杠杆对印尼房地产行业投资、股利和公司价值的影响

Q3 Engineering
Dwiatmanto
{"title":"杠杆对印尼房地产行业投资、股利和公司价值的影响","authors":"Dwiatmanto","doi":"10.6186/IJIMS.202009_31(3).0004","DOIUrl":null,"url":null,"abstract":"The purpose of this study is to examine and explain the effect of leverage on the value of real estate companies listed on the Stock Exchange in Indonesia, with investment and dividend as mediators. The population in this study is all real estate companies listed on the Indonesia Stock Exchange. The total population was as many as 44 companies. The analytical method used is Generalized Structural Component Analysis (GSCA). The results of this study indicate that high dividend payments will cause decrease in value of company. Intense competition in real estate sector, companies to survive in industry must have product innovations. Consequence of dividend payments is that companies will use high amounts of leverage. Empirically, previous research examining the interaction between leverage, investment, dividends, and company value has produced inconsistencies in research results (gaps). This research focuses on the real estate industry in Indonesia.","PeriodicalId":39953,"journal":{"name":"International Journal of Information and Management Sciences","volume":"80 1","pages":"273-294"},"PeriodicalIF":0.0000,"publicationDate":"2020-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Effect of Leverage on Investment, Dividends, and Company Value on The Real Estate Industry in Indonesia\",\"authors\":\"Dwiatmanto\",\"doi\":\"10.6186/IJIMS.202009_31(3).0004\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The purpose of this study is to examine and explain the effect of leverage on the value of real estate companies listed on the Stock Exchange in Indonesia, with investment and dividend as mediators. The population in this study is all real estate companies listed on the Indonesia Stock Exchange. The total population was as many as 44 companies. The analytical method used is Generalized Structural Component Analysis (GSCA). The results of this study indicate that high dividend payments will cause decrease in value of company. Intense competition in real estate sector, companies to survive in industry must have product innovations. Consequence of dividend payments is that companies will use high amounts of leverage. Empirically, previous research examining the interaction between leverage, investment, dividends, and company value has produced inconsistencies in research results (gaps). This research focuses on the real estate industry in Indonesia.\",\"PeriodicalId\":39953,\"journal\":{\"name\":\"International Journal of Information and Management Sciences\",\"volume\":\"80 1\",\"pages\":\"273-294\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-09-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Journal of Information and Management Sciences\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.6186/IJIMS.202009_31(3).0004\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"Engineering\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Information and Management Sciences","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.6186/IJIMS.202009_31(3).0004","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Engineering","Score":null,"Total":0}
引用次数: 0

摘要

本研究的目的是检验和解释杠杆对印度尼西亚证券交易所上市房地产公司价值的影响,以投资和股息为中介。本研究的人口是所有在印尼证券交易所上市的房地产公司。总共有44家公司。所采用的分析方法是广义结构构件分析(GSCA)。本研究的结果表明,高股息支付将导致公司价值的下降。房地产行业竞争激烈,企业要在行业中生存就必须有产品创新。支付股息的后果是公司将使用大量的杠杆。从经验上看,以往研究杠杆、投资、股息和公司价值之间的相互作用在研究结果上产生了不一致(差距)。本研究的重点是印度尼西亚的房地产行业。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
The Effect of Leverage on Investment, Dividends, and Company Value on The Real Estate Industry in Indonesia
The purpose of this study is to examine and explain the effect of leverage on the value of real estate companies listed on the Stock Exchange in Indonesia, with investment and dividend as mediators. The population in this study is all real estate companies listed on the Indonesia Stock Exchange. The total population was as many as 44 companies. The analytical method used is Generalized Structural Component Analysis (GSCA). The results of this study indicate that high dividend payments will cause decrease in value of company. Intense competition in real estate sector, companies to survive in industry must have product innovations. Consequence of dividend payments is that companies will use high amounts of leverage. Empirically, previous research examining the interaction between leverage, investment, dividends, and company value has produced inconsistencies in research results (gaps). This research focuses on the real estate industry in Indonesia.
求助全文
通过发布文献求助,成功后即可免费获取论文全文。 去求助
来源期刊
International Journal of Information and Management Sciences
International Journal of Information and Management Sciences Engineering-Industrial and Manufacturing Engineering
CiteScore
0.90
自引率
0.00%
发文量
0
期刊介绍: - Information Management - Management Sciences - Operation Research - Decision Theory - System Theory - Statistics - Business Administration - Finance - Numerical computations - Statistical simulations - Decision support system - Expert system - Knowledge-based systems - Artificial intelligence
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信