Abstract

The purposeof this study was to examine the effect of Investement Opportunity Set (IOS), dividend policy, and opportunistic behavior on firm value at Manufacturing Companies listed on Stock Exchange in 2015-2018. This study used secondary data from the company’s annual report. The samplimg method in this study used purposive sampling, the final sample obtained was 29 manufacturing companies listed on the Indonesia Stock Exchange in 2015-2018. The analysis in this study used multiple linear regression analysis. The results showed that the Investment Opportunity Set (IOS) used price proxy (MBVE) and investment proxy (CAPBVA) have a significant positive effect on firm value, while the dividen policy and opportunistic behavior have a negative effect on firm value but not significant.

Highlights

  • The purposeof this study was to examine the effect of Investement Opportunity Set (IOS), dividend policy, and opportunistic behavior on firm value at Manufacturing Companies listed on Stock Exchange in 2015-2018

  • The results showed that the Investment Opportunity Set (IOS) used price proxy (MBVE) and investment proxy (CAPBVA) have a significant positive effect on firm value, while the dividen policy and opportunistic behavior have a negative effect on firm value but not significant

  • Investment Opportunity Set (IOS) yang diproksikan dengan Market to Book Value of Equity (MBVE) dan Capital Expenditure to Book Value Assets (CAPBVA), kebijakan dividen, dan opportunistic behavior berpengaruh secara bersama-sama (simultan) terhadap nilai perusahaan pada perusahaan manufaktur yangterdaftar di Bursa Efek Indonesia tahun 2015-2018

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Summary

Jurnal Eksplorasi Akuntansi

Vol 1, No 3, Seri E, Agustus 2019, Hal 1392-1410 http://jea.ppj.unp.ac.id/index.php/jea/issue/view/12. PENGARUH INVESTMENT OPPORTUNITY SET (IOS), KEBIJAKAN DIVIDEN, DAN OPPORTUNISTIC BEHAVIOR TERHADAP NILAI PERUSAHAAN (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2015-2018). Rika Amanda Putri, Mia Angelina Setiawan2 1)Alumni Jurusan Akuntansi Fakultas Ekonomi, Universitas Negeri Padang

Variabel Independen
Teknik Analisis Data
Descriptive Statistics
Most Extreme Differences Positive Negative
Tolerance VIF
Model Summaryb
Model Summary
Sum of Squares df Mean Square
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