Abstract :
Abstrak
Penelitian ini bertujuan untuk menguji apakah Pengaruh Profitabilitas
(ROA), Leverage (DAR), dan Kepemilikan Manajerial Terhadap Nilai
Perusahaan Manufaktur.
Penelitian nimenggunakan jenis penelitian asosiatif, yang diukur
dengan menggunakan metode berbasis regresi linier berganda data panel
dengan eviews 8.Populasi penelitian adalah perusahaan manufaktur yang
terdaftar di Bursa Efek Indonesia tahun 2014 sampai tahun 2016. Sampel
ditentukan berdasarkan metode purposive sampling,dengan jumlah sampel
sebanyak 85 perusahaan manufaktur sehingga total observasi dalam penelitian
sebanyak 144 observasi. Jenis data yang digunkan data sekunder dengan
teknik pengumpulan data menggunakan metode dokumentasi yang di
perolehdari web resmi www.idx.com .
Hasil penelitian membuktikan bahwa (1) Return On Asset (ROA) tidak
berpengaruh secara signifikan terhadap Nilai Perusahaan (price to book value)
(2) Leverage (DAR) berpengaruh positif dan signifikan terhadap Nilai
Perusahaan (price to book value) (3) Kepemilikan Manajerial tidak
berpengaruh secara signifikan terhadap Nilai Perusahaan (price to book
value).
Kata Kunci : Profitabilitas, Leverage, Kepemilikan Manajerial, Nilai
Perusahaan
Abstract
This study aims to examine whether the influence of profitability
(ROA), leverage (DAR), and managerial ownership on the value of
manufacturing companies.
This research uses associative research, which is measured using a
method based on multiple linear regression panel data with eviews 8. The
research population is a manufacturing company listed on the Indonesia Stock
Exchange in 2014 to 2016. The sample is determined based on purposive
sampling method, with the number a sample of 85 manufacturing companies
so that the total observations in the study were 144 observations. Types of data
used secondary data with data collection techniques using documentation
methods obtained from the official website www.idx.com.
The results of the study prove that (1) Return on Asset (ROA) does not
significantly affect the value of the Company (price to book value) (2)
Leverage (DAR) has a positive and significant effect on the value of the
Company (price to book value) (3) Ownership Managerial does not
significantly influence the value of the Company (price to book value).
Keywords :Return on Asset (ROA),Debt on Assets Ratio (DAR), Managerial
Ownership, Price to book Value (PBV)