Universitas Syiah Kuala | ELECTRONIC THESES AND DISSERTATION

Electronic Theses and Dissertation

Universitas Syiah Kuala

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CINDY DWI PERTIWI, THE EFFECT OF MANAGERIAL OWNERSHIP, DEBT FINANCING AND DIVIDEND POLICY ON FIRM VALUE: CASE STUDY TO THE COMPANIES THAT LISTED IN INDONESIAN SHARIA STOCK INDEX (ISSI). Banda Aceh Fakultas Ekonomi dan Bisnis,2022

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Abstract

ABSTRACT The purpose of this study is to investigate the effect of managerial ownership, debt financing, and dividend policy on the firm value to companies that listed in Indonesian Sharia Stock Index (ISSI). By using the purposive sampling technique, 73 companies in Indonesian Sharia Stock Index were taken as a sample from 2015-2020 period with a total of 438 data observations. The data was then analyzed through multiple linear regression analysis. Based on the research results concluded that managerial ownership has no significant negative effect on firm value, debt financing has a significant positive effect on firm value and dividend policy has no significant positive effect on firm value. Keywords: Firm Value, Managerial Ownership, Debt Financing, Dividend Policy, Firm Size, Profitability, Liquidity.



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