Jurnal STEI Ekonomi
Vol 28 No 01 (2019): [Jurnal STEI Ekonomi - JEMI] Vol. 28 No. 01 (Juni - 2019)

Pengaruh Return On Asset Terhadap Nilai Perusahaan Dengan Kepemilikan Manajerial Sebagai Variabel Moderasi

Krisnando . (Indonesian Collage of Economics (STEI))



Article Info

Publish Date
03 Jun 2019

Abstract

This study is aimed to test the effect of return on assets on firm value with managerial ownership as a moderating variable in manufacturing companies that listed in Indonesia Stock Exchange (BEI) with the research period from 2016 to 2017.This research uses associative quantitative approach, which is measured using of multiple linear regression based method use Eviews 9. The population of this study is manufacturing companies listed on the Indonesia Stock Exchange (BEI) in 2016 up to 2017. Sample was determined by purposive sampling method, and get 61 manufacturing companies. So, total observation in this research are 122 observations. The data used in this study are secondary data. Data collected techniques using the documentation method through the official website of IDX: www.idx.co.id, hypothesis testing are using t test.The results of the study prove that (1) Return on Assets has a significant positive effect on Company Value which is proxied by Tobin's Q on manufacturing companies listed on the IDX for the period 2016-2017, (2) Managerial ownership does not significantly influence or weaken the relationship between Return on Assets with Company Value which is proxied by Tobin's Q for manufacturing companies listed on the Indonesia Stock Exchange for the period of 2016-2017

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Journal Info

Abbrev

JEMI

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Jurnal STEI Ekonomi has been published by the Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta. JEMI published two times a year in June and December. Jurnal STEI Ekonomi (JEMI) focuses on issues pertaining empirical investigation on Indonesian economics, accounting and management. JEMI aimed to tie ...