PENGARUH KEPUTUSAN INVESTASI, STRUKTUR MODAL DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN MANUFAKTUR SEKTOR BARANG KONSUMSI

Abstract

The purpose of this research is to determine the effect of investment decisions, capital structure and dividend policy on company value in the consumer goods sub-sector listed on the Indonesia Stock Exchange in 2015-2018. The sample collection method used in this study is a non-probability sampling approach with a purposive sampling technique. In this study, from a total population of 34 companies, only 19 companies selected as research samples have met the requirements. Data were collected through secondary data, then the hypothesis was tested using multiple linear regression analysis techniques with SSPSS version 20 as a tool. The results showed that simultaneously investment decisions, capital structure and dividend policy had a significant effect on firm value. Partially, investment decisions have a significant positive effect on firm value. Capital structure has a significant positive effect on firm value. Dividend policy has a significant positive effect on capital structure. Keywords: investment decisions, capital structure, dividend policy, firm value