Pengaruh Struktur Kepemilikan Dan Kebijakan Dividen Terhadap Nilai Perusahaan Dengan Kinerja Keuangan Dan Kebijakan Hutang Sebagai Variabel Intervening (Studi Pada Perusahaan LQ45 Di Bursa Efek Indonesia)

Abstract

This study aims to determine and analyze the influence of ownership structure and
dividend policy on debt policy, firm value, financial performance. Effect of ownership
structure and dividend policy on firm value with financial performance and debt policy as
intervening variables. The population in the study was a LQ45 company in the form of
financial statements that were downloaded from www.idx.co.id, which were as many as 45
companies. then the companies studied in the lq45 company were 27 companies. The
analytical method used is path analysis (path analysis). The results of this study indicate
that ownership structure and dividend policy affect the financial performance and value of
the company. Furthermore, financial performance affects the value of the company.
Furthermore, the ownership structure and divident policies influence the value of the
company with debt policy as a variable intervening. While dividend policy does not affect
financial performance, ownership structure and dividend policy does not affect debt policy.
Debt policy does not affect the value of the company. The ownership structure and dividend
policy does not affect the value of the company with financial performance as an intervening
variable.