Jurnal Ilmiah Ekonomi dan Manajemen
Vol. 3 No. 9 (2025): September

Pengaruh Kebijakan Hutang Dan Keputusan Investasi Terhadap Nilai Perusahaan Pada PT Ultrajaya Milk Industry And Trading Company Tbk Periode 2014- 2023

Mega Julian, Bunga (Unknown)
Jamaluddin Jamaluddin (Unknown)



Article Info

Publish Date
16 Sep 2025

Abstract

This study aims to determine whether there is an effect of debt policy and investment decisions on company value at PT Ultrajaya Milk Industry And Trading Company Tbk. This is a quantitative study with a causal associative approach. The data used in this study is secondary data sourced from the financial data of PT Ulrajaya Milk Industry And Trading Company Tbk for the period 2014-2023. The data analysis method used in this study is multiple linear regression analysis with the assistance of the Statistical Product and Service Solution (SPSS) program version 26. The results of the study indicate that, partially, debt policy does not have a significant effect on company value, as evidenced by a significance value of 0.059, which is greater than the sig. 0.05, and the t-calculated value (2.256) < t-table (2.447). Meanwhile, investment decisions have a significant effect on company value, as evidenced by a significance value of 0.004, which is smaller than the sig. value of 0.05, and the t-calculated value (4.213) > t-table (2.447). Meanwhile, simultaneously, it shows that debt policy and investment decisions have a significant effect on company value, as evidenced by a significance value of 0.008, which is smaller than the sig value of 0.05, and the Fcount value (10.353) > Ftable (4.74).  

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Journal Info

Abbrev

jiem

Publisher

Subject

Other

Description

JURNAL ILMIAH EKONOMI DAN MANAJEMEN (JIEM) berfokus pada penerbitan artikel berkualitas tinggi yang didedikasikan untuk semua aspek penelitian, masalah, dan perkembangan terbaru di bidang Ilmu Manajemen. Topik dalam Jurnal ini berkaitan dengan aspek apapun dari manajemen, namun tidak terbatas pada ...