Detail Analisis Dampak Kebijakan Dividen terhadap Nilai Perusahaan Publik di Bursa Efek Jakarta (di dalam Jurnal Ekonomi: Media Ilmiah Indonusa, Vol. 13 No. 2 November 2008) Bibliografi Author: Hasnawati, Sri Topik: Signalling Theory; Agency Theory; Value of the Firm Bahasa: (ID )     Penerbit: Pusat Pengelola Jurnal Ilmiah Universitas INDONUSA Esa Unggul     Tempat Terbit: Jakarta    Tahun Terbit: 2008     Jenis: Article - diterbitkan di jurnal ilmiah nasional Fulltext: Jurnal Ekonomi UIEU 1302 1108 p.312-322.pdf (106.23KB; 116 download) Identitas Jurnal Ekonomi UIEU 131108-3.pdf (1,021.95KB; 27 download) Abstract The goal of this research is to get an understanding on the effect of a dividend policy on value of public companies. This analysis was based on the target population of 259 manufactured public companies at The Jakarta Stock Exchange. This research made structural model to analysis the problem of the research. The variable of dividend policy as an unobservable variable used two indicators are dividend yield and dividend pay out ratio. The variable of firm value as an unobservable variable used three indicators are Market value, Excess return to market, and spread value over cost to book value of assets. It was found that dividend policy gave effect on the value of the companies, which is 23,04%. If examined by using Signalling Theory and Agency Theory, the result of research support both theories. Apparently, dividend policy was decided by the companies providing an indication about the prospective value of companies in the future and tools to reduce conflict between stockholders and agent. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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