PENGARUH KEPEMILIKAN MANAJERIAL, KEPEMILIKAN INSTITUSIONAL, KEBIJAKAN DEVIDEN, DAN KEBIJAKAN HUTANG TERHADAP NILAI PERUSAHAAN
Abstract
This study aims to examine the effect of managerial ownership, institutional ownership, debt policy, and dividend policy on corporate value. Objects in this study are manufacturing companies listed on the Indonesia Stock Exchange in the period 2013-2016. In this study obtained a sample of 52, with a period of observation for 4 years. The data analysis technique used is multiple linear analysis using SPSS 20.0.
Based on the results of research conducted, the results obtained that the ownership of management and dividend policy have a significant positive effect on corporate value, debt policy has a significant negative effect on corporate value, while institutional ownership does not affect the value of the company.