PENGARUH STRUKTUR KEPEMILIKAN, STRUKTUR MODAL, DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SEKTOR PERTAMBANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA
Abstract
This study aims to determine whether there is influence of managerial ownership structure, institutional ownership structure, capital structure, and firm size to company value in mining sector companies listed in Indonesia Stock Exchange.
The method of this research is descriptive method used to analyze data by way of describing or giving description to the object under study through sample data or population as it is without doing analysis and make conclusion which apply to public. This research uses managerial ownership variable, institutional ownership, capital structure, and firm size as independent variable, and firm value as dependent variable. The population of this study is a mining sector company listed on the Indonesia Stock Exchange in 2010-2012. After going through purposive sampling, obtained 29 companies as sample. The type of data used in this study is secondary data in the form of annual financial statements of the company. The method of analysis used is simple linear regression analysis. Before performing regression test, data analysis test consisted of linearity test and normality test.
The results of this study indicate that managerial ownership, capital structure and firm size have a positive effect on firm value. While institutional ownership variable has no positive effect on firm value.
Keywords
Full Text:
PDFReferences
Bambang Riyanto. (2011). Dasar-dasar Pembelanjaan. Edisi 4. Yogyakarta: BPFE Yogyakarta.
Imam Ghozali.(2005). Aplikasi Analisis Multivariate dengan Program SPSS, Edisi Ketiga, Badan Penerbit Universitas Diponegoro, Semarang
Jonathan Sarwono. (2006). Metode Penelitian Kuantitatif dan Kualitatif. Yogyakarta: Graha Ilmu
Martono, S.U., AgusHarjito, (2002), Manajemen Keuangan, Edisi Pertama, Cetakan Kedua, Yogyakarta: Ekonisia
Modigliani, Franco dan Miller H. Merton.(1958). The Cost of Caital, Corporation Finance and The Theory of Investment. The American Economic Review, Vol. 473, hal 261-297
Nasution. (2009). Metode Research (Penelitian Ilmiah). Jakarta: Bumi Aksara
Situs Resmi Bursa Efek Indonesia. http://www.idx.co.id.
Sugiyono.(2012). StatistikauntukPenelitian. Bandung: Alfabeta
Sujoko, dan Ugy Subiantoro. (2007). “Pengaruh Struktur Kepemilikan Saham, Leverage, Faktor Intern dan Ekstern Terhadap Nilai Perusahaan“.Jurnal Manajemen dan Kewirausahaan, Vol 9 No.1 hal. 41-48.
Tedi Rustendi dan Farid Jimmi. (2008). Pengaruh Hutang dan Kepemilikan Manjerial terhadap Nilai Perusahaan Manufaktur. Jurnal Akuntansi FE Unsil, Vol. 3 No.1
Wahyudi Untung dan Hartini. (2006). “Implikasi Struktur Kepemilikan Terhadap Nilai Perusahaan : Dengan Keputusan Keuangan Sebagai Variabel Inverting”. Simposium Nasional Akuntansi, Padang.
Yulius Jogi Christiawan dan Josua Tarigan. (2007). Kepemilikan Manajeral : Kebijakan Hutang, Kinerja dan Nilai Perusahaan. Jurnal Akuntansi dan Keuangan, Vol.1, Mei 2007, Hal : 1-8.
DOI: https://doi.org/10.17509/jrak.v3i2.6616
Refbacks
- There are currently no refbacks.
Jurnal Riset Akuntansi dan Keuangan is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
View My Stats