Management Analysis Journal
Vol 5 No 1 (2016): Management Analysis Journal

Pengaruh Kepemilikan Manajerial dan Kebijakan Dividen terhadap Nilai Perusahaan

Anita, Aprilia (Unknown)
Yulianto, Arief (Unknown)



Article Info

Publish Date
25 Apr 2017

Abstract

The purpose of this study was to examine the effect of managerial ownership and dividend policy on firm value (the study is a manufacturing company  that is listed on the Indonesia Stock Exchange in 2010 until 2013). The population in this study are all manufacturing companies listed on the Indonesia Stock Exchange in 2010 until 2013. Samples were taken purposive sampling technique that is based on specific criteria. Data analysis tools used in this research is descriptive analysis and multiple linear regression analysis. The results obtained multiple linear regression analysis Y = 0.855 + 2.797 - 0.004 + e. The results of the simultaneous test (F test) showed managerial wnership and dividend policy jointly affect firm value. Managerial ownership effect on firm value. Dividend policy is no effect on firm value. The conclusions of this research is managerial ownership effect on firm value. Dividend policy is no effect on firm value. Advice given to the owner/shareholders of the companies to increase managerial ownership and dividend policy in order to reduce the agency conflict.

Copyrights © 2016






Journal Info

Abbrev

maj

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Management Analysis Journal (MAJ) is an open-access electronic journal focusing on scientific work on the field of business. This journal applies the theory developed from business research and connects it to actual business situations. The articles within this journal are published quarterly ...