0,000 <α = 0.05.Based on the results of the study, researchers suggest to companies 1. In order to continue to increase profits so that profitability with increased profitability will affect the increase in firm value. 2. In order to be able to maintain its capital structure in order to be able to influence the value of the company. In addition the company must also maintain assets because with high assets will increase the value of ln total assets so that the size of the company will be high which will have a positive influence on the value of the company.


2020 ◽  
Vol 9 (1) ◽  
pp. 1-13
Author(s):  
Mislia Ambar Sari ◽  
Lela Nurlaela Wati ◽  
Bambang Rahardjo

This study aims to determine the effect of capital structure and dividend policy on firm value by moderating profitability in food beverages companies. Samples are Food Beverages Sub Sector manufacturing companies listed on the Indonesia Stock Exchange in the 2014-2018 period, which were taken using purposive sampling technique. The analysis technique used is a moderation regression analysis (MRA) using eviews 9. The results of hypothesis testing show that the capital structure variable (DER) has a positive and significant effect on firm value (PBV), dividend policy (EPS) has a positive and significant effect on firm value ( PBV), profitability (ROA) strengthens the effect of capital structure (DER) on firm value (PBV), but profitability (ROA) does not strengthen the effect of dividend policy (EPS) on firm value (PBV). These results indicate that the higher the capital structure financed by debt and the greater the dividends distributed to investors, the higher the firm value.Keywords: Capital Structure, Dividend Policy, Profitability, Firm Value


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