PENGARUH KEPUTUSAN INVESTASI, KEPUTUSAN PENDANAAN, DAN KEBIJAKAN DIVIDEN TERHADAP NILAI PERUSAHAAN (Studi pada Perusahaan Property dan Real Estate yang terdaftar di Bursa Efek Indonesia periode 2016 - 2021)

Abstract

The goal of a company in the long term is to optimize its value of the company. This study aims to determine the effect of investment decisions, funding decisions, and dividend policies on company value in Property and Real Estate shares listed on the IDX in 2016-2021. The population used in this study are companies listed on the IDX in 2016-2021. Sampling method with purposive sampling according to predetermined criteria. The number of samples collected was 6 companies. The research data is secondary data obtained from the Indonesia Stock Exchange (IDX) for 2016-2021. The data that has been collected was analyzed using data analysis which first tested the classical assumptions before testing the hypothesis. Testing the hypothesis in this study using multiple linear regression analysis with the t-test, F-test, and coefficient of determination. The results of this study indicate that investment decisions have a significant positive effect on firm value, funding decisions have no significant effect on firm value, and dividend policy has no significant effect on firm value. This shows that investment decisions affect the level of firm value, while funding decisions and dividend policies do not affect the level of firm value