Jurnal Studia Akuntansi dan Bisnis (The Indonesian Journal of Management & Accounting)
Vol 7, No 2 (2019)

PENGARUH LEVERAGE, LIKUIDITAS, KOMISARIS INDEPENDEN, DAN UKURAN PERUSAHAAN, TERHADAP NILAI PERUSAHAAN DENGAN KEBIJAKAN DIVIDEN SEBAGAI VARIABEL MODERATING

Firmansyah Firmansyah (STIE La Tansa Mashiro, Rangkasbitung)



Article Info

Publish Date
15 Dec 2019

Abstract

The purpose of this study was to analyze the effect of leverage, liquidity, independent commissioners, company size on firm value with dividing policy as moderating. In this study, testing four independent variables, where the independent variables are leverage, liquidity, independent commissioners, company size. This research was conducted in the consumer goods industry sector which was listed on the Indonesia Stock Exchange in the period 2013-2016. From 68 population using purposive sampling method in determining the sample, 13 companies were obtained which eventually became the samples studied. Data analysis was performed using variance-based structural equation analysis (SEM) with the Smart PLS (Partial Least Square) program. From the test results using the structural equation analysis method shows there are no variables that have a significant effect on firm value because it has a value 1.96, for variables that do not have a significant effect on company value, namely the variable leverage, liquidity, independent commissioners, and company size, and the role of dividend policy on the relationship of leverage, liquidity, independent commissioners, and company size to firm value does not strengthen and is not significant to firm value.

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Journal Info

Abbrev

JSAB

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Studia Akuntansi dan Bisnis diterbitkan oleh Sekolah Tinggi Ilmu Ekonomi (STIE) La Tansa Mashiro. Jurnal ini merupakan gabungan dari Jurnal Program Sarjana dengan nama StakeholderS (ISSN 1978-0648) dan Jurnal Program Pascasarjana dengan nama Gaung (ISSN 2089-1253). Sejak Volume I Nomor 1 ...