PENGARUH UKURAN PERUSAHAAN, LEVERAGE, DAN KEPEMILIKAN MANAJERIAL TERHADAP NILAI PERUSAHAAN

Abstract

The purpose of the research is to examine and to analyze the influence firm size to the firm value, the
influence of leverage to the firm value, and the influence of managerial ownership to the firm value. Firm value is
proxy by the PBV. The population is consumer goods industrial sector manufacturing companies particularly in
the field of pharmacy which are listed in Indonesia Stock Exchange (IDX) in 2012-2014 periods. The sample
selection has been carried out by using purposive sampling and certain criteria so 10 manufacturing companies
with 30 observations have been obtained. The data analysis method has been carried out by using multiple linear
regressions analysis and the SPSS (Statistical Product and Service Solutions). Based on the result of the
research, it shows a problem that leverage has significant and negative influence to the firm value with its
regression coefficient -4.113 and significance level 0.021, whereas firm size and managerial ownership does not
have any significant influence to the firm value. Simulatenously, independent variables have signfinicant
influence to the dependent variables with its significance level 0.020.
Keywords: Firm size, leverage, managerial ownership, firm value