PENGARUH INSIDER OWNERSHIP, PROFITABILITAS, KEBIJAKAN HUTANG DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN (STUDI KASUS PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2010-2013)

Abstract

Objectives to be achieved by the manager of the company is to increase the company's value through the implementation of financial decisions are investment decisions, financing decisions and dividend policy. A combination of all three will optimize the value of the company which will further improve the welfare of its owner. In practice, the financial decisions taken should be done with caution and appropriate because it would affect other financial decisions and will have an impact on the achievement of corporate goals. The increasing value of the company will attract the interest of investors to invest. This study aims to determine the effect of profitability, funding decisions, dividend policy, managerial ownership and the size of the company to the value of the company.
The population in this study are all companies listed on the Indonesian Stock Exchange (BEI) from 2010 until 2013. Sampling was done by purposive sample, so that the number of samples taken at 44 companies. Statistical analysis was conducted on the multiple linear regression and hypothesis testing.
Based on the results of data analysis can be concluded; There is an influence on the profitability of the company's value, there is a positive influence funding policy on corporate value, ; There is no influence dividends to the value of the company, ; There is no influence managerial ownership on firm value, ; There is no influence company size on the value of the company
Keywords: Profitability, Financing Decision, Dividend Policy, Managerial Ownership, Company Size, Company Value