ANALYSIS OF THE INFLUENCE OF FINANCIAL DECISIONS AND CORPORATE INFLUENCE PERFORMANCE TO FIRM VALUE (Empirical Study On A Manucfacturing Company Listed On The Indonesian Stock Exchange Period 2013-2017)
Septylyta Rahmita Putri, Firman Pribadi, Rizal Yaya
Universitas Muhammadiyah Yogyakarta
Abstract
In this study aims to determine and analyze whether investment policies, funding policies, and dividend policies affect the value of companies in manufacturing companies listed on the Indonesia Stock Exchange. Company value describes a public trust in the company in maximizing profits seen from the companys stock price. Maximizing company profits is the companys main goal in prospering shareholders. The measurement of company performance is classified into 3 forms of company policy namely investment policy, funding policy, and dividend policy. The research model used in this study is multiple linear regression. The sample used in this study were 26 manufacturing companies listed on the Indonesia Stock Exchange from 2013 to 2017. The results of the study showed that debt equity ratio, dividend payout the ratio, probability, and firm size has a positive and significant influence on the value of the company. While capital expenditure to book value of assets have a negative and significant effect on firm value.
Keywords: PBV, CAP/BVA, DER, DPR, SIZE, ROA
Topic: International Symposium on Social Sciences, Humanities, Education, and Religious Studies