CD Skripsi
Pengaruh Kepemilikan Blockholder, Dewan Komisarisdan Ukuran Perusahaan Terhadap Keputusan Pendanaan Dan Nilai Perusahaan (Studi Pada Perusahaan Go Publik Subsektor Industri Dasar Dan Kimia Sektor Manufaktur Di Bursa Efek Indonesia Periode 2011-2015)
The purpose of this research is to know the influence of Blockholder Ownership, Board of Commissioners and Firm Size on Funding Decisions and Firm Value. This research used Funding Decision and Firm Value as endogenous variable. Funding Decision measured by Debt Equity Ratio (DER) and the Firm Value measured by Price to Book Value (PBV). While the exogenous variables in this research are Blockholder Ownership, Board of Commissioners and Firm Size. This research was conducted at Manufacturing company of BasicIndustry and Chemical sub sector which listed in Indonesia Stock Exchange (BEI) in the period of 2011-2015. The population in this research is 70 manufacturingcompaniesof Basic Industry and Chemical sub sector, with samples researched as many as 52 companies with 260 N data, obtained by purposive sampling method. The data type used is secondary data obtained by using documentation method. Data analysis method in this research is path analysis. The results of this research indicate that Blockholder Ownership has a negative and significant effect on Firm Value. Board of Commissioners and Firm Size have positive and insignificant effect on Firm Value.Funding Decisionhas a positive and significant effect on Firm Value. Blockholder Ownership and Board of Commissionershave negative and significant effect on Funding Decision. Firm Size has positive and significant effect to Funding Decision. Funding Decision is not able to mediate theBlockholder Ownershipto Firm Value. Funding Decision is able to mediateBoard of Commissioners, and Firm Size to Firm Value. Keywords: Blockholder Ownership, Board of Commissioners, Firm Size, Funding Decision, DER, Firm Value, PBV
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