Pengaruh Pertumbuhan Pendapatan, Kebijakan Dividen, Kebijakan Hutang, Ukuran Perusahaan dan Kinerja Perusahaan terhadap Nilai Perusahaan Infrastruktur yang Terdaftar di BEI
DOI:
https://doi.org/10.32493/Inovasi.v10i2.p345-352.36114Keywords:
Sales Growth, Dividend Policy, Debt Policy, Company’s Size, Company’s Performance, Company’s ValueAbstract
The purpose of this research is to analyze the effect of sales growth, dividend policy, debt policy, company’s size, and company’s performance to infrastructure’s company value listed in Indonesia Exchange Stocks. The method of this research is clause method and use the purposive sampling method as the method to sampling the research’s population. The total of this research’s sample is 26 company. The result of the hypothesis test of the sales growth is the sales growth doesn’t affect the company’s value. The result is t-test 0.477 < t-table 1,666462. The result of the hypothesis test of the dividend policy is the dividend policy doesn’t affect the company’s value. The result is t-test 0.6389 < t-table 1,666462. The result of the hypothesis test of the debt policy is the debt policy affect the company’s value positively significant. The result is t-test 3,956 > t-table 1,666462. The result of the hypothesis test of the company’s size is the company’s size affect the company’s value positively significant The result is t-test 6,083 > t-table 1,666462. The result of the hypothesis test of the company’s performance is the company’s performance doesn’t affect the company’s value The result is t-test 1,080 < t-table 1,666462. The result of simultaneously test is sales growth, dividend policy, debt policy, company’s size, company’s performance affects the company’s value, with the test result is F-test 5,607862 > F-table 2,332.References
Adi Putra, A. N. D., & Lestari, P. V. 2019. Pengaruh Kebijakan Dividen, Likuiditas,Profitabilitas Dan Ukuran Perusahaan Terhadap Nilai Perusahaan Melalui Kebijakan Dividen. E-Jurnal Manajemen Universitas Udayana. Vol. 8. No. 5, Hlm: 3275.
Agustina, Dewi. 2017. Pengaruh Corporate Governance dan Variable Keuangan Terhadap Nilai Perusahaan. Jurnal Bisnis dan Akuntansi, Vol. 19, No.1.
Alfredo, M. 2011. Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan (Kebijakan Dividen Sebagai Variabel Moderating) pada Perusahaan Manufaktur di Bursa Efek Indonesia. Tesis Universitas Udayana. Denpasar
Erlina, 2008. Metodologi Penelitian Bisnis: Untuk Akuntansi dan Manajemen, Edisi 2, USU Press, Medan.
Fahmi, I. 2015. Analisis laporan Keuangan. Alfabeta.
Franita, R. 2016. Pengaruh Kepemilikan Institusional, Kepemilikan Manajerial dan Ukuran Perusahaan terhadap Nilai Perusahaan. Jurnal Mediasi, Vol. 05, No.02: 72-89.
Ghozali, Imam, 2016. Analisis Multivariate dengan Program SPSS, Badan
Penerbit Universitas Diponegoro, Semarang.
Juliandi, Azuar dan Irfan, 2014. Metodologi Penelitian Kuantitatif untuk Ilmu- Ilmu Bisnis, Citapustaka Media Perintis, Bandung.
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), No. 1.
Modigliani, F dan Miller, M.H. 1963. Corporate Income Taxes and the Cost of Capital: A Correction. American Economic Review, Vol.53 : 433-443.
Novari, P. M., & Lestari, P. V. (2016). Pengaruh Ukuran Perusahaan, Leverage, Dan Profitabilitas Terhadap Nilai Perusahaan Pada Sektor Properti Dan Real Estate. E-Jurnal Manajemen Universitas Udayana. Vol. 5, No. 9, Hlm: 5671–5694.
Sembiring, Selvi dan Ita Trinawati, 2019. Faktor-Faktor yang Mempengaruhi Nilai Perusahaan. Jurnal Bisnis dan Akuntansi, Vol.21, No. 1a-2: 173-184.
Senata, M, 2016. Pemgaruh Kebijakan Dividen Terhadap Nilai Perusahaan yang Tercatat pada Indeks LQ-45. Jurnal Bisnis dan Akuntansi, No.6
Sobirin, Ahmad, 2007. Budaya Organisasi. UUP STIM YKPN. Yogyakarta
Syamsuddin, Lukman. 2009. Manajemen Keuangan Perusahaan: Konsep Aplikasi dalam: Perencanaan, Pengawasan, dan Pengambilan Keputusan. Rajawali Pers. Jakarta
www.idx.co.id
Downloads
Published
How to Cite
Issue
Section
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 License that allows others to share the work with an acknowledgement 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 acknowledgement 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) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
INOVASI: journal of managenet have CC-BY-SA or an equivalent license as the optimal license for the publication, distribution, use, and reuse of scholarly work.
In developing strategy and setting priorities, INOVASI: JOURNAL OF MANAGEMENT recognize that free access is better than priced access, libre access is better than free access, and libre under CC-BY-SA or the equivalent is better than libre under more restrictive open licenses. We should achieve what we can when we can. We should not delay achieving free in order to achieve libre, and we should not stop with free when we can achieve libre.