GOTAMA, CHINTYA DEWI (2016) PENGARUH KEPEMILIKAN MANAJERIAL TERHADAP NILAI PERUSAHAAN DENGAN STRUKTUR MODAL SEBAGAI VARIABEL INTERVENING (Studi Pada Perusahaan Sektor Pertambangan yang Terdaftar di Bursa Efek Indonesia Periode 2008-2014). S1 thesis, UNIVERSITAS SULTAN AGENG TIRTAYASA.

Text PENGARUH KEPEMILIKAN MANAJERIAL TERHADAP NILAI PERUSAHAAN DENGAN STRUKTUR MODAL SEBAGAI VARIABEL .PDF - Published Version Restricted to Registered users only Download (6MB)

Abstract

The purpose of this study was to determine whether there is influence between managerial ownership on corporate value, by using the capital structure as an intervening variable. This type of research is descriptive and causal research. The population used in this study is a mining company listed on the Indonesia Stock Exchange (BEI) from 2008-2014 as many as 43 companies. By using purposive sampling method obtained a sample of 10 companies. The data used is secondary data. Analysis of data using classic assumption test, path analysis (path analysis, sobel test and partial test (t test). By using SPSS (Statistical Product and Service Solution) 21 for windows. From the results of the calculation, all klasih assumption test had been met. The first regression equation, namely, [Z = 0.623 X1 + 0.781665] and the second regression equation, namely, [Y = 0,156 X1 - 0.333 Z + 0.96385]. The results of partial managerial ownership has no effect and no significant effect on the value of the company. Managerial ownership and significant positive effect on the capital structure. Capital structure and significant negative effect on firm value. From the test results of path analysis showed that the capital structure as an intervening variable is unable to mediate the effect of managerial ownership on firm value and the effect is not significant. Keywords: Managerial Ownership, Capital Structure, Corporate Value

Actions (login required)

View Item