STUDI EMPIRIS KEBIJAKAN DIVIDEN DAN KEBIJAKAN HUTANG DALAM MEMPENGARUHI NILAI PERUSAHAAN PADA BANK UMUM SWASTA DEVISA YANG TERDAFTAR DI BURSA EFEK INDONESIAPERIODE2012-2014

Abstract

This study has purpose too determine how the effect of Dividend Policy and Debt
policy to Corporate Value in Private Banks Foreign Exchange that listed in the
Indonesia Stock Exchange (BEI) in 2012-2014. Dividend Policy in this research proxy
for Dividend Payout Ratio (DPR), Debt Policy in this study proxied by Debt To Total
Assets Ratio (DAR), and Corporate Value in this study proxied by Price Earning Ratio
(PER).
The population in this study was 36 Private Banks Foreign Exchange that listed in
the Indonesia Stock Exchange in 2012-2014. The sample in this study consistsof 14
companies with purposive sampling method.
The method used in this study is Verificative-quantitative. The analysis toolused is
multiple linear regression analysis. The results showed that during the period 2012-
2014 Dividend Policy and Debt Policy does not have a significant influence to the
Corporate Values.
Keywords: Dividend Policy, Debt Policy and Corporate Values.