Hasil Uji Plagiasi (Investment decisions, financing and dividends to increase firm value: a case study of manufacturing companies in Indonesia)

Mursidah, Mursidah (2021) Hasil Uji Plagiasi (Investment decisions, financing and dividends to increase firm value: a case study of manufacturing companies in Indonesia). Institute of Society Transformation (Kyiv, Ukraine & Rzeszow, Poland).

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Official URL: http://ea21journal.world/index.php/ea-v194-08/

Abstract

This study aims to determine the direct relationship of firm value with investment decisions, funding, dividends, and agency costs. The method used in this research is descriptive. The object under study is the manufacturing companies listed on the Indonesia Stock Exchange IDX during 2008-2017, totalling 108 companies. Data was collected using a survey method on cross-sectional and time-series data. The data analysis method used the Partial Least Square (PLS) technique. Tobin’s Q is used as a parameter of firm value. CAP/BVA as an investment decision parameter, DER as a funding decision parameter, DPR as a dividend decision parameter, and FCF as an agency cost parameter. The results directly influence the model that investment decisions, funding decisions, dividend decisions, and agency costs positively affect firm value. The indirect impact states that agency costs significantly mediate the relationship between investment decisions, funding decisions, and dividends on firm value. Keywords: Company Performance; Investment Decisions; Financial Decisions; Dividend Decision; Agency Costs

Item Type: Other
Subjects: E Economy, Accounting, Development > E11 Economy (General)
Depositing User: Ms Mursidah Mursidah
Date Deposited: 13 Oct 2022 07:19
Last Modified: 13 Oct 2022 07:19
URI: http://repository.unimal.ac.id/id/eprint/7327

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