PENGARUH KEPUTUSAN INVESTASI, PENDANAAN, KEBIJAKAN DIVIDEN, STRUKTUR KEPEMILIKAN, DAN INFLASI TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the influence of investment decisions, funding, dividend policy, ownership structure and inflation to the firm value. The population is all non-banking companies which are listed in Indonesia Stock Exchange (IDX). The sampling technique has been done by using purposive sampling. Based on the criteria, 38 non-banking companies which arelisted in Indonesia Stock Exchange in 2012-2016 periods have been selected as samples, so the numbers of samples in this research are 190 observations. This research uses multiple linear regressions analysis technique and the SPSS (Statistical Product and Service Solutions). The result shows that (1) Investment decision gives influence to the firm value and it shows direct relationship; (2) The funding decision does not give any influence to the firm value and it indicates unidirectional relationship; (3) The dividend policy gives infuence to the firm value and it shows unidirectional relationship; (4) Managerial ownership does not give any inflence to the firm value and it shows unidirectional relationship; (5) Institutional ownership gives influence to the firm value and it shows unidirectional relationship; (6) Inflation does not give any influence to the firm value and it shows direct relationship.
Keywords: investment decisions, funding decisions, dividend policy, ownership structure, inflation