Path: Top Ľ Journal Ľ Jurnal_Keuangan_dan_Perbankan Ľ 2015

CORPORATE GOVERNANCE DAN INTERDEPENDENSI ANTARA LEVERAGE, PROFITABILITAS SERTA KEBIJAKAN DIVIDEN DALAM MENCAPAI NILAI PERUSAHAAN

Jurnal Keuangan dan Perbankan: Volume 19, Nomor 2, Mei 2015
Journal from JIPTUNMERPP / 2017-11-16 11:06:13
Oleh : Muhamad Umar Mai, Diploma 3 of Banking and Finance Merdeka University Malang
Dibuat : 2015-05-01, dengan 0 file

Keyword : corporate governance mechanism, dividend payout ratio, firm’s value, leverage, return on equity
Url : http://drive.google.com/file/d/1-1S19CzIdr7NYva1UZnqU-9ER5s-22BV/view?usp=sharing

This research aimed to find out and to analyze the role of corporate governance mechanism in utilizing the interdependence among funding decisions, financial performance, and dividend policy in an attempt to increase the value of the company. The study was conducted at the manufacturing companies listed in Indonesia Stock Exchange, with the observation in the period of 2000-2012. A pooled data with a total of 290 companies were analyzed using path analysis. This study proved that the escalation in the value of the company was mainly influenced by the company’s ability to increase the profitability and dividend payments. Institutional ownership and board size as a proxy of corporate governance mechanism played a crucial part to encourage companies to enhance its return on equity, while the independent board persuaded the companies to amplify its dividend payments. The Board size showed a strong role in inspiring companies to improve its profitability, and it had a positive effect on firm value.

Deskripsi Alternatif :

This research aimed to find out and to analyze the role of corporate governance mechanism in utilizing the interdependence among funding decisions, financial performance, and dividend policy in an attempt to increase the value of the company. The study was conducted at the manufacturing companies listed in Indonesia Stock Exchange, with the observation in the period of 2000-2012. A pooled data with a total of 290 companies were analyzed using path analysis. This study proved that the escalation in the value of the company was mainly influenced by the company’s ability to increase the profitability and dividend payments. Institutional ownership and board size as a proxy of corporate governance mechanism played a crucial part to encourage companies to enhance its return on equity, while the independent board persuaded the companies to amplify its dividend payments. The Board size showed a strong role in inspiring companies to improve its profitability, and it had a positive effect on firm value.

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PropertiNilai Properti
ID PublisherJIPTUNMERPP
OrganisasiDiploma 3 of Banking and Finance Merdeka University Malang
Nama KontakDra. Wiwik Supriyanti, SS
AlamatJl. Terusan Halimun 11 B
KotaMalang
DaerahJawa Timur
NegaraIndonesia
Telepon0341-563504
Fax0341-563504
E-mail Administratorperpus@unmer.ac.id
E-mail CKOwsupriyanti@yahoo.com

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  • Editor: Wiwik Supriyanti, Dra. SS.