FAKTOR YANG MEMPENGARUHI NILAI PERUSAHAAN

Abstract

ABSTRACT
The purpose of this study is to find out how the influence of investment
decisions, dividend policy and financing decisions on the value of manufacturing
companies listed on the Indonesia Stock Exchange (IDX) period 2014-2016.
Technique of data retrieval in this research use purposive sampling method and
obtained 29 sample company that used in criterion of manufacturing company
listed in Bursa Efek Indonesia year 2014-2016. Source of data in this research
comes from Indonesia Stock Exchange (BEI). The method of analysis used in this
study is the normality test, the classical assumption test, hypothesis test and
multiple linear analysis.
The results of this study indicate that: (1) Based on the simultaneous test or
F test it is known that the investment decision variables, dividend policy and
funding decision have a significant positive effect on the value of the company. (2)
The variables of investment decision, dividend policy, and funding decision
together have 58.8% implication on the value of the company in manufacturing
companies listed on BEI and 41.2% are explained by other variables not included
in the research model. (3) Partially, investment decision variable and funding
decision have a significant positive influence to firm value while dividend policy
variable does not affect to company value.
Keywords : Investment Decisions, Dividend Policy, Funding Decision, Corporate
Value.