IDEAS home Printed from https://ideas.repec.org/a/uii/jsbuii/v13y2009i2id2020.html
   My bibliography  Save this article

Faktor-Faktor yang Mempengaruhi Nilai Perusahaan pada Perusahaan yang Terdaftar di Bursa Efek Malaysia dan Bursa Efek Indonesia

Author

Listed:
  • Sri Hermuningsih
  • Dewi Kusuma Wardani

Abstract

The objective of this study was proving the influences of insider ownership, debt policy and dividend policy to firm value at companies listed in Malaysia Stock Exchange and Indonesia Stock Exchange during 2003 to 2008. This study used multistage regression to reach the objective. The results indicate that in Malaysia, insider ownership and debt policy have an effect to dividend policy but have not a significant effect to firm value and in Indonesia, insider ownership and debt policy have not an effect to dividend policy and dividen policy also not have an effect to company value. Beside that the Malaysian and Indonesia investors do not use a dividend policy as a positif signal because many firms give dividend although they have not profit. Keywords: insider ownership, debt policy, dividend policy, firm value

Suggested Citation

  • Sri Hermuningsih & Dewi Kusuma Wardani, 2009. "Faktor-Faktor yang Mempengaruhi Nilai Perusahaan pada Perusahaan yang Terdaftar di Bursa Efek Malaysia dan Bursa Efek Indonesia," Jurnal Siasat Bisnis, Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia, vol. 13(2).
    • Handle: RePEc:uii:jsbuii:v:13:y:2009:i:2:id:2020
    as

    Download full text from publisher

    File URL: https://journal.uii.ac.id/JSB/article/view/2020/1774
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zefriyenni, Zefriyenni & Sari, Vivi Nila & Utami, Selvida, 2019. "Korelasi Kebijakan Dividen, Ukuran Perusahaan dan Profitabilitas Terhadap Kebijakan Hutang pada Perusahaan Manufaktur [Correlation of Dividend Policy, Company Size and Profitability on Debt Policy ," MPRA Paper 96526, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uii:jsbuii:v:13:y:2009:i:2:id:2020. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ana Yuliani (email available below). General contact details of provider: https://journal.uii.ac.id/JSB/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.