Pengaruh Kepemilikan Manajerial, Kepemilikan Institusional, Dan Leverage Terhadap Nilai Perusahaan Yang Terdaftar DI Bursa Efek Indonesia (original) (raw)
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Pengaruh Kepemilikan Institusional dan Leverage terhadap Nilai Perusahaan
Al-Amwal : Jurnal Ekonomi dan Perbankan Syari'ah
Penelitian ini bertujuan untuk mengetahui pengaruh kepemilikan institusional dan leverage terhadap nilai perusahaan manufaktur sub sektor tekstil dan garment product di BEI periode 2013-2016. Metode penelitian yang digunakan dalam penelitian ini adalah metode deskriptif dan verifikatif dengan pendekatan kuantitatif. Populasi dalam penelitian ini adalah seluruh perusahaan manufaktur tekstil dan sub-sektor garmen yang sudah dan masih terdaftar di Bursa Efek Indonesia periode 2013-2016. Sampel diambil dengan menggunakan metode purposive sampling, dan diperoleh 10 perusahaan. Teknik analisis data yang digunakan panel data regresi. Hasil penelitian menunjukkan bahwa kepemilikan institusional memiliki pengaruh positif dan signifikan terhadap nilai perusahaan, dibuktikan dengan nilai t sebesar 3,9157 dan signifikansi 0,0004. Leverage berpengaruh positif dan signifikan terhadap nilai perusahaan, terbukti dengan nilai t sebesar 2,7891 dan signifikansi 0,0083. Kepemilikan Institusional dan leverage berpengaruh terhadap nilai perusahaan, terbukti dengan nilai t dalam jumlah 10,0295 dengan signifikansi 0,0003. Nilai adjusted R 2 diperoleh dalam jumlah 0,3165. Hal ini menunjukkan bahwa kepemilikan institusional dan leverage mempengaruhi nilai perusahaan sebesar 31,65% dan sisanya sebesar 68,35% dipengaruhi oleh faktor lain yang tidak diamati dalam penelitian ini.
Pengaruh Kepemilikan Ultimat Terhadap Nilai Perusahaan Yang Terdaftar DI Bursa Efek Indonesia
Jurnal Magister Akuntansi Trisakti, 2020
The objective of this research is to analyze the influence of ultimate ownership on firm’s value of companies listed in indonesia stock exchange. Ultimate ownership is proxied by cash flows right and cash flows right leverage of the ultimate owner, while firm value is measured using Tobin’s Q. Sample of this research are 117 companies which are listed in Indonesia Stock Exchange with the study period of 2015 which are chosen by using purprosive sampling method. Multiple regression and hypotheses testing are used as the data analysis method in this research. The result of this research shows that cash flows right does not have influence on firm’s value, while cash flows right leverage has positive influence on firm’s value.
Jurnal Ilmu Manajemen Universitas Tadulako (JIMUT), 2017
This study aims to study Managerial and Institutional Ownership of Value of Non-Financial Companies listed on the Stock Exchange. The independent variables consist of Managerial Share Ownership (X1) and Institutional Share (X2), as well as several control variables namely Debt, Size and Age. Dependent variable is Company Value (Y), using Tobins'Q ratio. The research sample is 110 companies with purposive sampling sampling technique. Multiple regression data analysis process. The results showed that share ownership positively and insignificantly to the control variables. The result of managerial-related imposition on a significant corporate value of 0.368%. and Institutional Share Ownership has a positive and insignificant relationship to the company with the controls, variables and companies used as control variables. The test results showed that the significant value of 0.378. Penelitian ini bertujuan untuk menganalisis pengaruh Kepemilikan Saham Manajerial dan Institusional te...
GOING CONCERN : JURNAL RISET AKUNTANSI, 2020
The research was conducted in order to add insight and to find out whether Earning per Share, Dividend Payout Ratio, Cash Flow, Leverage, Return on Assets affect the value of company in property and real estate sector companies listed on Indonesia Stock Exchange for the 2013 – 2017 period. There are 75 companies and 15 sample companies that we obtained from this study using purposive sampling techniques. Descriptive quantitative is used in this type of research. The results showed that Earning Per Share, Dividend Payout Ratio, Debt to Equity Ratio and Return On Assets partially had a positive effect on firm value in property and real estate companies. While Cash Flow has no effect and is not significant.
2021
This study aims to determine the effect of Leverage Ratio and Institutional Ownership on Earning Management on Investment Company listed in Indonesia Stock Exchange. In this study, the explanatory method is used to explain the influence between the independent variables namely Leverage Ratio and Institutional Ownership on the dependent variable, namely Earning Management and explain the relationship between variables. The population in this study is a investment companies listed on the Indonesia Stock Exchange for the period 2013-2017. Sample selection through purposive sampling method. There are 6 companies that meet the criteria as research samples, so the research data amount is 30 data. Data collection techniques carried out were document review, data reviewed were annually financial reports, previous research journals and other literature related to research problems. Processing and data analysis techniques include financial management analysis, multiple linear regression analysis, classic assumption test, hypothesis testing, coefficient of determination test and multiple correlation coefficient test. The results of the study show that partially Leverage Ratio variables have a negative and significant influence on Earning Management. Meanwhile, Institutional Ownership partially have no signifikan infuence on Earning Management. Meanwhile, simultaneously research results shows that Leverage Ratio and Institutional Ownership have a positive and significant effect on Earning Management.
