PENGARUH PROFITABILITAS, KEPEMILIKAN INSTITUSI, KEPEMILIKAN MANAJEMEN, LIKUIDITAS DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN

Abstract

This study is performed to test the effect of ROA, institutional ownership, insider ownership, liquidity, and DPRtoward company value. The objective to analyze the effect of the company financial ratios performance (ROA, institutional ownership, insider ownership, liquidity, and DPR) toward company value in manufacturing industry over period 2009-2012. Sampling technique used here is pusposive sampling. The data wastakenIndonesian Capital Market Directory (ICMD). It is gained sample amount of 15 data. The analysis technique used here is multiple regression with the least square difference and hypothesis test using t-statistic to examine partial regression coefficient and f-statistic to examine the mean of mutual effect with level of significance 5%. In addition, classical assumption is also performed including normality test, multicolinearity test, heteroscedasticity test and autocorrelation test. The result showsROA and DPR to have influence positive significant toward company value at level of significance less than 5%.