Jurnal Manajemen Bisnis
Vol 8, No 1: March 2017

Pengaruh Aliran Kas Bebas Dan Keputusan Pendanaan Terhadap Nilai Pemegang Saham Dengan Set Kesempatan Investasi Sebagai Variabel Moderating

Munandar, Bambang Tri (Unknown)
Kusumawati, Rita (Unknown)



Article Info

Publish Date
15 Mar 2017

Abstract

The purpose of this study was to examine the effect of free cash flow and funding decisions on shareholder value with investment opportunity set as a moderating variable. The population in this study is a manufacturing company listed on the Indonesia Stock Exchange in 2010 until 2015. Data collected by purposive sampling method and the sampling results obtained are 93 companies.sampel. The analysis technique used moderated regression analysis (MRA) or interaction test.The test results show that free cash flow has no significant effect on shareholder value, while funding decisions have significant effect on shareholder value, investment opportunity set can moderate the effect of free cash flow to shareholder value, investment opportunity set can moderate influence of funding decision to value shareholders

Copyrights © 2017






Journal Info

Abbrev

mb

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Manajemen Bisnis is a bilingual English peer-reviewed journal published twice a year (in March and September) by Universitas Muhammadiyah Yogyakarta in Collaboration with the Association of Management Department of Muhammadiyah Universities (APSMA PTM). Since its first issued in March 2010, ...