PENGARUH STRUKTUR MODAL, KEPEMILIKAN MANAJERIAL, KEPEMILIKAN INSTITUSIONAL DAN TAX AVOIDANCE TERHADAP NILAI PERUSAHAAN

(Studi Empiris pada Perusahaan Manufaktur Sektor Barang dan Konsumsi yang terdaftar di Bursa Efek Indonesia Pada Tahun 2013-2017)

Abstract

Firm Value is one benchmark to assess how the management functions performed, if the stock of a company is high then the higher the level of acceptance of the owners of the company. This study aims to examine the effect of capital structure, managerial ownership, institutional ownership and tax avoidance on the value of companies in the manufacturing industry sector of consumer goods industry listed on the Indonesia Stock Exchange period 2013-2017. The sample of this research consisted of 18 manufacturing companies of konusmsi goods industry sector which listed in BEI period 2013-2017 by using sampling method of purposive sampling. The analysis technique used in this research is multiple linear regression analysis. The result of analysis shows that the variable of capital structure have a significant positive effect to firm value, and managerial ownership, institutional ownership, and tax avoidance does not influence to firm value.