Jurnal Akuntansi Multiparadigma
Vol 5, No 1 (2014): Jurnal Akuntansi Multiparadigma

TELAAH NILAI PERUSAHAAN BERDASARKAN STRUKTUR KEPEMILIKAN

Monica Angelina Tandiyo (Universitas Ma Chung)
Daniel Sugama Stephanus (Universitas Ma Chung)



Article Info

Publish Date
28 Apr 2014

Abstract

Abstrak: Telaah Nilai Perusahaan Berdasarkan Struktur Kepemilikan. Penelitian ini ingin menguji apakah terdapat hubungan antara struktur kepemilikan dan nilai perusahaan. Penelitian ini menggunakan 246 sampel perusahaan yang terdaftar di Bursa Efek Indonesia. Hasil yang didapatkan menunjukkan bahwa hak arus kas dan hak kontrol berpengaruh positif terhadap nilai perusahaan, cash flow right leverage berpengaruh positif terhadap nilai perusahaan apabila pemegang saham pengendali terlibat di dalam manajemen, dan cash flow right leverage berpengaruh negatif terhadap nilai perusahaan apabila terdapat pemegang saham pengendali kedua.Abstract: Analysis of Firm Value Based on Ownership Structure. Concentrated ownership can make controlling shareholders has control right bigger than their cash flow right. This research is aimed to  test whether there is an effect of ownership structure on  company value. This research took 246 sampels of listed companies in Bursa Efek Indonesia. The result indicated that cash flow right and control right have positive effect on company value, cash flow right leverage has positive effect on company value if controlling shareholder involved in the management, and cash flow right leverage has a negative effect on company value if there is second controlling shareholder.

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Journal Info

Abbrev

jamal

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Akuntansi Multiparadigma or Journal of Multiparadigm Accounting (JAMAL) has been published since April 2010 by Universitas Brawijaya, and since 2014 has been collaborating with Masyarakat Akuntansi Multiparadigma Indonesia. JAMAL publishes scientific articles and highly appreciates creative ...