The Effect of Good Corporate Governance, Dividend Policy, and Capital Structure on Company Value: Empirical Study of Property and Real Estate Companies Listed on the Indonesian Stock Exchange for the 2016-2021 Period

Q4 Social Sciences

Journal of Social Research and Policy Pub Date : 2023-09-08 DOI:10.55324/josr.v2i10.1438

Septi Dwi Wulandari, Lusia Sri Arini

引用次数: 0

Abstract

This research aims to determine the effect of Good Corporate Governance, Dividend Policy, and Capital Structure on Firm Value. The object of this research is to property and real estate companies listed on the Indonesia Stock Exchange from 2016-2021. This research was conducted on 13 property and real estate companies by predetermined criteria. This study uses statistical analysis in the form of a multiple linear regression test. The sampling technique used is purposive sampling using SPSS 25 software. Based on The results of this study indicate that Managerial Ownership has a positive and not significant effect on Firm Value. Institutional Ownership has a negative and significant effect on Firm Value. Independent Commissioner has a negative and significant effect on Firm Value. Dividend Policy has a positive and significant effect on Firm Value. Capital Structure has a positive and significant effect on Firm Value.

查看原文本刊更多论文

良好的公司治理、股利政策和资本结构对公司价值的影响:2016-2021年印尼证券交易所房地产上市公司的实证研究

本研究旨在确定良好的公司治理、股利政策和资本结构对公司价值的影响。本研究的对象是2016-2021年在印尼证券交易所上市的房地产公司。这项研究是根据预先确定的标准对13家房地产公司进行的。本研究采用多元线性回归检验的形式进行统计分析。采用的抽样技术是有目的抽样，使用SPSS 25软件。本研究结果表明，管理层持股对企业价值有正向影响，但不显著。机构持股对企业价值有显著的负向影响。独立董事对公司价值有显著的负向影响。股利政策对企业价值有显著的正向影响。资本结构对企业价值有显著的正向影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Journal of Social Research and Policy Social Sciences-Sociology and Political Science

CiteScore

0.30

自引率

0.00%

发文量

审稿时长

8 weeks

期刊介绍： Welfare states have made well-being one of the main focuses of public policies. Social policies entail, however, complicated, and sometimes almost insurmountable, issues of prioritization, measurement, problem evaluation or strategic and technical decision making concerning aim-setting or finding the most adequate means to ends. Given the pressures to effectiveness it is no wonder that the last several decades have witnessed the imposition of research-based social policies as standard as well as the development of policy-oriented research methodologies. Legitimate social policies are, in this context, more and more dependent on the accurate use of diagnostic methods, of sophisticated program evaluation approaches, of benchmarking and so on. Inspired by this acute interest, our journal aims to host primarily articles based on policy research and methodological approaches of policy topics. Our journal is open to sociologically informed contributions from anthropologists, psychologists, statisticians, economists, historians and political scientists. General theoretical papers are also welcomed if do not deviate from the interests stated above. The editors also welcome reviews of books that are relevant to the topics covered in the journal.