Pengaruh keputusan investasi, struktur modal, profitabilitas, dan kebijakan dividen terhadap nilai perusahaan

Authors

  • Luh Gede Nirvana Dewi Fakultas Ekonomi Universitas Sarjanawiyata Tamansiswa, Indonesia

DOI:

https://doi.org/10.37631/e-bisma.v2i1.354

Keywords:

Investment Decisions, Capital Structure, Profitability, Dividend Policy, Firm Value

Abstract

The existence of research aims to find out how the company's value occurred in the basic industry and chemical subsector pulp & paper in 2014-2018. In increasing the value of the company, a manager is very influential on decisions taken including investment decisions, dividend policies and funding decisions, every decision taken affects financial decisions. Some factors that affect the value of the company are capital structure, dividend policy, company growth, liquidity, company size and investment decisions. Type of research is quantitative using financial data listed on financial statements listed on the IDX (Indonesia Stock Exchange). Investment decisions are the allocation of capital into investment proposals should be evaluated and linked to the risks and results expected to obtain a high level of return with a certain level of risk. Dividend policy is a decision on whether the profit earned will be divided as dividends or will be withheld as an upcoming investment. The Company may be distributed to shareholders as dividends or withheld in the form of retained earnings to finance the company's investments. The capital structure is the balance of the amount of short-term debt that is permanent, long-term debt, preferred shares and common shares, capital structure decisions. Profitability is revenue minus expenses and losses during the reporting period. Analysis of profitability is critical for creditors and equity investors.

References

Ayem, S., & Nugroho, R. (2016). Pengaruh Profitabilitas, Struktur Modal, Kebijakan Deviden, dan Keputusan Investasi terhadap Nilai Perusahan (Studi Kasus Perusahaan Manufaktur Yang Go Publik Di Bursa Efek Indonesia) Periode 2010 - 2014. Jurnal Akuntansi, 4(1), 31–39.

Ayuba, H., & Bambale, A. (2019). Effects Of Financial Performance, Capital Structure And Firm Size On Firms’ Value Of Insurance Companies In Nigeria. Journal Of Finance, Accounting And Management, 10(1), 57–74.

Dhani, I. P., & Utama, A. G. S. (2017). Pengaruh Pertumbuhan Perusahaan, Struktur Modal, Dan Profitabilitas Terhadap Nilai Perusahaan. Jurnal Riset Akuntansi Dan Bisnis Airlangga, 2(1), 135–148.

Gayatri, N. L. P. R., & Mustanda, I. K. (2013). Pengaruh Struktur Modal , Kebijakan Dividen Dan Keputusan Investasi Terhadap Fakultas Ekonomi Dan Bisnis Universitas Udayana (Unud), Bali, Indonesia. E-Jurnal Manajemen Universitas Udayana, 3(2), 1700–1718.

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. JRMSI-Jurnal Riset Manajemen Sains Indonesia, 3(1), 1-17.

Rinnaya, I. Y., Andini, R., & Oemar, A. (2016). Pengaruh Profitabilitas, Rasio Aktivitas, Keputusan Pendanaan, Keputusan Investasi Terhadap Nilai Perusahaan. Journal Of Accounting, 2(2), 1-18.

Sri, A., Dewi, M., & Wirajaya, A. (2015). Pengaruh Struktur Modal , Profitabilitas Dan Ukuran Perusahaan Pada Nilai Perusahaan. E-Jurnal Akuntansi Universitas Udayana, 2, 358–372.

Sukirni, D. (2016). Kepemilikan Manajerial, Kepemilikan Institusional, Kebijakan Deviden, Dan Kebijakan Hutang Analisis Terhadap Nilai Perusahaan. Accounting Analysis Journal, 1(2), 1-12.

Suryantini, N. P. S., & Arsawan, I. W. E. (2014). Pengaruh Faktor Eksternal Terhadap Nilai Perusahaan (PBV) dan Harga Saham Terhadap Perusahaan Manufaktur di Bursa Efek Indonesia. Jurnal Manajemen, Strategi Bisnis Dan Kewirausahaan, 8(2), 91-101.

Downloads

Published

2021-06-15

Issue

Section

Articles

Citation Check