PENGARUH STRUKTUR KEPEMILIKAN DAN KEPUTUSAN KEUANGAN TERHADAP NILAI PERUSAHAAN: PROFITABILITAS SEBAGAI VARIABEL MODERATING ( Studi Kasus Pada Perusahaan Perbankan ynag terdaftar di Bursa Efek Indonesia tahun 2014-2016)

Abstract

ABSTRACT
The purpose of this research is to know about: (1) The impact ownership
structure of company value, (2) The impact financial decision of company value,
(3) The impact ownership structure of company value with probability as
moderating variable, (4) The impact financial decision of company value with
probability as moderating variable.
The method of this research is using quantitative method. Type of this
research is explanatory research with quantitative descriptive analysis approach.
The sample of this research is using the financial report of the banking companies
listed on the Indonesian Stock Exchange in 2014-2016 using the method of
purposive sampling. There are 16 banking companies that fulfilled the criteria as
research samples. Analysis method used in this research is simple regression
analysis.
The results of this research indicate that: (1) from two variables showing
ownership structure can be concluded that managerial ownership has negative and
insignificant effect for company value and institutional ownership has negative
and insignificant effect for company value, (2) from three variables showing
financial decision can concluded that investment decision has negative and
insignificant effect for company value, variable of financial decision has positive
and significant effect for company value and dividend decision has negative and
insignificant effect for company value, (3) partial interaction between two
variables of ownership structure for company value with profitability as
moderating variable show insignificant results, (4) partial interaction between
three variables of financial decision for company value with profitability as
moderating variable show insignificant results.
Keyword : Ownership Structure, Financial Decision, Company Value,
Profitability.