Pengaruh Market Value Ratio, Leverage dan Profitabilitas terhadap Future Investment (Studi pada Perusahaan Subsektor Asuransi yang terdaftar di BEI Periode 2010-2016)

Damayanti, Devita Febriana (2018) Pengaruh Market Value Ratio, Leverage dan Profitabilitas terhadap Future Investment (Studi pada Perusahaan Subsektor Asuransi yang terdaftar di BEI Periode 2010-2016). Sarjana thesis, Universitas Brawijaya.

Abstract

Era globalisasi mendorong persaingan yang semakin ketat dan membawa dampak bagi perusahaan yang ingin terus mempertahankan usahanya. Manajemen dengan pengelolaan yang baik diharapkan dapat meningkatkan pertumbuhan perusahaan yang akan semakin meningkatkan investasi. Penelitian ini bertujuan untuk mengetahui dan menjelaskan pengaruh variabel bebas yang terditi dari book to market ratio (X1), debt ratio (X2), return on equity (X3) dan return on asset (X4) secara simultan dan parsial terhadap variabel terikat yang terdiri dari investment rate (Y1) dan investment opportunity (Y2). Jenis penelitian ini adalah penelitian penjelasan (Explanatory Research). Populasi dalam penelitian ini adalah seluruh perusahaan subsektor asuransi yang terdaftar di Bursa Efek Indonesia Periode tahun 2010-2016 dan didapat 5 perusahaan sampel yang terpilih berdasarkan kriteria tertentu yang disesuaikan dengan tujuan penelitian. Metode yang digunakan dalam penelitian ini adalah analisis regresi linear berganda. Hasil penelitian ini membuktikan bahwa : 1) pada Investment Rate (a) Book to Market Ratio, Debt Ratio, Return on Equity dan Return on Asset berpengaruh signifikan terhadap Investment Rate; (b) Book to Market Ratio secara parsial berpengaruh signifikan Investment Rate; (c) Debt Ratio secara parsial tidak berpengaruh signifikan Investment Rate; (d) Return on Equity secara parsial tidak berpengaruh signifikan Investment Rate; (e) Return on Asset secara parsial tidak berpengaruh signifikan Investment Rate. 2) pada Investment Opportunity (a) Book to Market Ratio, Debt Ratio, Return on Equity dan Return on Asset berpengaruh signifikan terhadap Investment Opportunity; (b) Book to Market Ratio secara parsial berpengaruh signifikan Investment Opportunity; (c) Debt Ratio secara parsial berpengaruh signifikan Investment Opportunity; (d) Return on Equity secara parsial berpengaruh signifikan Investment Opportunity; (e) Return on Asset secara parsial berpengaruh signifikan Investment Opportunity. Berdasarkan hasil penelitian tersebut, saran yang dapat diberikan adalah sekiranya agar peneliti selanjutnya menambahkan variabel lain di luar model agar memberikan hasil yang lebih akurat dan penelitian ini diharapkan dapat memberikan informasi yang dibutuhkan oleh investor, analis dan lembaga investasi dalam melakukan pengambilan keputusan investasi.

English Abstract

The era of globalization encourages increasingly fierce competition and brings impact to companies that want to continue to maintain its business. Good management is expected to increase the growth of companies that will further increase investment. This study was aimed to determine and explain the effect of free variables from book to market ratio (X1), debt ratio (X2), return on equity (X3) and return on asset (X4) simultaneously and partially to the dependent variable consisting of investment rate (Y1) and investment opportunity (Y2). The type of research was explanatory research. The population in this study were all insurance sub-companies listed on the Indonesia Stock Exchange Period of 2010 to 2016 and obtained 5 sample companies selected based on certain criteria tailored to the purpose of research. The method used in this research was multiple linear regression analysis. The results of this study proved that: 1) on Investment Rate (a) Book to Market Ratio, Debt Ratio, Return on Equity and Return on Asset have significant effect on Investment Rate; (b) Book to Market Ratio partially has a significant effect on Investment Rate; (c) Debt Ratio partially has no significant effect on Investment Rate; (d) Return on Equity partially has no significant effect on Investment Rate; (e) Return on Asset partially has no significant effect on Investment Rate. 2) on Investment Opportunity (a) Book to Market Ratio, Debt Ratio, Return on Equity and Return on Asset have significant effect on Investment Opportunity; (b) Book to Market Ratio partially has a significant effect on Investment Opportunity; (c) Debt Ratio partially has a significant effect on Investment Opportunity; (d) Return on Equity partially has a significant effect on Investment Opportunity; (e) Return on Assets partially has a significant effect on Investment Opportunity. Based on the results of the research, the suggestion that can be given is if the researcher furthermore add other variables outside the model in order to give more accurate results and this research is expected to provide information needed by investors, analysts and investment institutions in making investment decisions.

Item Type: Thesis (Sarjana)
Identification Number: SKR/FIA/2018/598/051808355
Uncontrolled Keywords: Investment Rate, Investment Opportunity, Book to Market Ratio, Debt Ratio, Return on Equity dan Return on Asset.
Subjects: 300 Social sciences > 368 Insurance
Divisions: Fakultas Ilmu Administrasi > Ilmu Administrasi Bisnis / Niaga
Depositing User: soegeng sugeng
Date Deposited: 29 Mar 2019 08:38
Last Modified: 25 Oct 2021 06:24
URI: http://repository.ub.ac.id/id/eprint/162376
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