ANALISIS PENGARUH KEPUTUSAN KEUANGAN DAN KINERJA KEUANGAN LAINNYA TERHADAP NILAI PERUSAHAAN (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2013-2017)
Abstract
This research aims to identify and analysis on effect of a firm financial decision and performance to the value of firm, particularly the manufacture firms which have been registered in Indonesian Stock Exchange. The value of firm figures the trust of society to the firm to maximize profit, if it is examined from the firm stock price. The maximization of firm profit is the main purpose of the firm to prosper the stockholders. Further, the measurement of firm performance is categorized into three forms of firm decision: investment, funding decision, and dividend policy.
The research model which is exerted in this research is multiple linear regressions. The sample of research is taken from 26 manufacture firms that have been registered in Indonesian Stock Exchange along 2013-2017. The research finding shows that debt equity ratio (DER), dividend payout ratio (DPR), and profitability deliver positive and significant effect to the firm value. While, the firm size and capital expenditure to book value of asset
deliver negative and significant effect to the firm value