Dampak Struktur Kepemilikan, Financial Leverage, Board Director terhadap Nilai Perusahaan
Jurnal Keuangan dan Perbankan
This study tried to analyze the effect of ownership structure, financial leverage, size of board directors and sales Growth on the performance of companies with lower growth opportunities, whether there is a proxy growth opportunities with low PER. This research was conducted at the manufacturing company with the selection criteria for purposive sampling method 2010-2012 period, based on the criteria the obtained sample of 32 companies with low growth opportunities. Thus obtained 96 obervasi for each group. The results showed that: 1). simultaneously the ownership structure, financial leverage, size of board directors and sales Growth affect the performance of companies with low growth opportunities. 2). Partially, it was found empirical evidence that financial leverage and variable size of board directors significantly affect the company's performance with lower growth opportunities. For institutional ownership structure revealed a significant effect on performance, but at a rate of 10% alpha tolerated.
Jurnal Ekonomi STIEP
This study aims to analyze the effect of company size, dividend policy, leverage policy, managerial ownership and profitability on firm value on the LQ 45 index listed on the Indonesia stock exchange. The technique of collecting time series data for five years is from 2013 to 2017, by analyzing the LQ 45 company’s annual report. This type of research is included in causal research with quantitative methods, and data analysis techniques using multiple linear regression. The results of the analysis show that simultaneous company size, dividend policy, leverage policy, managerial ownership and profitability have a significant effet on firm value, whereas only partially only company size have a significant effect.
SCIENTIA JOURNAL : Jurnal Ilmiah Mahasiswa, 2019
Increasing the value of the company is the company's main goal, namely by increasing stock prices. Increasing company profits and maximizing the value of the company is the company's goal to improve the welfare of shareholders to maintain the survival of the company. The company's financial manager can be expected to be able to understand the factors that influence the value of the company and prosper shareholders. This research was conducted with the aim of testing and analyzing the value of the company that affects the capital structure (Debt to Equity Ratio), profitability (Return On Asset), company size (Long Size) and dividend policy (Dividend Payout Ratio) as independent and firm value as dependent. The population in this study is the automotive sector manufacturing company listed on the Indonesia Stock Exchange in the period 2013-2017 which consists of 10 companies. The sampling technique in this study used skillful sampling so that the samples obtained were as much as 50 data. The analysis in this study used descriptive statistics, classic assumption tests, multiple linear regression and hypothesis testing. From the results of this study, simultaneous capital structure, profitability, company size and dividend policy simultaneously have significant influence on firm value. Profitability and dividend policy variables have a significant effect on firm value while the capital structure and size of the company do not affect the value of the company. These results show a greater influence of provitability and dividend policy on the value of the company compared to the capital structure and size of the company.
2021
Penelitian ini bertujuan untuk mengetahui bagaimana pengaruh kepemilikan institusional, komisaris independen, dan leverage terhadap pengungkapan risk management pada perusahaan properti dan real estate yang terdaftar di Bursa Efek Indonesia (BEI). Dalam penelitian ini digunakan metode eksplanasi. Adapun variabel yang diteliti adalah kepemilikan institusional, komisaris independen, dan leverage sebagai variabel independen dan pengungkapan risk management sebagai variable dependen. Populasi dalam penelitian adalah perusahaan properti dan real estate yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2013-2017 sebanyak 48 perusahaan. Metode pemilihan sampel menggunakan purposive sampling dan diperoleh sampel sebanyak 7 perusahaan. Teknik pengumpulan data yang digunakan adalah metode telaah dokumen yaitu menelaah laporan keuangan yang diperoleh dari website Bursa Efek Indonesia (BEI) (www.idx.co.id). Teknik pengolahan dan analisis data yang digunakan adalah analisis akuntansi, analisis ...
Jurnal Ilmu Manajemen Universitas Tadulako (JIMUT), 2020
Sample in study consists of 11 companies that were selected by purposive sampling method. Data collecting technique is documentary analysis using the data of annual reports of food and beverage companies listed on Indonesia Stock Exchange in 2010 – 2014. Method of data analysis uses panel data and multiple linear regressions with software Eviews version 7. The results show that six independent variables studied simultaneously influence the company value with sig. probability 0.000011 and F-count <0.05. The t-tests indicate that the Times Interest Earned Ratio, Long term- Debt to Equity Ratio, ROA, NPM and ROE have no significant influence on the company value: X2 = 0.2845, X3 = 0.1626, X4 = 0.0576, 0.2678 = X5, X6 = 0.6344, 0.05 ≥ α. Debt Ratio has significantinfluence on company value, with the value X1 = 0.0192 ≤ 0.05. R2 value is 0.483863 and simultaneously, six independent variables studied influence the dependent variable (the value of the company) of 48.38%, while the remai...