Institusion
Universitas Muhammadiyah Surakarta
Author
Pratiwi, Riza Ayu
, Dr. Fatchan Achyani, S.E, M.Si
Subject
HF5601 Accounting
Datestamp
2019-05-16 03:45:43
Abstract :
The firm value shows that the prosperity of stakeholders will increase, if the stock
price is increased as well. The firm value becomes very important because it reflects
the performance of the company which can influence the perception of investors to
the company. This research is meant to find out the influence of growth of the
company, profitability, capital structure,managerial ownership and dividend policy
to the firm value. The samples are 17 manufacturing companies which are listed in
Indonesia Stock Exchange (IDX) during the 2014-2017 periods and they have been
selected by using purposive sampling. The statistic test instrument uses SPSS 22
version which is carried out to perform classic assumption test, multiple linear
regressions analysis, and the hypothesis test. Based on the result of normality test,
multicolinearity test, heteroscedasticity, and autocorrelation, some variables that
deviate from the classic assumption have not been found. The result of the hypothesis
test shows that: (1) The growth of the company does not have any influence to the
firm value; (2) Profitability have any influence to the firm value; (3) Capital structure
does not have any influence to the firm value; (4) Managerial ownership does not
have any influence to the firm value; (5) Dividend policy does not have any influence
to the firm value.
Keywords: Growth, Profitability, Capital Structure, Managerial ownership, Dividend
Policy, Firm Value.