Increasing Firm Value Based On External Governance And Modern Finance theory

Journal of Business and Management Review

Ahmad HijriAlfian¹  Ibnu Khajar² 

[1] Department of Economics and Accounting, Unissula, Semarang, Indonesia;Department of Economics and Management, Unissula, Semarang Indonesia;

关键词: investment opportunities;    dividend decision;    financial decision;    firm value;    corporate governance;   

DOI  :  10.47153/jbmr31.2742022

来源: DOAJ

【 摘 要 】

It is based on the theory of firm and external agency that through investment, funding, and dividend decisions to achieve max firm value. The purpose of this study is to re-examine this model for cases in Indonesia. The sample population of this study comprised 18 companies listed on the Indonesia stock exchange that become the members of LQ-45 index from 2016-2019. The samples were selected by purposive sampling. This study used panel data regression analysis program with Eviews-9 application to answer the research objectives. The results indicated that investment decisions had a significant positive effect, funding decisions had a significant negative effect and dividend decisions had no significant negative effect on firm value.

【 授权许可】

Unknown