Image of Pengaruh Struktur Modal dan Tata Kelola Perusahaan Terhadap Nilai Perusahaan Dengan Variabel Moderasi Makroekonomi di Indonesia Pada Periode 2015 ? 2019

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Pengaruh Struktur Modal dan Tata Kelola Perusahaan Terhadap Nilai Perusahaan Dengan Variabel Moderasi Makroekonomi di Indonesia Pada Periode 2015 ? 2019

This study aims to analyze the effect of capital structure and corporate governance on firm value by using the Fixed Effect Model. The sample of this study is 60 public companies in Indonesia that are engaged in the cyclical consumer sector during 2015-2019. The result shows that there is a negative and significant relationship between the Debt-to-Equity ratio and firm value, thus supporting the Tradeoff theory. In addition, this study proves that market capitalization and the Price-to-Book ratio positively and significantly affect the firm value, which support the Pecking Order theory. The results also find that Board Size and Board Diversity have positive and significant relationships to firm value and favor the Stewardship theory. This study also indicates that there are differences in the effects of the Debt-to-Equity ratio and Market Capitalization on firm value when macroeconomic factors are used as moderating variables.Ada Tabel

Ketersediaan

Call NumberLocationAvailable
12891PSB lt.2 - Karya Akhir1
Penerbit Depok Program Studi Manajemen Fakultas Ekonomi dan Bisnis Universitas Indonesia.,
Edisi -
Subjek Corporate governance
Capital structure
Firm value
Macroeconomic Factors
Capital Structure Theory
ISBN/ISSN -
Klasifikasi -
Deskripsi Fisik xvi, 112 p. ; diagr. ; 30 cm
Info Detail Spesifik -
Other Version/Related Tidak tersedia versi lain
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