PRATAMA, DINMAR (2015) PENGARUH KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN, KEBIJAKAN HUTANG, KEBIJAKAN DIVIDEN, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN. Other thesis, UPN "Veteran" Yogyakarta.
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Abstract
ABSTRAK Penelitian ini bertujuan untuk menguji pengaruh keputusan investasi, keputusan pendanaan, kebijakan hutang, kebijakan dividen dan profitabilitas terhadap nilai perusahaan. Alat ukur yang digunakan untuk menguji adalah capital expenditure to book value asset (CAP/BVA), debt to total asset ratio (DAR), debt to equity ratio (DER), dividend payout ratio (DPR) dan return on equity (ROE). Price to book value (PBV) digunakan untuk menghitung nilai perusahaan. Penelitian ini menggunakan 20 perusahaan manufaktur yang sudah ditentukan melalui kriteria dan terdaftar di Bursa Efek Indonesia (BEI) selama periode 2009-2012. Pengujian hipotesis dalam penelitian ini menggunakan metode analisis regresi linier berganda untuk menguji pengaruh keputusan investasi, keputusan pendanaan, kebijakan hutang, kebijakan dividen dan profitabilitas terhadap nilai perusahaan. Hasil penelitian ini menunjukkan bahwa keputusan investasi dan profitabilitas secara parsial memiliki pengaruh terhadap nilai perusahaan, sedangkan keputusan pendanaan, kebijakan hutang dan kebijakan dividen secara parsial tidak memiliki pengaruh terhadap nilai perusahaan. Hasil pengujian secara simultan menunjukkan bahwa keputusan investasi, keputusan pendanaan, kebijakan hutang, kebijakan dividen dan profitabilitas memiliki pengaruh terhadap nilai perusahaan. Kata kunci: keputusan investasi, keputusan pendanaan, kebijakan hutang, kebijakan dividen, profitabilitas dan nilai perusahaan ABSTRACT This study aimed to examine the effect of investment decisions, financing decisions, debt policy, dividend policy and the profitability of the company's value. Measuring instruments used for testing is a capital expenditure to book value of assets (CAP / BVA), debt to total assets ratio (DAR), debt to equity ratio (DER), the dividend payout ratio (DPR) and return on equity (ROE). Price to book value (PBV) is used to calculate the value of the company. This study uses 20 manufacturing companies that have been determined by the criteria and listed on the Indonesia Stock Exchange (IDX) during the 2009-2012 period. Testing the hypothesis in this study using multiple linear regression analysis to examine the effect of investment decisions, financing decisions, debt policy, dividend policy and the profitability of the company's value. The results of this study indicate that investment decisions and profitability is partially have an influence on the value of the company, while funding decisions, debt policy and dividend policy of partial no effect on firm value. The test results showed that simultaneous investment decisions, financing decisions, debt policy, dividend policy and profitability have an influence on the value of the company. Keywords: investment decisions, financing decisions, debt policy, dividend policy, profitability and corporate value
| Item Type: | Thesis (Other) |
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| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Ratna Sufiatin |
| Date Deposited: | 26 Sep 2016 03:39 |
| Last Modified: | 26 Sep 2016 03:39 |
| URI: | http://eprints.upnyk.ac.id/id/eprint/6707 |
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