Nilai Perusahaan Manufaktur Di Bursa Efek Indonesia Ditinjau Dari Perspektif Kebijakan Deviden Dan Kebijakan Hutang

Authors

  • Nani Rohaeni Universitas Bina Bangsa Banten
  • Syamsul Hidayat Universitas Bina Bangsa Banten
  • Ifat Fatimah Universitas Sultan Ageng Tirtayasa, Banten

DOI:

https://doi.org/10.18196/bti.92103

Keywords:

Kebijakan Hutang, Kebijakan Deviden, Nilai Perusahaan

Abstract

This study aims to determine how the influence of dividend policy and debt policy to corporate value. This research was conducted at a manufacturing company listed in Indonesia Stock Exchange (BEI) period 2012-2016. Sampling using Puropsive Sampling. A total of 13 manufacturing companies listed on the BEI to be sampled in this study. Regression analysis used in this study to see the effect of independent variables on the dependent variable either together or individually. The analysis results show that during the period 2012-2016 both dividend policy and debt policy have no significant effect on corporate value 

References

Ang, R., (1997), Buku pintar pasar modal Indonesia, Mediasor Indonesia.

Azhari, H., (2013), Pengaruh Kebijakan Hutang Dan Kebijakan Deviden Terhadap Nilai Perusahaan (Studi Empiris pada Perusahaan Manufaktur yang terdaftar di BEI), Artikel. Program Studi Auntansi Fakultas Ekonomi Universitas Negeri Padang.

Brigham, Eugene F. and Houston, (2001), Manajemen Keuangan, Edisi 8. Erlangga : Jakarta.

Euis, S., dan Taswan., (2002), Pengaruh Kebijakan Hutang Terhadap Nilai Perusahaan Serta Beberapa Faktor Yang Mempengaruhinya. Jurnal Bisnis dan Ekonomi. STIE STIKUBANK, Semarang.

Hasnawati, S., (2005a), Implikasi Keputusan Investasi, Pendanaan, dan Dividen Terhadap Nilai Perusahaan Publik di Bursa Efek Jakarta. No. 09/Th XXXIX. September 2005: 33-41.

Hendy, M.F., (2008), Istilah Pasar Modal A-Z. Jakarta: Elex Media Komputindo.

Karnadi, S.H., (1993), Manajemen Pembelajaran. Jakarta: Yayasan Promotion Humana.

Mardiyati, U., Ahmad, G.N. & Putri, R., (2012), Pengaruh Kebijakan Dividen, Kebijakan Hutang dan Profitabilitas Terhadap Nilai Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2005-2010. Jurnal Riset Manajemen Sains Indonesia (JRMSI). Vol. 3(1). Hal. 1-17.

Sofyaningsih, S., dan Hardiningsih, P., (2011), “Struktur Kepemilikan, Kebijakan Deviden, Kebijakan Utang, dan Nilai Perusahaan”. Dinamika Keuangan dan Perbankan. ISSN:1979- 4878. Vol. 3 No. 1, Mei, 68-67.

Sujoko dan Soebiantoro, U., (2007), Pengaruh Struktur Kepemilikan, Leverage, Faktor Intern, dan Faktor Ekstern Terhadap Nilai Perusahaan (Studi Empiris pada Perusahaan Manufaktur dan Non Manufaktur di Bursa Efek Jakarta. Jurnal Manajemen dan Kewirausahaan. Vol. 9. No. 1. Maret, pp. 41-48.

Wahyudi, U., dan Pawestri, P.H., (2006), Implikasi Struktur Kepemilikan Terhadap Nilai Perusahaan: Dengan Keputusan Keuangan Sebagai Variabel Intervening. Simposium Nasional Akuntansi (SNA) IX Padang tanggal 23-26 Agustus 2006 dipublikasikan.

Downloads

Published

2018-10-31

Issue

Vol. 9 No. 2 (2018): Oktober 2018

Section

Vol. 9, No. 2, Oktober 2018 | JBTI

License

JBTI : Jurnal Bisnis : Teori dan Implementasi is licensed under Creative Commons License Creative Commons Attribution Attribution-NonCommercial-NoDerivatives 4.0 International License.

Authors who publish with this journal agree to the following terms:

  • Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution Attribution-NonCommercial-NoDerivatives 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
  • Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
  • Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before and during the submission process, as it can lead to productive exchanges and earlier and greater citation of published work (See The Effect of Open Access).