Ikaprasetyawati Nur Lillahirani
STIE Perbanas Surabaya

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

THE INFLUENCE OF MANAGERIAL OWNERSHIP TOWARD THE VALUE OF FIRM WITH THE FINANCING DECISION AS AN INTERVENING VARIABLE Nur Lillahirani, Ikaprasetyawati; Herlina, Erida
The Indonesian Accounting Review Vol. 3 No. 1 (2013): TIAR - January 2013
Publisher : Universitas Hayam Wuruk Perbanas

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.14414/tiar.v3i01.209

Abstract

Every company has the same goal that is to maximize the value of the company and thewealth of its shareholders. Due to the different interests between the shareholders and themanagement, there is always conflict in the company. Share ownerships by the companymanagement is believed to be able to unite the interest between the shareholders and themanager, therefore at the end, it results in the company performance in achieving companygoals. Funding decision is a structure that has to be implemented by the management correctlyso that the value of the company can increase. This research uses 130 manufacturecompanies that listed on Indonesian Stock Exchange by the year of 2010. The method tochoose the samples is done by using purposive sampling method and path analysis method.The result of this research show that: 1) managerial ownership effect directly the companyvalue, 2) funding decision does not affect the company value, 3) managerial ownership effectthe company value with funding decision as its intervening variable and it is approved thatfunding decision is used to find the effect of managerial ownership on the company value.