KEPEMILIKAN INSTITUSIONAL, STRUKTUR MODAL, KEPUTUSAN INVESTASI, DAN KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of institusional ownership, capital structure, investment decision, and financial performance on the firm value. While, institusional ownership was measured by the amount of stock which owned by institusional, capital structure was measured by Debt to Equity Ratio (DER), investment decision was measured by Growth, financial performance was measured by Return On Asset (ROA) and firm value which was measured by Tobins’Q.The research was quantitative. Moreover, the population was 48 Property and Real Estate companies which were listed on Indonesia Stock Exchange 2014-2018. Additionally, the data were in the form of companies’ financial statement and annual report. Furthermore, the data collection technique used multiple linier regression with SPSS (Statistical Product and Service Solution). F-test and t-test.Based On the research result, in concluded institusional ownership and investment decision did not affect positively on the firm value. This meant, there was no one way and positive relationship. Only institusional ownership and and investment decision, as if they werer increased, did not affect the firm value. On the other hand, capital structure and financial performance had affected the firm value. It meant, there was one way and positive relationship. Only institusional ownership and investment decision, as if they were increased, had affected the firm value.
Keywords: KI, DER, TAG, ROA, TOBINSQ.