PENGARUH KEBIJAKAN DIVIDEN DAN STRUKTUR MODAL TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN MAKANAN DAN MINUMAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2010 - 2014

Abstract

Generally, the purpose of this study is: a.Untuk know the effect of partial dividend policy on firm value b. Know the effect of capital structure in part on the value of the company c. Know Effect between dividend policy and capital structure simultaneously to value companies in the food and drink sector companies listed on the Indonesian Stock Exchange (BEI). This study uses a quantitative research. Data from the financial statements using the 5 years from 2010 to 2014. Calculated using the dividend policy Dividend Payout Ratio, while the capital structure using the Debt to Equity Ratio, and value if the company using Price Book Value The statistical analysis used in this research is descriptive statistical analysis test, normality test, multicollinearity test, autocorrelation test, coefficient determination test, t test and F-test to this research though with SPSS version 20. Based on statistical calculation, the dividend policy has a significant level amounted to 0,404, which means negative and not significant.while the capital structure has a positive and significant impact on the value of the company. The conclusions of this research is the influence of dividend policy and capital structure on value of the company simultaneously for 4.674 has positive and significant, the level of closeness between variables in the calculation Adjusted R Square on Food and Beverage company of 20,2% and the remaining 79,8% influenced by other factors