PENGARUH KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN DAN KEBIJAKAN DEVIDEN TERHADAP NILAI PERUSAHAAN
DOI:
https://doi.org/10.52062/jakd.v14i1.1450Abstract
The value of the company is very important because the high value of the company will be followed by the high prosperity of shareholders. The higher the stock price, the higher the value of the company, in order to achieve company value, investors generally give their management to professionals. Optimizing company value can be achieved through the implementation of financial management functions, where one financial decision taken will influence other financial decisions and have an impact on the value of the company. This study aims to determine the effect of investment decisions, funding decision taken will influence other financial decision and have an impact on the value of the company. This study aims to determine the effect of investment decisions, funding decisions and dividend policies on firm value. The population in this study are all companies listed on the Indonesia Stock Exchange for the period 2014-2016 while sample selection using purposive sampling technique obtained 89 companies that will be used as samples in this study. The hypothesis testing uses multiple regression analysis. The results of the study partially show that investment decision affect the value of the company, funding decisions do not affect the value of the company and dividend policy does not affect the value of the company. While the simultaneous research resultshows that investment decisions, funding decisions and dividend policies have a significant effect on firm value
Downloads
References
Afzal Arie, R. A. (2012). Pengaruh keputusan investasi, keputusan pendanaan, dan kebijakan deviden
terhadap nilai perusahaan, 1(1998), 1–9.
Andriani, L., Kardinal, & Wijaya, T. (2014). Pengaruh keputusan investasi, keputusan pendanaan,
dan kebijakan dividen terhadap nilai perusahaan, (3).
Brigham, E. F., dan J. F. H. . (2001). Manajemen Keuangan. Edisi Bahasa Indonesia.
Jakarta:Erlangga.
Endarmawan, Y. (2014). Pengaruh Keputusan Investasi, Keputusan Pendanaan dan Kebijakan
Deviden Terhadap Nilai Perusahaan. Artikel Ilmiah, Universitas Jember.
Fama, E. F. (1978). The Effect of a Firm’s Investment and Financing Decision on the Welfare of its
Security Holders. American Economic, Review 68: 272-
Hasnawati, S. (2005). DAMPAK SET PELUANG INVESTASI TERHADAP, 117–126.
Ningsih, P. P., & Indarti, I. (2009). Dan Kebijakan Dividen Terhadap Nilai Perusahaan ( Studi Kasus
Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode 2007-2009 ) The
Influence of Investment Decision , Financing Decision , And Dividend Policy on Firm Value (
Case Study. Journal of Financial and Banking, 1(1), 1–23.
Purnamasari, L., Kurniawati, S. L., & Silvi, M. (2009). Interdependensi Antara Keputusan
Investasi,Keputusan Pendanaan dan Keputusan Dividen. Jurnal Keuangan Dan Perbankan,
(1), 106–119.
Setiawan, D., & Hartono, J. (2003). pengujian efesiensi pasar bentuk setengah kuat secara
keputusan,analisis keputusan dividen meningkat. Riset Akutansi Indonesia 6, 131–144.
Sujoko, & soebiantoro ugy. (2007). pengaruh struktur kepemilikan leverange,faktor ekstern terhadap
nilai perusahaan (studi empiris perusahaan manufaktur dan non maufaktur di bursa efek jakarta).
Manajemen Dan Kewirausahaan, 9 no 1 mar, 41–48.
Wijaya, L. R. P. dan B. A. W. (2010). Pengaruh Keputusan Investasi, Keputusan Pendanaan dan
Kebijakan Deviden terhadap Nilai Perusahaan. Simposium Nasional Akuntansi XIII.
Purwokerto.
Yunitasari, D. (2014). Pengaruh Keputusan Investasi, Keputusan Pendanaan, Kebijakan Dividen, dan
Tingkat Suku Bunga terhadap Nilai Perusahaan pada Sektor Property dan Real Estate yang
Terdaftar di Bursa Efek Indonesia. Skripsi. Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA).
Surabaya
.png)
.png)
.png)
.png)
.png)
.jpg)
