Manu, Rolens Erens Hans Riwu (2019) Pengaruh Corporate Governance Terhadap Pertumbuhan Perusahaan, Profitabilitas, Kebijakan Dividen, Struktur Modal Dan Nilai Perusahaan (Studi Pada Basic Industry Manufacture Yang Terdaftar Di Bursa Efek Indonesia Tahun 2012-2017). Doctor thesis, Universitas Brawijaya.
Abstract
Penelitian ini dilatar belakangi oleh inkonsistensi teori tentang pengaruh antar varIabel Corporate Governance terhadap Pertumbuhan Perusahaan, Profitabilitas, Struktur Modal, Kebijakan Dividen dan Nilai Perusahaan, serta hasil penelitian sebelumnya yang saling bertentangan. Hal tersebut telah memotivasi peneliti untuk menguji kembali argumen yang menyatakan bahwa corporate governance mempengaruhi pertumbuhan perusahaan, struktur modal, profitabilitas, kebiajakan dividen dan nilai perusahaan. Kebaruan penelitian ini terletak pada merekontruksi kembali berbagai model penelitian terdahulu yang bersifat parsial, menjadi model konsep penelitian baru yang dapat melengkapi “research gap” yang ada pada studi terdahulu, dengan menambah pengaruh variabel Corporate Governance terhadap pertumbuhan perusahaan dan pengaruh variabel pertumbuhan perusahaan terhadap kebijakan dividen. Penelitian ini berfokus pada pengujian empiris terhadap teori melalui uji pengaruh antar variabel: Corporate Governance, Pertumbuhan perusahaan,Profitabilitas,Struktur Modal, Kebijakan Dividen dan Nilai Perusahaan. Teknik analisis menggunakan GSCA. Penelitian ini dilakukan di Bursa Efek Indonesia dengan obyek pengamatan Basic Industry Manufacture, periode pengamatan dari tahun 2012 sampai dengan tahun 2017. Populasi 25 perusahaan, sampel 25 perusahaan. Metode pengambilan sampelnya adalah sampel jenuh. Penelitian ini menemukan bahwa Corporate governance berpengaruh positif dan signifikan terhadap pertumbuhan perusahaan, profitabilitas, kebijakan dividen, struktur modal dan nilai perusahaan. Pertumbuhan perusahaan berpengaruh positif dan signifikan terhadap struktur modal, profitabilitas dan nilai perusahaan serta berpengaruh negatif dan signifikan terhadap kebijakan dividen. Profitabilitas berpengaruh positif dan signifikan terhadap kebijakan dividen, struktur modal dan nilai perusahaan. Kebijakan dividen berpengaruh positif dan signifikan terhadap struktur modal dan nilai perusahaan. Struktur modal berpengaruh signifikan positif terhadap nilai perusahaan. Penelitian ini menyimpulkan bahwa corporate governance, pertumbuhan perusahaan, struktur modal, profitabilitas dan kebijakan dividen, mempengaruhi nilai perusahaan.
English Abstract
This research is motivated by the inconsistency of theories about the influence of corporate governance variable on company growth, profitability, capital structure, dividend policy and corporate value as well as the conflicting results of previous research. This issue motivated outhor to reexamine the argument that states that corporate governance affects company growth, capital structure, profitability, dividend policy and firm value. The novelty of this research lies in reconstructing various previous research models that are partial, becoming a new research concept model that can complement the "research gap" in the previous study, by adding the effect of Corporate Governance variable to company growth and the effect of corporate growth variable to dividend policy . This research focuses on empirical testing of the theory through testing the influence of variables: Corporate Governance, company growth, profitability, capital structure, dividend policy and corporate value. The analysis technique uses GSCA. This research was conducted at the Indonesia Stock Exchange with the object of observation of the Basic Industry Manufacture, the observation period from 2012 to 2017. The population was 25 companies, the sample of 25 companies. The sampling method is purposive sample. This study found that corporate governance has a positive and significant effect on company growth, profitability, dividend policy, capital structure and firm value. Company growth has a positive and significant effect on capital structure, profitability and firm value, but has a negative and significant effect on dividend policy. Profitability has a positive and significant effect on dividend policy, capital structure and firm value. Dividend policy has a positive and significant effect on capital structure and firm value. Capital structure has a significant positive effect on firm value. This study concludes that corporate governance, company growth, capital structure, profitability and dividend policy, affect the value of the company.
Other obstract
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| Item Type: | Thesis (Doctor) |
|---|---|
| Identification Number: | DIS/338.7/MAN/p/2019/061907664 |
| Uncontrolled Keywords: | Corporate Governance, Pertumbuhan Perusahaan, Profitabilitas, Kebijakan Dividen, Struktur Modal dan Nilai Perusahaan,-Corporate Governance, Company Growth, Profitability, Dividend Policy, Capital Structure and Company Value |
| Subjects: | 300 Social sciences > 338 Production > 338.7 Business enterprises |
| Divisions: | S2/S3 > Doktor Ilmu Administrasi, Fakultas Ilmu Administrasi |
| Depositing User: | Endang Susworini |
| Date Deposited: | 10 Feb 2022 08:10 |
| Last Modified: | 10 Feb 2022 08:10 |
| URI: | http://repository.ub.ac.id/id/eprint/189698 |
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