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Journal : EKONOMIKA45

Kebijakan Hutang Dan Kepemilikan Manajerial Pada Nilai Perusahaan Yang Terdaftar di Bursa Efek Indonesia Tahun 2017- 2021 Lilis Marlina; Lidya Martha
EKONOMIKA45 :  Jurnal Ilmiah Manajemen, Ekonomi Bisnis, Kewirausahaan Vol. 11 No. 1 (2023): Desember : Jurnal Ilmiah Manajemen, Ekonomi Bisnis, Kewirausahaan
Publisher : Fakultas Ekonomi Universitas 45 Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30640/ekonomika45.v11i1.1864

Abstract

This study aims to determine the effect of debt policy (DER) and managerial ownership on the value of companies listed on the Indonesia Stock Exchange in 2017-2021. The year used in this study is five years, starting from 2017-2021. Samples were taken using purposive sampling method. The population in this study are all companies listed on the Indonesia Stock Exchange in 2017-2021. From a population of 810 companies listed on the Indonesia Stock Exchange, 45 companies were obtained as a sample with an observation period of five years (2017-2021). Data were analyzed using panel data regression. Based on the results of data analysis it was concluded that debt policy (DER) had a positive and significant effect on firm value with a t-value of 8.628708 and a significance of 0.000 so that the first hypothesis was accepted. Managerial ownership has a positive and significant effect on firm value with a t value of 2.28933 and a significance of 0.0230, so the second hypothesis is accepted.