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PENGARUH KEPEMILIKAN MANAJERIAL DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN (STUDI PADA PERUSAHAAN MANUFAKTUR YANG TERCATAT DI BURSA EFEK INDONESIA

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The purpose of this research is to improve the prosperity of the stakeholders
that can be reflected by maximizing the firm value that can be influenced by the
dividend policy, managerial ownership, and profitability of the company. The
purpose of this research is to find out the influence of the managerial ownership
and profitability to the firm value by means of the dividend policy of the
manufacturing companies which are listed in Indonesia Stock Exchange (IDX).
The population is the companies that perform manufacturing activities and
they have been listed in Indonesia Stock Exchange (IDX) during the years of
2011-2013 that have been divided into 3 industrial sectors, i.e.: Basic Industry and
Chemicals, Miscellaneous Industry, and Consumer Goods Industry. Purposive
sampling is used as the sample collection technique and 27 companies that meet
the criteria have been selected as the research samples. Descriptive statistics is
employed as the statistics method and path analysis is used to test the direct
influence of managerial ownership and profitability to the firm value, and the
indirect influence to the managerial ownership and profitability to the firm value
by means of dividend policy.
The result of the research describes that dividend policy has positive
influence to the firm value; managerial ownership has negative influence to the
firm value and profitability has positive influence to the firm value. The influence
of the managerial ownership to the dividend policy cannot be proved whereas the
profitability has indirect influence to the dividend policy. The result shows that
managerial ownership has indirect influence to the firm value. The result of the
research describes that the magnitude of direct influence of the profitability to the
firm value is greater than the magnitude of indirect influence of the profitability to
the firm value by means of the dividend policy.


Keywords: Firm Value, Manufacturing Company, Dividend Policy,
Managerial Ownership, and Profitability.

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Ketersediaan

1S142654

M14/654 Abu p c.1

Perpustakaan Pusat - Lantai 2

Tersedia namun tidak untuk dipinjamkan - Tandon/Tidak dipinjamkan

Informasi Detil

Judul Seri

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No. Panggil

M14/654 Abu p

Penerbit

New Delhi : ., 2014

Deskripsi Fisik

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Bahasa

Indonesia

ISBN/ISSN

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Klasifikasi

M14/654

Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

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Subyek

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Info Detil Spesifik

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Pernyataan Tanggungjawab

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Versi lain/terkait

Lampiran Berkas

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