PENGARUH INVESTMENT OPPORTUNITY SET, KEPUTUSAN PENDANAAN, DAN KEBIJAKAN DEVIDEN TERHADAP NILAI PERUSAHAAN SEKTOR MANUFAKTUR YANG TERCATAT DI BEI TAHUN 2014 – 2017

Abstract

This study aims to determine and analyze the effect of Investment Opportunity Set used IOS on firm value , the effect of funding decisions used Debt To Equity Ratio (DER) on firm value and the effect of dividend policy used Devidend Payout Ratio (DPR) on firm value. The sampling method in this study uses a purposive sampling method, which is taking samples from the population with predetermined criteria. In this study using 28 manufacturing companies on the IDX. This study uses multiple regression analysis. The results of this study prove that investment decisions do not have a significant effect on firm value, funding decisions have a significant positive effect on firm value and dividend policy has a significant positive effect on firm value.