The Influence Factors of Firm Value (Study of Manufacturing Company Listed on Indonesia Stock Exchange)

  • Mulia Saputra Accounting Department of economy and Business Faculty, University of Syiah Kuala, Banda Aceh, Indonesia http://orcid.org/0000-0002-0335-9938
  • Zalikha , Accounting Department of economy and Business Faculty, University of Syiah Kuala, Banda Aceh, Indonesia
  • Nuraini A Accounting Department of economy and Business Faculty, University of Syiah Kuala, Banda Aceh, Indonesia
Keywords: firm value, dividend policy, profitability, institutional ownership, managerial ownership

Abstract

This study tries to empirically examine the effect of profitability, institutional ownership, managerial ownership, and dividend policy on company value in manufacturing companies listed on Indonesian Stock Exchange. The data used in this research is a financial statement of the companies with the total sample of 93 companies over the period of 2012-2016. The analytical method used in this study is multiple linear regression. This study resulted in that profitability, institutional ownership, managerial ownership, and dividend policy simultaneously influence the value of the company. While from the partial test it resulted that profitability affects the company value, institutional ownership has no influence on the company value. However, managerial ownership has no influence on the company value and dividend policy also does not affect the company value.

 

 

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Published
2019-01-11
How to Cite
Saputra, M., , Z., & A, N. (2019). The Influence Factors of Firm Value (Study of Manufacturing Company Listed on Indonesia Stock Exchange). Journal of Research in Business, Economics and Management, 12(1), 2270-2278. Retrieved from http://www.scitecresearch.com/journals/index.php/jrbem/article/view/1685
Issue
Vol 12 No 1: JRBEM
Section
Articles

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