PENGARUH STRUKTUR KEPEMILIKAN, KUALITAS AUDIT DAN DIVIDEN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect ownership structure consisting of managerial ownership structure, institutional ownership structure as well as auditor quality, and dividend on fimm value. While, the population was companies which were listed on Indonesia Stock Exchange (IDX) during 2017-2019. The research was quantitative. Moreover, the sample was LQ-45 companies which were listed on Indonesia Stock Exchange (IDX) during 2017-2019. Furthermore, the data were secondary: in which taken from the official site of Indonesia Stock Exchange (http://www.idx.co.id). Additionally, there were 135 observations from 59 companies. In addition, the data analysis technique used multiple linear regression analysis with SPSS (Statistical Product and Service Solution) 23 The research result concluded that managerial ownership structure did not affect firm value. On the other hand, institutional ownership structure had a positive effect on firm value. Likewise, auditor quality had a positive effect on firmn value. In contrast, dividends did not affect firm value.
Keywords: managerial ownership structure, institutional ownership structure. auditor quality, dividends, firm value