PENGARUH KEPEMILIKAN SAHAM, KEBIJAKAN DIVIDEN DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN

  • Ismanuaji Syahputra
  • Kurnia Kurnia
Keywords: the share ownesrship, the dividend policy, the return on assets, the firm value

Abstract

The study aims to test the impact of the managerial ownership, the institutional ownership, the dividend policy, and the return on assets toward the firm value (PBV) in the companies which are registered in LQ-45 index of Indonesia’s Stock Exchange in 2017-2019. The type of this study is quantitative. The population of this study are 45 companies which are registered in LQ-45 index of Indonesia’s Stock Exchange in 2017-2019. The study applies the purposive sampling for collecting 14 required samples. The period of the observation is 3 years, so the samples of the study are 42 observation data. The analysis of this study applies the multiple linear regression with SPSS. The result of the study shows that (1) the managerial ownership gives positive impacts to the firm value, (2) the institutional ownership does not impact the firm value, (3) the dividend policy gives positive impacts to the firm value, (4) the profitability gives negative impacts to the firm value.
Keywords: the share ownesrship, the dividend policy, the return on assets, the firm value

Published
2021-09-13