Fadjar OP Siahaan
Universitas Airlangga Surabaya, Staf Ahli BPKRI Email: fadjarsiahaan@yahoo.co.id

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

PENGARUH KEBIJAKAN HUTANG DAN INVESTASI TERHADAP NILAI PERUSAHAAN Siahaan, Fadjar OP
EL MUHASABA: Jurnal Akuntansi (e-Journal) Vol 2, No 2: Juli 2011
Publisher : Jurusan Akuntansi Fakultas Ekonomi Universitas Islam Negeri Maulana Malik Ibrahim Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (166.033 KB) | DOI: 10.18860/em.v2i2.2368

Abstract

The primary objective of this research is to analyze the effect of Debt to Equity Ratio (DER) and Investment Opportunity Set (IOS on firm value. The data was collected by using pooling method. Sixty-six firms in this research were chosen as a research sample. The statistical method used to test the hyphotesis were multiple regressions, t test, and F test. The empirical result shows that partially all independent (Debt to Equity Ratio/DER and Investment Opportunity Set/IOS) have positive significant effect on firm value. Simultaneously, all independent variable (Debt to Equity Ratio/DER and Investment Opportunity Set/IOS) significantly influenced the firm value. The other finding in this research indicates that IOS has the most significant effect on firm value, then followed by DER.
Peran Praktek GCG Memediasi Pengaruh Struktur Kepemilikan terhadap Kinerja Perusahaan Siahaan, Fadjar OP
Jurnal Aplikasi Manajemen Vol. 11 No. 2 (2013)
Publisher : Universitas Brawijaya, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/

Abstract

The purpose of this research is to investigate the effect of ownership structure on firm performanceand GCG, the effect of on firm performance, and GCG as the mediating variable between ownership structure and firm performance. Ownership structure was proxy by public ownership. Firm performance was proxy by ROA and ROS. The sample was selected by using purposive sampling which included 43 observations from 20 companies listed in CGPI rating and listed in Indonesian Stock Exchange during 2009-2011. By using Partial Least Square (PLS), the result of this research shows that (1) public ownership directly reduces performance as measured by using ROA and ROS as well as GCG; (2) GCG implementation doesn't improve ROA; yet, it increases ROS; (3) GCG is not able to mediate ownership structure toward firm performance as perceived from ROS measure