Abstract
The purpose of this research is to analyze and determine whether there is a direct effect of capital structure (X1) and the Investment Decision (X2) the Value of the Company (X3) at the company's advertising, printing and media in the Indonesian Stock Exchange. The population in this research is 14 companies. Samples are 9 companies with purposive sampling method. This type of research is quantitative. Analysis of data use path analysis with SPSS 21. Based on data analysis, the results show that the capital structure (X1) has significant negative direct impact to investment decisions (X2), the capital structure (X1) has no direct impact significantly on company value (X3), the investment decision (X2) has significant positive direct impact to company value (X3) and capital structure (X1) has significant negative direct impact to company value (X3) through investment decisions (X2).
Full text article
References
Brigham, Eugene F dan Joel F. Houston. (2006). Fundamentals of Financial Management Dasar-Dasar Manajemen Keuangan. Buku kedua. Edisi Kesepuluh. Jakarta: Salemba Empat.
D. Agus Harjito dan Martono, SU. (2014). Manajemen Keuangan Edisi Kedua. Yogyakarta: Ekonisia.
Husnan, Suaddan Enny Pudjiastuti. (2006). Dasar-dasar Manajemen Keuangan. Edisi Kelima. Jakarta: UPP STIM YKPN.
Moh. Pabundu Tika, (2005), Metode Penelitian Geografi. Jakarta: PT Bumi Aksara.
Nasution, Riska. (2013). Pengaruh Return On Asset (ROA), Earning Per Share (EPS), dan Return on Equity (ROE) terhadap Price to Book Value (PBV) pada perusahaan Industri Barang Konsumsi yang terdaftar di BEI Periode (2009-2012)”. Jurusan Akuntansi, Fakultas Ekonomi, Universitas Maritim Raja Ali Haji, Tanjung Pinang.
Ni Luh Putu Rassri Gayatri dan I Ketut Mustanda. (2014). Pengaruh Struktur Modal, Kebijakan Dividend an Keputusan Investasi terhadap Nilai Perusahaan. Jurnal Fakultas Ekonomi dan Bisnis Universitas Udayana (Unud) Bali.
Suad Husnan. (1998). Manajemen Keuangan, Teori dan Penerapan (Keputusan Jangka Panjang). Yogyakarta: BPFE-Yogyakarta.
Suad Husnan dan Enny Pudjiastuti. (2006). Dasar-Dasar Manejemen Keuangan Edisi Keenam. Yogyakarta: UPP STIM YKPN.
Suharsimi Arikunto, (2010), Prosedur Penelitian Suatu Pendekatan Praktik. Jakarta: Rineka Cipta,
Tjiptono Darmadjidan Hendy M. Fakhruddin. Pasar Modal di Indonesia, Pendekatan Tanya JawabEdisi 2. (2008). Jakarta: SalembaEmpat.
Van Horne, James C dan John M. Wachowicz. 2005. Prinsip-prinsip Manajemen Keuangan. Buku Pertama. Edisi Kedua belas. Jakarta: Salemba Empat