The Impact of Capital Structure, Debt Policy, and Dividend Policy on Firm Value of Companies Listed on the LQ-45 Index

DOI

10.2991/aebmr.k.200305.063How to use a DOI?

Keywords

firm value, share ownership structure, debt policy, dividend policy

Abstract

This study aims to analyze: 1) the influence of managerial ownership on firm value, 2) the influence of institutional ownership on firm value, 3) the influence of debt policy on firm value, and) the influence of dividend policy on firm value. This study used quantitative research. The population in this study are companies listed on the LQ-45 index in Indonesia Stock Exchange period 2014 to 2016. The samples in this study are 27 companies. The results show that managerial ownership positively affects firm value, institutional ownership positively affects firm value, debt policy has a negative effect on firm value, and dividend policy has a positive effect on firm value. Determining the value of a company is an important issue for every company because the value will give effect to the welfare of the owner and be the purpose of the company.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Tri Kurniawati
AU  - Abul Khair
PY  - 2020
DA  - 2020/03/10
TI  - The Impact of Capital Structure, Debt Policy, and Dividend Policy on Firm Value of Companies Listed on the LQ-45 Index
BT  - Proceedings of the 4th Padang International Conference on Education, Economics, Business and Accounting (PICEEBA-2 2019)
PB  - Atlantis Press
SP  - 145
EP  - 153
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200305.063
DO  - 10.2991/aebmr.k.200305.063
ID  - Kurniawati2020
ER  -