PENGARUH KEPUTUSAN KEUANGAN TERHADAP NILAI PERUSAHAAN : Studi Pada Perusahaan Properti & Real Estate yang Terdaftar Di Bursa Efek Indonesia Tahun 2012-2013

Ismiatun, - (2015) PENGARUH KEPUTUSAN KEUANGAN TERHADAP NILAI PERUSAHAAN : Studi Pada Perusahaan Properti & Real Estate yang Terdaftar Di Bursa Efek Indonesia Tahun 2012-2013. S1 thesis, Universitas Pendidikan Indonesia.

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Abstract

Penelitian ini bertujuan untuk menguji pengaruh keputusan keuangan yang terdiri dari keputusan investasi, keputusan pendanaan dan kebijakan dividen terhadap nilai perusahaan pada perusahaan property & real estate yang terdaftar di Bursa Efek Indonesia tahun 2012-2013. Keputusan investasi diukur menggunakan rasio market to book value of assets (MBVA), keputusan pendanaan diukur dengan debt to equity ratio (DER), kebijakan dividen diukur dengan dividend payout ratio (DPR), dan nilai perusahaan diukur dengan rasio price to book value (PBV). Metode penelitian yang digunakan adalah deskriptif verifikatif. Teknik pengambilan sampel menggunakan metode purposive sampling, dan diperoleh jumlah sampel sebanyak 50 perusahaan. Teknik pengumpulan data adalah dengan menggunakan studi dokumentasi. Analisis statistik yang digunakan adalah analisis regresi multiple data panel dengan model random effect, uji keberartian regresi (uji F) dan uji keberartian koefisien regresi (uji t). Hasil penelitian menunjukkan bahwa (1) secara simultan keputusan investasi, keputusan pendanaan, dan kebijakan dividen berpengaruh signifikan terhadap nilai perusahaan, (2) secara parsial keputusan investasi, keputusan pendanaan dan kebijakan dividen berpengaruh positif signifikan terhadap nilai perusahaan. Hal ini berarti bahwa naik atau turunnya nilai perusahaan dapat dijelaskan oleh keputusan investasi, keputusan pendanaan, dan kebijakan dividen. Kata Kunci : Keputusan Keuangan, Keputusan Investasi, Keputusan Pendanaan, Kebijakan Dividen, Nilai Perusahaan. This purpose of this research is to prove the influence of financial decision which consists of investment decision, financing decision and dividend policy on firm value at property & real estate sector company listed on the Indonesian Stock Exchange in 2012-2013. Investment decision was measured by market to book value of assets ratio (MBVA), financing decision was measured by debt to equity ratio (DER), dividend policy was measured by dividend payout ratio (DPR), and firms value was measured by price to book value ratio (PBV). The research method used is descriptif verificatif. The sampling technique used purposive sampling, and acquired 50 companies as the samples. The data collection technique is by documentation study. Statistical analysis used is multiple regression for polled data with random effect model, regression significance test (F-test), and regression coefficient significance test (t-test). The result of the test shows that (1) investment decision, financing decision, and dividend policy have significant influence on firm value simultaneously, (2) investment decision, financing decision and dividend policy have positive significant influence on firm value partially. It’s means that up or down the firm value can describe by investment decision, financing decision and dividend policy. Keywords : Financial Decision, Investment Decision, Financing Decision, Dividend Policy, Firm Value

Item Type: Thesis (S1)
Additional Information: No. Panggil : S PEA ISM p-2015; Pembimbing : I. Yayat Supriyatna
Uncontrolled Keywords: Keputusan Keuangan, Keputusan Investasi, Keputusan Pendanaan, Kebijakan Dividen, Nilai Perusahaan
Subjects: H Social Sciences > HB Economic Theory
L Education > L Education (General)
Divisions: Fakultas Pendidikan Ekonomi dan Bisnis > Pendidikan Akuntansi
Depositing User: Mrs. Neni Sumarni
Date Deposited: 03 Feb 2017 03:00
Last Modified: 03 Feb 2017 03:00
URI: http://repository.upi.edu/id/eprint/22849

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