The Influence of Insider Ownership and Leverage on Firm Value with Dividend Policy as Moderating Variables
Journal Title: Dialektika : Jurnal Ekonomi dan Ilmu Sosial - Year 2022, Vol 7, Issue 1
Abstract
The purpose of this study is to analyze the effect insider ownership and leverage on firm value and use dividend policy to strengthen and weaken the effect independent variable. The method of determining the sample in this study is purposive sampling. The indicators for determining the sample are (1) all property, real estate dan construction companies listed on the Indonesia Stock Exchange (IDX) from 2015 to 2019, (2) companies that consistently report consolidated financial statements (3) companies are distributed insider ownership (4) Companies that distributed cash dividends to shareholders. Hypothesis testing using multiplier regression analysis and moderated regression. The Result of this study prove that insider ownership has a positive effect on firm value, leverage has no significant effect on firm value, dividend policy can strengthen the relationship between insider ownership and firm value and dividend policy cannot moderated relevant leverage on firm value.
Authors and Affiliations
Andi Satrio Wibowo, Yuniningsih
SJSN-Based Adaptive Strategic Approach (BPJS) in Efforts to Develop National Pension Products
The Capital Market Industry and Non-Bank Financial Institutions (NBFIs) provide alternative means of investment and financial planning for the public. Funds collected in the capital market and the non-bank financial indu...
Synergy between Good Government and General Principles of Good Governance (AAUPB) in Corruption Prevention Efforts
Eradication of criminal acts of corruption cannot be carried out only by prosecuting the perpetrators and bringing them to the courtroom, but efforts to prevent corruption are needed. One of the actors with the potential...
Analysis of Tegal Regency Restaurant Tax Potential in the Middle of the Covid-19 Pandemic
Restaurant Tax is a type of local tax that has great revenue potential for the region, so in the implementation of its collection the tegal district government targets to achieve regional tax revenue. The purpose of this...
The Government's efforts to develop MSMEs through the Car Free Day Program in Kraksaan City
The purpose of this study is to find out the efforts of the Kraksaan City government, Proboliggo Regency in developing MSMEs through the Car Free Day (CFD) program. Based on the discussion of research results regarding t...
Bureaucracy Reform and Symptoms of Prismatic Community (Study for Employee Placement in Wara Timur District, Palopo City)
The study aims to discover and figure out the extent of the implementation of bureaucratic reform, in terms of organizational and of human resources dimentions, and whether it still has a strong prismatic society tendenc...