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Menakar Nilai Perusahaan: Uji Kausalitas pada Kepemilikan Institusional dan Kebijakan Hutang Suwandi Suwandi; Elisabet Luju; Melinda Melinda; Yose Ega Mulyadi; Victoria Ari Palma Akadiati; Maria Lusiana Yulianti; Agnes Susana Merry Purwati; Abdurohim Abdurohim
Akuntansi Vol. 1 No. 3 (2022): September: Jurnal Riset Ilmu Akuntansi
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jurnalrisetilmuakuntansi.v1i3.62

Abstract

The value of companies in various large companies in Indonesia is still not optimal. This causal study aims to examine the effect of institutional ownership and debt policy on firm value in cosmetics and household sub-sector manufacturing companies on the Indonesia Stock Exchange for the 2015-2021 period. A total of 5 sample companies were identified from a total of 10 companies, so that 35 observational data were collected based on purposive sampling technique. The company's financial statement data is collected through the www.idx.co.id page using documentation techniques. The data that has been collected was analyzed using multiple linear regression. The data was processed using SPSS version 23 program. The results showed that, partially institutional ownership had a negative and significant effect on firm value, while debt policy had a positive and significant effect on firm value. Meanwhile, simultaneously, institutional ownership and debt policy have a significant effect on firm value. Following up on the results of this study, the initial identification of firm value on the Indonesia Stock Exchange should be optimized through the assessment of institutional ownership and debt policy, so as to encourage an increase in firm value.
Co-Authors Abdul Rasyid Acai Sudirman Ade Risna Sari ADE RISNA SARI Afifah, Zainiyatul Agnes Susana Merry Purwanti Agus Siswanto Akbar Akbar Amelia Sapputra Anggita Permata Yakup Badriatul Mawadah Baharman Supri Bahtiar Efendi Balthasar Malindar Bord Nandre Aprila Cakranegara, Pandu Adi Damirah Damirah Darwin Kesuma Diawati, Prety Donny Dharmawan Donny Dharmawan Eka Kusumawati Eki Candra Elisabet Luju Eliya Fatma Harahap Elly Romy Eni Candra Nurhayati Erni Yuningsih Fatimah Malini Lubis Fauzie Senoaji Filus Raraga Fitriyana Hanna M. Damanik Harun Samsuddin Helmi Ali Henky Hendrawan Hermiyetti Hermiyetti I Gst. Ayu Diah Utari I Nyoman Tri Sutaguna Idam Putriyani Waruwu Ilham Imam Hanafi Imam Jayanto Indra Krishernawan Irma M Nawangwulan Irma Maria Dulame Irwan Moridu Ismuhadi Ita Nurcholifah Josua Alexander Gultom Kespandiar, Tengku KMT Lasmiatun Lailatun Nafisa Lailatun Nafisa LASRIDA SIGALINGGING LETASADO, MUHAMAD RUSADI Loso Judijanto M. Rafid Marwal M. Yusuf Alfian Rendra Anggoro KR MANAOR SILITONGA Maria Lusiana Yulianti Marto Silalahi Mawardi Mawardi Melinda Melinda Muhammad Amsal Nasution Muhammad Asir Mulyadi Musran Munizu Ni Luh Kardini Owen De Pinto Simanjuntak Patrisia Senita Pipin Sri Sudewi Rachma Yuliana Resdiansyah Resdiansyah Rina Destiana Ris Akril Nurimansjah Rivaldo Kurniawan Iryanto Rizka Elvira P Romli Romli Rudianto Rudianto Samsul Akmal Samuel PD Anantadjaya Santy Nururly Sartika Yuliana Sarwo Eddy Wibowo Sarwo Eddy Wibowo SETIAWAN JODI, I WAYAN GEDE ANTOK Silvia Ekasari Sjahruddin, Herman Slamet Riyadi Sri Yanna Sugeng Karyadi Suriadi Suryani Suryani Susatyo Adhi Pramono, Susatyo Adhi Suwandi Syech Idrus Umi Setyorini Victoria Ari Palma Akadiati Vivi Candra Weraman, Pius Windo Sinurat Yogi Nurfauzi Yose Ega Mulyadi Zilfana Zilfana Zulkifli Zulkifli Zunan Setiawan