Forum Ekonomi : Jurnal Ekonomi, Manajemen dan Akuntansi
Vol 19, No 1 (2017): Maret

Peran Grup Afiliasi dalam Memoderasi Pengaruh Hutang terhadap Nilai Perusahaan pada Perusahaan Property & Real Estate yang terdaftar di Bursa Efek Indonesia

Fina Maulidyani (Fakultas Ekonomi dan Bisnis Universitas Mulawarman Samarinda, Indonesia)
Set Asmapane (Fakultas Ekonomi dan Bisnis Universitas Mulawarman Samarinda, Indonesia)
Ledy Setiawati (Fakultas Ekonomi dan Bisnis Universitas Mulawarman Samarinda, Indonesia)



Article Info

Publish Date
28 Mar 2017

Abstract

The objective of this research is to examine empirically the effect of Debt on Firm’s Value and the ability of Group Affiliation to moderate the effect of Debt toward Firm’s Value by using an approach simple linear regression and Moderated Regression Analysis (MRA). This research uses time series data in 2011 – 2015 for company's finance data that got from Indonesia Stock Exchange. Election Procedure sample uses purposive sampling and the result are existed 35 companies that fulfill criterion. The results show that Debt has positive effect on Firm’s Value, while Group Affiliation act as a moderating variable can reduce the effect of Debt toward Firm’s Value. The higher capability of group affiliation to take control of a company, the lower debt financing that company has.Keywords:     Debt Financing, Firm’s Value, Group Affiliation

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Journal Info

Abbrev

FORUMEKONOMI

Publisher

Subject

Economics, Econometrics & Finance Other

Description

FORUM EKONOMI: Jurnal Ekonomi, Manajemen dan Akuntansiis a scientific journal in the field of economics and management published twice a year (in January & ...