PENGARUH STRUKTUR MODAL, KEBIJAKAN DIVIDEN DAN KEPUTUSAN INVESTASI TERHADAP NILAI PERUSAHAAN TEKSTIL DAN GARMEN.

Abstract

This research aimed to examine the effect of capital structure, dividend policy, and investment decision on the frim value of Tekstile and Garment companies which listed on Indonesia Stock Exchange. The research was quantitative. While the population was tekstile and garment companies which were listed on Indonesia Stock Exchange (IDX) 2014 – 2018. While, the data collection technique used purposive sampling, in which the sampel was based on criteria given. In line with, there were 8 tekstile and garment companies as sarnple. Were 15 companies as sample. Moreover, the data analysis technique used multiple linear regression with SPSS. Based on the research result, from classical assumpation test, it showed all variables met the assumptions and obtained a pretty good average. Besides, from proper model test, it showed its regressions model was properly used. In addition, the hypothesis the concluded capital structure had positive but insignificant effect on the frim value. On the other hand, dividend policy as well as investment decision had positive and significant effect on the frim value.
Keywords : capital structure, dividend policy, investment decision, frim value