Ade Pendria Astuti1, Ade Pendria
Unknown Affiliation

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

Found 1 Documents
Search

PENGARUH KESEMPATAN INVESTASI, LEVERAGE TERHADAP KEBIJAKAN DEVIDEN DAN NILAI PERUSAHAAN PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA Astuti1, Ade Pendria
Jurnal Tepak Manajemen Bisnis Vol 7, No 3 (2015)
Publisher : Jurnal Tepak Manajemen Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

Abstract. This study aimed to analyze the influence of investment opportunities, leverage on the dividend policy and the value of the company on the companies listed in Indonesia Stock Exchange. Variables used in this research is an investment opportunity, leverage, dividend policy and the value of the company. The population used in this study are manufacturing companies listed in Indonesia Stock Exchange 2008-2012 period. The samples in this study using purposive sampling with a sample of 170 manufacturing firms. Based on pre-defined criteria, only 34 companies were eligible to be sampled. Statistical analyzes were used to examine the effect of investment opportunities, leverage on the dividend policy and the value of the company is the analysis of pathways that can explain the relationship between the variables, both directly and indirectly. The results of this study indicate that the investment opportunity to have a direct influence on the value of the company, but the investment opportunities through dividend policy has no effect on firm value. Leverage does not have a direct effect on firm value, but leverage through dividend policy has no effect on firm value. Dividend policy has no direct effect on firm value.Keywords: investment opportunities, leverage, dividend policy and the value of the company.